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See how verdicts work3-bedroom terraced house · PE25 3RH
Sold STCListed 44 daysAuction 29 Sep · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Under the Hammer online auction on Tuesday 29th September 2026. Head over to our website to download the legal pack, register to bid and see more information.
6 Weeks completion available (or sooner). A Freehold 3 Bedroom Terraced House providing an established income producing investment opportunity.
The accommodation comprises a living room, dining room, kitchen and a family bathroom to the ground floor.
The first floor provides two bedrooms, whilst the second floor offers a further bedroom, creating flexible living accommodation suitable for families and long-term occupiers alike.
The property offers well-proportioned accommodation throughout and benefits from a private rear garden.
The property is currently let under a regulated tenancy, producing £520pcm (£6,240 per annum), providing an immediate income producing investment opportunity.
Please refer to the legal pack for further tenancy information. The property is situated in the popular Lincolnshire seaside town of Skegness.
A wide range of local amenities are available nearby, including supermarkets, independent shops, schools, healthcare facilities and leisure amenities.
Skegness town centre, the seafront and railway station are all within easy reach, whilst excellent road links provide access to the wider Lincolnshire area.
The property's convenient location and proximity to local attractions make it well placed to support continued tenant demand and long-term investment potential.
Here's what to do next Visit - Our website and view the auction terms. View - Book a viewing directly through our website. Register - Get registered prior to the auction opening date.
Legal Pack - Download and view the legal pack to find out all the relevant information. Prior Auction Offer - Want it now? Submit a prior auction offer through our website.
All offer's go direct to the seller. Bidding - Everything is completed online through the website and the intuitive bidding controls.
If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 18 Cross Street Skegness, Lincolnshire, PE25 3RH
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