Park Avenue, Skegness, PE25
By Newton Fallowell
£ 220,000
Reviews
3 out of 5 stars
Newton Fallowell says ..
Freehold Residential Investment Opportunity. A semi detached house arranged as 2 SELF CONTAINED FLATS each with Lounge, Kitchen, Bathroom and 2 Bedrooms in an excellent location close to the town centre and the beach. There are front and rear gardens and a driveway. Each flat...
Property Oracle says ..
The property is a block of apartments located in Skegness, Lincolnshire. The area benefits from nearby schools such as Skegness Junior Academy and Skegness Infant Academy, both rated ‘Good’ by Ofsted, and Skegness Grammar School, also rated ‘Good’. Train stations such as Skegness and Havenhouse are within reasonable distance, providing convenient transport links. The property itself appears to be in reasonable condition. The images show a property that has undergone some modernisation, with updated kitchens and bathrooms. While the decor is simple, there is no obvious evidence of significant disrepair or the need for extensive renovation. There is a small, paved rear garden. Considering the list price of £220,000 and the average price of similar properties in the area (£202,127), the property seems reasonably priced, although further information on the property’s square footage would allow for a more precise assessment of value per square foot. The lack of square footage data for this property and the nearby properties makes it difficult to provide a definitive price analysis based on price per square foot. However, the list price is within the range of nearby comparable properties. The property appears to be a good investment opportunity, given its location, condition, and price point. More details on the property’s size would help to refine this assessment.
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
- 7
- Condition
- 7
- Location
- 7
- Land
- 3
- Bedrooms
- 4
- Bathrooms
- 2
- Lot (est)
- 79.10
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
- 159,658.00 £Decreased by 16.15 %
- Average area rental value
- 633.00 £/moIncreased by 17.44 %
- Est rental Yield
- 4.76 %Increased by 40.00 %
- Crime Rate
- 12.00 %Unchanged by 0.00 %
Agent Activity
Newton Fallowell created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Skegness Junior Academy | Academy Sponsor Led | Good | 0.69 KM |
| Skegness Infant Academy | Academy Converter | Good | 0.78 KM |
| Skegness Grammar School | Academy Converter | Good | 1.04 KM |
| The Richmond School, Skegness | Community School | Requires improvement | 1.30 KM |
| Skegness Academy | Academy Sponsor Led | Requires improvement | 1.47 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Grand Parade | £ 142,500 | 0 | 0.00 KM |
| Briar Close | £ 0 | 0 | 0.00 KM |
| Beresford Close | £ 130,000 | 0 | 0.00 KM |
| Beresford Crescent | £ 0 | 0 | 0.00 KM |
| Talbot Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Skegness | 6265 | SKG | 1.06 KM |
| Havenhouse | 6260 | HVN | 8.54 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Park Avenue, Skegness, PE25 | £ 255,000 | BUY | Unknown | 0.00 KM |
| Park Avenue, Skegness, PE25 | £ 220,000 | BUY | 6 / 10 | 0.00 KM |
| Park Avenue,Skegness,Lincolnshire,PE25 2TF | £ 120,000 | BUY | 5 / 10 | 0.01 KM |
| Castleton Crescent, Skegness, PE25 | £ 215,000 | BUY | 6 / 10 | 0.05 KM |
| Castleton Crescent, Skegness, PE25 | £ 199,950 | BUY | 5 / 10 | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 23 Park Avenue | £ 170,000 | 0.00 KM |
| 28 Park Avenue | £ 215,000 | 0.00 KM |
| 10 Park Avenue | £ 164,500 | 0.00 KM |
| 8 Park Avenue | £ 130,000 | 0.00 KM |
| 38 Park Avenue | £ 100,000 | 0.00 KM |