2-bedroom flat · PE25 2AY
Listing removedReduced £20k (−13.8%) on 21 JunListed 371 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully renovated and modern two-bedroom basement apartment is ideally situated in a prime Skegness location, just moments from the park, beach, seafront, and town centre.
Offered with no chain, the property has been thoughtfully designed to provide stylish and low-maintenance coastal living.
The spacious accommodation includes two double bedrooms, both with fitted storage, a sleek contemporary shower room, and a modern kitchen with integrated appliances, ample storage, and quality finishes.
The lounge features a media wall, feature fireplace, and space for dining, with French doors opening out to a private courtyard complete with raised decking.
Additional highlights include oak flooring, underfloor heating throughout, and a private off-road parking space accessible via gated rear entry.
With excellent transport links nearby, this apartment offers convenience and comfort in equal measure, making it an ideal choice for first-time buyers, holiday homeowners, or investors seeking a turnkey coastal property.
Additional information: Council Tax Band: A Local Authority: East Lindsey Lease Term: 999 years from and including 1 January 2019, to and including 31 December 3018 Ground Rent: Tbc Service Charges: Tbc The current owner is in the process of buying the freehold *This information is to be confirmed by the solicitor* Early viewing is highly recommended due to the property being realistically priced.
Disclaimer: These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract.
Intending Purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy.
Please note that we have not tested any apparatus, equipment, fixtures, fittings or services including gas central heating and so cannot verify they are in working order or fit for their purpose.
Furthermore, Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations.
Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate.
Therefore if intending Purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves.
Photographs are reproduced general information and it must not be inferred that any item is included for sale with the property.
Tenure To be confirmed by the Vendor’s Solicitors Possession Vacant possession upon completion Viewing Viewing strictly by appointment through The Express Estate Agency
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
FAQ
About Flat 1, 25, Rutland Road, Skegness
Explore nearby