Middlemarsh Road, Burgh Le Marsh, Skegness
WI

Middlemarsh Road, Burgh Le Marsh, Skegness

By Willsons

£ 475,000

Reviews

2 out of 5 stars

Willsons says ..

A traditional detached 4 bedroom farmhouse of great charm and character, set in 0.25 acre grounds with extensive outbuildings situated in a truly rural location approximately 3 miles inland from the coastal resort of Skegness having reception hall, 3 reception rooms, kitchen, cloakroom, 2 porches...

Property Oracle says ..

The property is a four-bedroom detached house located on Middlemarsh Road in Burgh Le Marsh, Lincolnshire. It is listed at £475,000 and has 2,170 sqft of living space and a 2,438 sqft plot. The average house price in the area is £352,913, with an average size of 1,505 sqft and an average price per sqft of £234. The property shows its age and requires modernisation and some repairs. The interior shows dated decor and some areas appear to need attention. The exterior is a traditional brick building with a garden, but some outbuildings are in disrepair. The property benefits from a good-sized plot. The location is in a rural setting, and while it may appeal to those seeking a quiet life, it is some distance from larger towns and cities. The nearest train station is Havenhouse, approximately 4.18km away. Several primary and secondary schools are within a reasonable distance, although their Ofsted ratings vary. Given the condition of the property, requiring significant modernisation, the size of the plot, and its rural location, the asking price of £475,000 seems high compared to the local average. While the property is larger than average, the need for extensive renovation work significantly impacts its value.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
5
Condition
4
Location
6
Land
7
Bedrooms
4
Bathrooms
1
Sqft (est)
2,170.00
Lot (est)
2,438.00

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
282,222.00 £
Decreased by 4.78 %
from 296,398.00 £
Est sale value
594,580.00 £
Increased by 0.74 %
from 590,240.00 £
Average area rental value
1,223.00 £/mo
Increased by 4.80 %
from 1,167.00 £/mo
Est letting value
2,170.00 £/mo
Unchanged by 0.00 %
from 2,170.00 £/mo
Est rental Yield
5.20 %
Increased by 10.17 %
from 4.72 %
Crime Rate
373.00 %
Unchanged by 0.00 %
from 373.00 %

Agent Activity

  • Willsons created the listing.

Nearby Schools

NameTypeOfstedDistance
The St Peter And St Paul C Of E Primary SchoolVoluntary Controlled SchoolRequires improvement4.42 KM
The Viking SchoolOther Independent SchoolRequires improvement5.46 KM
Beacon Primary AcademyAcademy Sponsor LedGood5.61 KM
Skegness AcademyAcademy Sponsor LedRequires improvement5.72 KM
Skegness Grammar SchoolAcademy ConverterGood6.10 KM

Images

hall.jpg lounge.jpg dining rm.jpg bedroom 1.jpg house from yard.jpg front b.jpg living room.jpg kitchen.jpg kitchen through archways.jpg rear porch.jpg bedroom 2.jpg dr room.jpg front a.jpg agric bldg.jpg wash house.jpg bldgs from yard.jpg garden.jpg The Elms site plan-1..png roadside bldgs.jpg bedroom 3.jpg bedroom 4.jpg bathroom.jpg stable.jpg buildings.jpg roadside.jpg

Nearby Transport

NameNLCTLCDistance
Havenhouse6260HVN4.18 KM
Skegness6265SKG6.21 KM
Wainfleet6268WFL7.11 KM
Thorpe Culvert6267TPC9.34 KM

Nearby Listings

AddressPriceTypeScoreDistance
Middlemarsh Road, Burgh Le Marsh, Skegness £ 475,000BUY5 / 100.00 KM
Middlemarsh Road, Burgh Le Marsh, Skegness, Lincolnshire, PE24 5AD £ 350,000BUY5 / 100.21 KM