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Firbeck Avenue, Skegness PE25 - Image 1
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Firbeck Avenue, Skegness PE25

East of England

£199,950
Listed on 21/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1076 sqft

Description

This four-bedroom detached house presents a valuable opportunity for renovation enthusiasts or investors looking to add significant value in a sought-after area south of Skegness town centre. Ideal for those willing to modernize, the property offers spacious accommodation, including an entrance hall, lounge with bay window, dining room, kitchen with pantry, and upstairs are four well-proportioned bedrooms alongside a bathroom and separate W.C. The outdoor space features a manageable lawned garden to the rear and off-street parking leading to a garage. With proximity to local amenities and the beach, this home has great potential for transformation into a contemporary residence while retaining its original charm. It’s worth noting that interested parties are encouraged to view the property to fully appreciate its investment potential.

Investment Analysis

(PE25 area)

Below Market Value

This property is priced -8.7% below area average per sq ft

-8.7%
Potential saving
This Property
£186/sq ft
Area Average
£204/sq ft
Avg Rent (weekly)
£141
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£240,981
10% above area average per sq ft
Potential ROI
+0.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PE25)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -3.9%
5 year growth: 14.5%
Investment Disclaimer: Analysis based on PE25 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Firbeck Avenue, Skegness PE25
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£732
Based on a loan of £149,962 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE