Lovelle says ..

Property Oracle says ..

The property is a 5 bedroom, 2 bathroom detached house located on Derby Avenue, Skegness, Lincolnshire. The property is situated in the Scarbrough & Seacroft locality of East Lindsey. The property benefits from being close to several schools, including Skegness Infant Academy and Skegness Junior Academy, both rated ‘Good’ by Ofsted. The Richmond School and Skegness Academy are also within a reasonable distance, although their Ofsted ratings are ‘Requires Improvement’. Skegness Grammar School, also rated ‘Good’, is slightly further away. The proximity to these schools will be a significant factor for families. Skegness train station is 1.40 KM away, offering convenient access to public transportation. Based on the provided images, the property appears to be in good condition. Whilst some of the decor may be considered dated, the property is well-maintained and doesn’t show signs of significant disrepair or the need for major renovation. The interior is clean and tidy. The property includes a large garden with a swimming pool and a covered patio area. This suggests a substantial amount of outdoor space. Considering the average house price in the area is £183,693, and the average price per square foot is £228, the list price of £500,000 for this 2,374.41 sqft property seems high. However, the property’s size, condition, features (including the pool), and location on Derby Avenue, which has seen higher-priced sales, could justify a higher price point compared to the area average. Nearby properties on Derby Avenue have sold for significantly higher prices than the area average, suggesting this property is in a desirable location. The lack of sqft information for nearby listings makes a precise comparison difficult. Further analysis of comparable properties with similar features would be beneficial to determine a more accurate price assessment.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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