Beam Estate Agents says ..

Property Oracle says ..

This property, situated on Sandbeck Avenue in Skegness, Lincolnshire, is a large guest house currently operating as a bed and breakfast. It boasts 11 bedrooms and 8 bathrooms, making it suitable for a significant number of guests or for conversion into a large family home. The exterior of the building appears neat and well-presented with a traditional design. The nearby train station and various schools, with Ofsted ratings ranging from ‘Good’ to ‘Requires Improvement,’ are advantageous. The property includes a small garden area for outdoor space. The interior shows a mix of styles and conditions; while some areas are recently decorated or furnished, others may benefit from cosmetic upgrades or refurbishment to enhance appeal and functionality. The listing price of £275,000 warrants further analysis, especially when compared with prices of other houses and maisonettes on the same street, most of which are significantly lower in price. Without details on the plot size or a more comprehensive comparison to similar properties with detailed information on size and condition sold in the recent past, determining the overall value of the property remains challenging. The high number of bedrooms and bathrooms should be considered as a key factor, and it is important to acknowledge the existence of a similar property sold for the same price, providing some degree of price support for the asking price. It would be beneficial to conduct a more detailed market appraisal based on comparable properties, sales history, and a more precise assessment of the property’s condition to provide a completely reliable valuation.

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

Images