1-bedroom flat · PE25 2AG
To rentReduced £25 (−5.3%) on 15 OctListed 39 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**available now** no deposit option available* Leaders are pleased to offer to let this one bedroom first-floor flat, perfectly situated in the vibrant seaside town of Skegness.
Currently undergoing re-decoration, this home is ideal for a single occupant. Step inside to discover an open-plan kitchen and living area, creating a versatile space well-suited for modern living.
The kitchen comes equipped with a free-standing oven and washing machine, providing essential conveniences for everyday living.
The double bedroom benefits from its own en-suite shower room, ensuring privacy and comfort.
Located just moments from the iconic Skegness beachfront, this flat places you within easy reach of sandy shores, scenic promenades, and the lively attractions for which the area is renowned.
Enjoy a leisurely stroll along the pier, explore local cafés and restaurants, or take advantage of the abundance of nearby shops and supermarkets.
Excellent public transport links make commuting and exploring the wider Lincolnshire coastline straightforward and stress-free. Don’t miss the opportunity to make this flat your new home.
Enquire today to arrange your viewing and see all that this property and its superb location have to offer. EPC: D council tax band: A holding deposit: £109.61 security deposit: £548.07
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 15A, Algitha Road, Skegness
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