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High Street, Ingoldmells, Skegness, Lincolnshire PE25 - Image 1
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High Street, Ingoldmells, Skegness, Lincolnshire PE25

East of England

£550,000
Listed on 19/03/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This offering presents an exceptional opportunity to acquire a freehold development site nestled in the coastal village of Ingoldmells, just a short distance from the lively resort town of Skegness. Spanning approximately 2.18 acres, the site comes with full planning permission for the construction of twenty-nine residential units, complemented by ample parking and thirteen garages. This project caters to the growing demand for housing in this desirable area without any obligations for social housing, thus maximizing investment potential. Interested parties can inspect architect’s plans and elevation drawings to visualize the project's possibilities. Access to the site is conveniently available from both High Street and Skegness Road, making it an attractive prospect for developers seeking to tap into this thriving region.

Investment Analysis

(PE25 area)
Area Average
£203/sq ft
Avg Rent (weekly)
£150
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£600,000 - £900,000
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
8%
Properties sold annually

Local Market Trend (PE25)

Area prices are falling by -3.2% over the last 12 months
3 year growth: -2.3%
5 year growth: +14.0%
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

High Street, Ingoldmells, Skegness, Lincolnshire PE25
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,948
Based on a loan of £412,500 over 30 years at 3.91% 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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