Park Avenue, Skegness, PE25
NE

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 %
from 190,413.00 £
Average area rental value
633.00 £/mo
Increased by 17.44 %
from 539.00 £/mo
Est rental Yield
4.76 %
Increased by 40.00 %
from 3.40 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Newton Fallowell created the listing.

Nearby Schools

NameTypeOfstedDistance
Skegness Junior AcademyAcademy Sponsor LedGood0.69 KM
Skegness Infant AcademyAcademy ConverterGood0.78 KM
Skegness Grammar SchoolAcademy ConverterGood1.04 KM
The Richmond School, SkegnessCommunity SchoolRequires improvement1.30 KM
Skegness AcademyAcademy Sponsor LedRequires improvement1.47 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Grand Parade £ 142,50000.00 KM
Briar Close £ 000.00 KM
Beresford Close £ 130,00000.00 KM
Beresford Crescent £ 000.00 KM
Talbot Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Skegness6265SKG1.06 KM
Havenhouse6260HVN8.54 KM

Nearby Listings

AddressPriceTypeScoreDistance
Park Avenue, Skegness, PE25 £ 255,000BUYUnknown0.00 KM
Park Avenue, Skegness, PE25 £ 220,000BUY6 / 100.00 KM
Park Avenue,Skegness,Lincolnshire,PE25 2TF £ 120,000BUY5 / 100.01 KM
Castleton Crescent, Skegness, PE25 £ 215,000BUY6 / 100.05 KM
Castleton Crescent, Skegness, PE25 £ 199,950BUY5 / 100.05 KM

Nearby Properties

AddressPriceDistance
23 Park Avenue £ 170,0000.00 KM
28 Park Avenue £ 215,0000.00 KM
10 Park Avenue £ 164,5000.00 KM
8 Park Avenue £ 130,0000.00 KM
38 Park Avenue £ 100,0000.00 KM