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Ronald Close, Skegness PE25 - Image 1
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Ronald Close, Skegness PE25

East of England

£139,950
Listed on 21/04/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
621 sqft

Description

This modern detached bungalow is situated at the end of a quiet cul de sac, offering a peaceful environment with no through traffic. Conveniently located within walking distance to both the town centre and the beach, this property presents a solid investment opportunity. The accommodation comprises an entrance hallway leading to a lounge, kitchen, two bedrooms, and a bathroom. Externally, you'll find a paved courtyard in front and an enclosed low-maintenance rear garden that is primarily paved and gravelled—perfect for adding decorative plant pots or tubs. While the bungalow is move-in ready, it would greatly benefit from some cosmetic updates and modern enhancements in various areas. Features include electric storage heating and access to communal parking at the front. With no upward chain involved, this property can facilitate a quick sale for prospective buyers.

Investment Analysis

(PE25 area)

Above Market Value

This property is priced +11.2% above area average per sq ft

+11.2%
This Property
£225/sq ft
Area Average
£203/sq ft
Avg Rent (weekly)
£150
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£138,396
10% above area average per sq ft
Potential ROI
-16.1%
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
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

Ronald Close, Skegness PE25
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£496
Based on a loan of £104,962 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.

Stamp Duty Calculator

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