Worst House on the Street Logo
Ronald Close, Skegness PE25 - Image 1
Ronald Close, Skegness PE25 - Image 2
Ronald Close, Skegness PE25 - Image 3
Ronald Close, Skegness PE25 - Image 4
Ronald Close, Skegness PE25 - Image 5
Ronald Close, Skegness PE25 - Image 6
Ronald Close, Skegness PE25 - Image 7
Ronald Close, Skegness PE25 - Image 8

Ronald Close, Skegness PE25

East of England

£139,950

Listed on 20/06/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
621 sqft

Description

This detached bungalow, nestled at the end of a quiet cul-de-sac, offers a unique opportunity for renovation and investment. Situated just a short stroll from the town centre and the beach, it boasts an entrance hallway, lounge, kitchen, two bedrooms, and a bathroom. While the property is immediately habitable, it presents significant potential for cosmetic enhancements and modernization in various areas. The outside features low-maintenance courtyard gardens both at the front and back, providing ample space for personal landscaping projects or outdoor living enhancements. The electric storage heating system and water supply are on an economy 7 tariff, which adds efficiency to running costs. With no onward chain, this bungalow is primed for a quick sale—a perfect chance for those looking to invest in a property with good foundations but room for improvement.

Investment Analysis

(PE25 area)

Above Market Value

This property is priced +11.8% above area average per sq ft

+11.8%
This Property
£225/sq ft
Area Average
£202/sq ft
Avg Rent (weekly)
£150
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£137,713
10% above area average per sq ft
Potential ROI
-13.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PE25)

Area prices are stable by +0.5% over the last 12 months
3 year growth: -1.3%
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

Ronald Close, Skegness PE25
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£529
Based on a loan of £104,962 over 30 years at 4.45% 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.

Stamp Duty Calculator

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates