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    Data sources: HM Land Registry · EPC Open Data · Ordnance Survey · ONS and other open data.

    © 2026 Prop AI DealsTermsPrivacyCookiesData protectionStatusContactClimate commitment
    1. Home
    2. Peterborough properties
    3. 2 bed house for sale in Draycott Way, Skegness PE24
    Full property analysis
    OverviewAboutValue & compsReturnsDealAreaAgent & docsFAQ

    Stricter Pursue picks

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    1 / 5

    53, Draycott Way, Skegness, PE24 5WG

    2-bedroom house · PE24 5WG

    721 sq ftEPC C1 bath
    Asking
    £160,000

    Listing removed · Reduced £10k (−5.9%) on 21 Jun · Listed 184 days

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    About

    The property

    Summary Modern 2 Bedroom Mid Terrace property located in Chapel St Leonards built at the end of 2022.

    This property offers Lounge, Kitchen with integrated appliances including washer/dryer, dishwasher, fridge/freezer, oven, hob & hood, Downstairs Wc & Shower Room.

    Rear enclosed garden and off street parking description Situated within the popular coastal village of Chapel St Leonards, this well presented two-bedroom mid-terrace property offers modern and practical living, ideal for families, first-time buyers, or those seeking a coastal retreat.

    Built at the end of 2022 this property offers a Lounge, Kitchen/ Diner, Downstairs Wc, 2 Bedrooms and Shower Room.

    The Kitchen is modern and high-spec offering integrated appliances including washer/dryer, fridge/ freezer, dishwasher, oven, hob and extractor hood.

    Externally the property offers off street parking and a rear garden mainly laid to lawn with patio area and securely enclosed with fencing and gate access from the rear.

    Located in the popular Seaside Village of Chapel St Leonards and within walking distance to the Primary School, Doctors Surgery, Local Convenience Store, Shops, Restaurants, Pubs, Bars and Cafe's as well as the Beach & Seafront Attractions.

    A Bus route is also available nearby providing access to neighbouring Villages & Towns such as Mablethorpe, Ingoldmells, Winthorpe and Skegness.

    This fantastic home is ready to move into and must be viewed to be fully appreciated.

    Entrance Entrance door leads into the lounge: Lounge 13' 4" x 13' 1" ( 4.06m x 3.99m ) Has a double-glazed window to the front elevation, stairs leading to the first floor, two radiators and under stairs storage cupboard.

    A door leads into: Kitchen/ Diner 13' 2" x 13' 5" ( 4.01m x 4.09m ) Comprising of modern wall, base and drawer units with worktop space over, integrated oven, hob, extractor, fridge/freezer, dishwasher & washer dryer, radiator, double glazed window to the rear elevation and doors leading to the rear garden.

    There is ample space for a dining table and door into: Downstairs Wc Has a WC, hand wash basin and radiator.

    Landing Has loft hatch access and doors leading into the following rooms: Bedroom 1 13' 4" x 10' 5" ( 4.06m x 3.17m ) Has two double glazed windows, radiator and cupboard housing the heating system.

    Bedroom 2 10' 5" x 13' 4" ( 3.17m x 4.06m ) Has two double glazed windows and a radiator. Shower Room Has a walk in shower, hand wash basin, WC and radiator.

    External Externally the property benefits from off street parking to the front. The rear is mainly laid to lawn with a patio area and securely fenced with gate access.

    Local Area Draycott Way is ideally located within the popular seaside village of Chapel St Leonards, a well-loved coastal destination known for its sandy beaches and friendly community atmosphere.

    The village offers a range of local amenities including shops, supermarkets, cafés, pubs, and restaurants, as well as schools and healthcare facilities.

    The nearby seafront provides beautiful coastal walks and easy access to the beach, while the larger town of Skegness is just a short drive away, offering a wider range of shopping, leisure facilities, and transport links.

    This location is perfect for those looking to enjoy a relaxed coastal lifestyle while still having everyday conveniences close at hand. 1.

    Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

    2.

    General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

    3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.

    Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

    5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.

    The matters referred to in these particulars should be independently verified by prospective buyers or tenants.

    Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.

    Key information

    Price per sq ft
    £222/sq ft
    Based on 721 sq ft (67 sq m)
    Floor area
    721 sq ft (67 sq m)
    Council tax band
    Band A
    Estimated ~£1,200/year
    EPC rating
    C
    current
    Tenure
    Freehold
    Property age
    2021
    Local authority
    East Lindsey
    District
    County
    Lincolnshire County
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    Value & comps

    What is it worth?

    No previous sales on record.

    Comparable salesNo comps yet
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    Investment Disclaimer

    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.

    Mortgage

    Deal

    Is it a deal?

    ✨
    Archie’s verdict
    PursueArchie has scored this property.
    Sign in to see Archie's call — Pursue, Watch or Pass — with the reasons and a suggested offer.
    25/100
    Deal score · weighted
    Weak signals — move on

    Factor breakdown
    BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.
    0/25
    Yield potential—
    0/25
    Motivation signalsNot enough data
    0/25
    Days on market184 days · price-fatigue
    25/25
    —
    Seller motivation
    Not scored yet

    Days on market184
    Price reduction-5.9%
    STC fall-through—
    Back to market—
    Agency change—
    EPC ratingC
    Listing timeline
    First listedListed at £170,00024 Apr 2026
    Price reduced£170,000 → £160,000 (−5.9%)21 Jun 2026
    Still activeDay 184 on marketToday
    Strategy fit
    No strategy scores available yet.
    Article 4No HMO Article 4 held

    HMO Conversion Potential

    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.

    Tier, yield projection, and cost stack — Pro tier only.

    PD Conversion Potential

    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.

    Tier, route, yield projection, and cost stack - Pro tier only.

    BRRR Candidate

    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.

    Tier, refurb cost, ARV, and refi maths - Pro tier only.

    Plot subdivision potential

    Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

    Lease extension arbitrage

    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.

    Serviced Accommodation

    Pro

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    Rent-to-Rent strategy fit

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    Area

    The area

    Living here

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    Location
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    Agent & docs

    Move it forward

    Listing agent
    William H Brown - Skegness logo
    William H Brown - Skegness
    listed on zoopla
    01754879040
    20 Roman Bank, Skegness, PE25 2RU
    View on zoopla

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    FAQ

    Questions

    About 53, Draycott Way, Skegness

    How much is 53, Draycott Way, Skegness?
    The asking price is £160,000.
    What kind of property is 53, Draycott Way, Skegness?
    A 2-bedroom house in PE24 5WG.

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