Drummond Road, Skegness, Lincolnshire, PE25 3EH
PA

Drummond Road, Skegness, Lincolnshire, PE25 3EH

By Pattinsons

£ 350,000

Reviews

3 out of 5 stars

Pattinsons says ..

For sale via secure sale online bidding - terms and conditions apply. An attractive period block of six self contained, freehold residential flats, situated in the sought after location of Drummond Road, Skegness. The property is sold with tenants in situ, generating a regular income, mak...

Property Oracle says ..

This property is located on Drummond Road, Skegness, Lincolnshire, and is a large house. The location is close to several schools, including The Richmond School (0.81km), Skegness Infant Academy (1.41km), Skegness Junior Academy (1.44km), Skegness Grammar School (1.60km), and Skegness Academy (2.01km). Transportation links are also nearby, with Skegness train station just 1.05km away. The property itself appears to be in need of some modernisation and updating, although the structure seems sound. The images show dated decor and fixtures. The property has a decent amount of land, although the exact size of the garden isn’t specified. Considering the average house price in the area is £183,693 and the average price per sqft is £228, the list price of £350,000 for this property seems high, especially given its condition and the lack of specific details on the number of bedrooms and bathrooms. However, the size of the property (5027 sqft) might justify a higher price compared to the average sqft in the area. More information on the property’s features and condition would be needed to make a more accurate assessment of the price.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
5
Condition
6
Location
8
Land
7
Bedrooms
0
Bathrooms
0
Sqft (est)
5,027.00
Lot (est)
2,441.80

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
106,875.00 £
Decreased by 56.21 %
from 244,045.00 £
Est sale value
427,295.00 £
Decreased by 62.39 %
from 1,136,102.00 £
Average area rental value
993.00 £/mo
Increased by 57.37 %
from 631.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
11.15 %
Increased by 259.68 %
from 3.10 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Pattinsons created the listing.

Nearby Schools

NameTypeOfstedDistance
The Richmond School, SkegnessCommunity SchoolRequires improvement0.81 KM
Skegness Infant AcademyAcademy ConverterGood1.41 KM
Skegness Junior AcademyAcademy Sponsor LedGood1.44 KM
Skegness Grammar SchoolAcademy ConverterGood1.60 KM
Skegness AcademyAcademy Sponsor LedRequires improvement2.01 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Beresford Crescent £ 000.00 KM
Vine Walk £ 000.00 KM
Beresford Close £ 130,00000.00 KM
Briar Close £ 000.00 KM
Norwood Road £ 414,97500.00 KM

Nearby Transport

NameNLCTLCDistance
Skegness6265SKG1.05 KM
Havenhouse6260HVN7.91 KM

Nearby Listings

AddressPriceTypeScoreDistance
Drummond Road, Skegness, Lincolnshire, PE25 3EH £ 350,000BUY6 / 100.00 KM
Somersby Grove, Skegness, PE25 £ 190,000BUY7 / 100.01 KM
Drummond Road, Skegness £ 215,000BUY5 / 100.07 KM
Drummond Road, Skegness, Lincolnshire, PE25 3EH £ 275,000BUY5 / 100.07 KM
Saxby Avenue, SKEGNESS £ 320,000BUY5 / 100.13 KM

Nearby Properties

AddressPriceDistance
9 Somersby Grove £ 140,0000.01 KM
11 Somersby Grove £ 115,0000.01 KM
12 Somersby Grove £ 115,0000.01 KM
3 Somersby Grove £ 126,0000.01 KM
6 Somersby Grove £ 137,5000.01 KM