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See how verdicts work2-bedroom flat · PE25 1BL
For saleListed 72 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
HomeMove Estate Agents By Carl Smith are delighted to offer for sale, this spacious maisonette located in the popular coastal resort of Skegness.
Situated only a few moments’ walk from the beach & seafront. Ideally suited for investors, holiday home purchasers or retirement purchasers.
Viewing is strongly advised and is strictly by appointment with the selling agents.
Accommodation comprises private entrance hall and staircase, generous size lounge, breakfast kitchen, two double bedrooms and a refurbished bathroom.
The property is heated by gas central heating with a modern boiler, Upvc double glazing is installed (except entrance door).
Externally the property has an allocated car parking space in addition to the communal garden to the rear.
Entrance Hall - Having private timber & glazed entrance door, staircase to the first-floor landing.
First-floor landing – Having access to the roof space, central heating radiator, central heating thermostat, intercom system, stairs to the ground floor entrance.
Lounge – Having Upvc double glazed window to the front elevation, recess for television, sound bar and electric fire, two vertical central heating radiators, coving to ceiling, telephone point & tv point.
Breakfast Kitchen – Having a fitted kitchen comprising base cupboards, drawers and matching eye level units, roll edge working surface with tiled splashbacks, Upvc window unit to the rear elevation, space for fridge freezer, inset one and a half stainless steel sink unit with mixer tap, electric oven and gas hob, plumbing for automatic washing machine, wall mounted gas fired central heating boiler.
Bedroom 1 – Having Upvc double glazed window to the front elevation, central heating radiator, telephone point & tv point.
Bedroom 2 - Having Upvc double glazed window to the rear elevation, central heating radiator, fitted shelved cupboards Bathroom – Having Upvc double glazed obscure glazed window unit to the rear elevation, vanity wash hand basin, low level flush WC, P shape bath with mixer tap and mains fed shower above, downlights, panelled ceiling.
Outside Allocated car parking space – An allocated car parking space is provided for the owner of the maisonette.
Rear – Having a communal garden area to the rear of the property with space for a rotary washing line and garden shed with electricity connected Tenure: leasehold - Lease - The property is held subject to the terms and conditions of the lease which runs for 999 years from 1986.
The seller informs us that there is no ground rent payable however a service charge of £40 is paid annually for cutting of the communal lawn area Situation: Located in Skegness, only a few moments’ walk from the beachfront.
Skegness is the principal Lincolnshire coastal resort with a resident population of around 20,000 persons increasing substantially in the summer months with the influx of holidaymakers and day visitors.
It is some 40 miles east and south of Lincoln and Grimsby respectively with main communication links via the A52 & A158 roads to the south and Midlands.
Wainfleet is the nearest small town with supermarket and train station. General Information: Local Authority: East Lindsey District Council. The agency website indicates Tax band: A.
Energy Rating: C Carl Smith, HomeMove Lincolnshire: Carl joined the HomeMove team in 2021, bringing over 20 years of experience in the property industry and more than 15 years of managing estate agency branches across Skegness, Louth, and Grantham.
With his comprehensive understanding of the Lincolnshire property market, Carl is proud to be considered a local expert.
In 2025, HomeMove Lincolnshire was proudly recognised as the estas Winner for ‘Best Agent in the PE25’ postcode. Feel free to reach out to Carl for professional property advice and support.
* When you make an offer on a property, we are required by law to carry out id and Financial verification checks.
As part of this we will need to see documents including Proof of id, Address and Financial Statements and we will carry out a ‘SmartSearch’ chargeable at £15.00 per buyer.
HomeMove Estate Agents may be paid a referral fee for introducing clients to their preferred EPC, Conveyancing, Survey and Mortgage service providers.
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.
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FAQ
About Flat 12 ,The Towers, Park Avenue, Skegness
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