Pattinson Estate Agents says ..

Property Oracle says ..

This 2-bedroom, 1-bathroom leasehold holiday chalet in Chapel St Leonards, Lincolnshire, is listed at £7,500. The property is located in a coastal village, offering the potential benefits of sea-side living. The photos show a modest interior. The kitchen and bathroom appear somewhat dated, and while the property seems structurally sound, renovations would enhance it. A small garden is present, providing some outdoor space. The list price is low compared to nearby properties, especially considering the location; however, it’s crucial to understand the implications of it being a leasehold property and the potential costs associated. Further investigation into the lease terms, the remaining length of the lease and any ground rent or service charges is essential before making a purchasing decision. Compared to nearby detached properties, the price reflects the considerable size difference and type of property, but further details about the leasehold are necessary to give a complete assessment. The close proximity to Skegness provides easy access to amenities and transport links, though the detailed distance to primary services in the immediate village could be improved upon in the description. Overall, the property presents an opportunity, but buyers should carefully consider the condition and the leasehold implications before proceeding.

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

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