We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work8-bedroom house · PE25 1AZ
For saleListed 230 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Philmar Guest House in Skegness offers 7 Family and Double rooms with en-suite shower rooms, carpeted floors, and modern amenities.
Each room features a TV, electric kettle, and wardrobe, ensuring a pleasant stay.
The accommodation as per the floor plan within the brochure and comprises 7 guest bedrooms with potential for 2 more and excellent owners' accommodation with 2 bedrooms.
The property also has an annexe in the garden. An excellent opportunity to purchase the Philmar Guest House.
This 3-star guest house is ideally situated within a few blocks of the seafront Skegness Aquarium.
The property is located just 550 metres from Nature land Seal Sanctuary and just 1.2 km from the broad Skegness Beach.
The Philmar also grants access to family attractions like Fantasy Island Theme Park, which are 4.7 km away. The nearest bus stop St Andrews Drive is 350 metres away.
The Property is situated in a prominent prime location close to North Parade and the sea. The main shopping area of Lumley Road is close by.
The property is within a short walk from the main foreshore with attractive views of the beach and sea for upper levels.
Skegness is undergoing a major £26 m regeneration of the centre, foreshore, and promenade, The property is within a 5 minute walk of the centre including Skegness Pier, The famous Embassy Theatre, Skegness Aquarium, and many other attractions.
Skegness is a seaside town and civil parish in the East Lindsey District of Lincolnshire.
On the Lincolnshire coast of the North Sea, the town is 43 miles (69 km) east of Lincoln and 22 miles (35 km) north-east of Boston.
With a population of 19,579 as of 2011, it is the largest settlement in East Lindsey.
It also incorporates Winthorpe and Seacroft and forms a larger built-up area with the resorts of Ingoldmells and Chapel St Leonards to the north.
The town is on the A52 and A158 roads, connecting it with Boston and the East Midlands, and Lincoln, respectively. Skegness railway station is on the Nottingham to Skegness (via Grantham) line.
Entrance Porch Entrance Hall Dining Room 4.93m x 3.81m - 16'2” x 12'6” Shower Room 1.91m x 1.47m - 6'3” x 4'10” Work Kitchen 3.91m x 2.95m - 12'10” x 9'8” First Floor Landing Bedroom 1 4.83m x 3.73m - 15'10” x 12'3” En-Suite Shower Room 2.08m x 1.45m - 6'10” x 4'9” Bedroom 2 4.24m x 3.33m - 13'11” x 10'11” En-Suite Shower 1.79m x 1.55m - 5'10” x 5'1” Bedroom 3 4.24m x 2.31m - 13'11” x 7'7” En-Suite 1.75m x 1.5m - 5'9” x 4'11” Bedroom 4 2.95m x 2.64m - 9'8” x 8'8” En-Suite Shower Bedroom 4 2.01m x 1.65m - 6'7” x 5'5” Bedroom 5 4.47m x 2.44m - 14'8” x 8'0” En-Suite Shower To Bedroom 5 Bedroom 6 2.97m x 2.57m - 9'9” x 8'5” En-Suite Shower To Bedroom 6 Owners Accomodation Owner's Dining Room 4.19m x 3.78m - 13'9” x 12'5” Owner's Lounge 4.83m x 3.81m - 15'10” x 12'6” Office 3.84m x 1.6m - 12'7” x 5'3” Owner's Kitchen 4.5m x 2.57m - 14'9” x 8'5” Rear Hall Owner's Further Lounge 4.22m x 3.28m - 13'10” x 10'9” Utility/Laundry Room 2.41m x 1.83m - 7'11” x 6'0” Guest Room 2.95m x 2.64m - 9'8” x 8'8” En-Suite Shower To Guest Room 2.13m x 1.22m - 6'12” x 4'0” First Floor Landing To Owner's Accommodation Bathroom 3.73m x 1.98m - 12'3” x 6'6” Owner's Bedroom 7 4.45m x 2.79m - 14'7” x 9'2” Owner's Bedroom 8 3.48m x 2.79m - 11'5” x 9'2” Outside Shed 1 4.27m x 3.25m - 14'0” x 10'8” Shed 2 1.83m x 1.83m - 6'0” x 6'0” Annexe 5.21m x 2.69m - 17'1” x 8'10” Annexe Shower Room 2.18m x 1.32m - 7'2” x 4'4”
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
.png)
FAQ
About Philmar Guest House, 28 Sunningdale Drive, Skegness
Explore nearby