4-bedroom house · PE25 2TF
For saleListed 210 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A traditional detached house set in a popular location of Skegness, close to the beach and town centre amenities.
Offering a spacious living accommodation throughout including a large lounge/diner, kitchen/diner, utility/pantry and four bedrooms.
In need of modernisation, the property would be suited for any buyer looking to add their own finish. Sold with no onward chain.
Front Of Property - Having concrete driveway leading to the front and side of the property and low maintenance garden bordered by a brick wall.
Hallway - With carpeted flooring and under stair storage cupboard.
Lounge/Diner - With single glazed and timber double doors from the hallway, wooden surround fire place with gas fire, carpeted flooring, bay window to the front and window to the rear of the property.
Kitchen/Diner - With a range of base and wall units, tiled splashbacks, double electric oven, ceramic hob, space and plumbing for dishwasher, wall mounted gas boiler, vinyl flooring to the kitchen area, carpeted flooring to the dining area, door to the side of the property and dual windows to each side of the property.
Utility/Pantry - Accessed via slatted timber double doors having plumbing for washing machine, shelving/storage, vinyl flooring and window to the side of the property.
First Floor Landing - With access to the loft space, carpeted flooring and window to the side of the property on approach from stairwell.
Bedroom One - With built in wardrobes and over bed fitted unit, carpeted flooring and bay window to the front of the property.
Bedroom Two - With built in wardrobes, carpeted flooring and window to the rear of the property. Bedroom Three - With carpeted flooring and window to the front of the property.
Bedroom Four - With carpeted flooring and window to the rear of the property.
Bathroom - 2.57m x 2.13m (8'5" x 7') - With sink, bath having electric shower over, airing cupboard, carpeted flooring and window to the side of the property.
Wc - With carpeted flooring, WC and window to the side of the property.
Rear Garden - Having three brick built stores/outbuildings adjacent to the rear of the property, paved low maintenance areas with raised flower beds, mature shrubs and trees and boundaries of timber fencing.
Energy Performance Certificate - The property has an energy rating of 'F'.
The full report is available from the agents or by visiting Reference Number: 9295-3006-0207-6616-6200 Services - We understand that mains gas, electricity, water and drainage are connected to the property.
Tenure & Possession - The property is Freehold with vacant possession upon completion.
Local Authority - Council Tax Band 'C' payable to Local Authority: East Lindsey District Council, Tedder Hall, Manby Park, Louth, Lincs, LN11 8UP. Tel: .
Viewing - Viewing is strictly by appointment with the Skegness office at the address shown below. What 3 Words - ///lives.asking.claims
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About Park Avenue, Skegness
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