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See how verdicts work2-bedroom flat · PE25 2UB
Sold STCListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Oxford Family Estates are delighted to bring onto the market this 2 Bedroom ground floor flat in the vibrant and popular location of the coastal town of Skegness.
Discover this charming two-bedroom ground floor flat, perfectly situated on North Parade with direct views of the bowling greens, offering an exceptional coastal lifestyle in a prime Skegness location.
With ramped access ideal for those with accessibility requirements.
Kitchen & Living Areas This spacious flat features a bright lounge, with sliding doors that open up to the juliet balcony style area outside.
These doors are complimented with electric remote control blinds. The generously sized kitchen provides ample room for dining and storage.
With space and plumbing for washing machine, condenser dryer and tower fridge freezer. The Vaillant combi boiler is also mounted on the wall in the kitchen.
Bedrooms & Bathroom Both bedrooms are comfortable doubles, with the master bedroom having full length built in wardrobes with sliding doors.
The bathroom is well-appointed with a relaxing corner bath, ceramic sink on a vanity unit and low level toilet.
Utilities Mains gas heating, mains electric, and mains water supply ensure modern comfort and efficiency. High-speed Ultrafast broadband is also available.
Leasehold Lease term: 99 years from 1 October 1987 Lease end date: 18/08/1988 Ground rent £75 a year annually in advance, increase.
Maintenance charges billed every 6 months in arrears and vary depending on the work required.
The invoice for the period 01/01/26-30/06/26: Electric/Electric Works - £113.89 Window Cleaner - £16.60 Cleaning Communal Areas (Hall, Stairs, Landing & Lawn) - £15.83 Fire Risk Assessment - £34.16 Total: £180.48 Insurance: £215.80 for 2026, billed with the invoice for the first 6 months.
Skegness Skegness is a popular seaside resort on the Lincolnshire coast, renowned for its sandy beaches and vibrant atmosphere.
The town offers a wide array of amenities including shops, restaurants, entertainment venues, and excellent transport links, making it a desirable location for both permanent residents and holidaymakers.
The sought-after North Parade location places you just moments from Skegness town centre and next to the bowling greens providing easy access to a variety of shops, amenities, and local attractions.
Our phone lines are open 8 am-8 pm, 7 days a week, to arrange your viewing and experience all that this delightful flat has to offer.
Value & comps
No previous sales on record.
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 asking
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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.
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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 North Parade,Skegness,PE25 2UB
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