Drummond Road, Skegness, PE25
NE

Drummond Road, Skegness, PE25

By Newton Fallowell

£ 79,950

Reviews

2 out of 5 stars

Newton Fallowell says ..

NO CHAIN.  A first floor Freehold 2 Bedroom Flat in a great location convenient for Seacroft Golf Course, the beach and local shops.  The accommodation comprises a private entrance with staircase to the first floor, 15' Lounge, Kitchen, 2 double Bedrooms and a Bathroom.  EPC Rat...

Property Oracle says ..

This first floor flat is located on Drummond Road in Skegness, Lincolnshire. The property benefits from being close to local schools, including The Richmond School (0.94km), Skegness Infant Academy (1.84km), Skegness Junior Academy (1.90km), Skegness Grammar School (1.98km), and The Viking School (2.31km). Skegness railway station is also within reasonable proximity (1.34km). The flat itself is a two-bedroom property with one bathroom, spanning 723.80 sqft. Based on the provided images, the property appears to be in need of modernisation. The décor and furnishings are dated, and some updating would likely enhance its appeal and value. The property includes a small plot of land (673.80 sqft). While the list price is significantly below the average price for the area (£79,950 vs £183,693), the condition of the property and its smaller size compared to the average sqft (723.80 sqft vs 804 sqft) may justify this difference. However, a detailed survey would be necessary to determine the extent of any required repairs or renovations and their associated costs. Nearby comparable properties on Drummond Road have sold for between £112,000 and £225,000, indicating a range of prices for similar properties. Further analysis of these comparable properties, including their condition and size, would be needed to fully assess the value of this property.

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
6
Condition
4
Location
7
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
723.80
Lot (est)
673.80

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
106,875.00 £
Decreased by 56.21 %
from 244,045.00 £
Est sale value
61,523.00 £
Decreased by 62.39 %
from 163,578.80 £
Average area rental value
993.00 £/mo
Increased by 57.37 %
from 631.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
11.15 %
Increased by 259.68 %
from 3.10 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Newton Fallowell created the listing.

Nearby Schools

NameTypeOfstedDistance
The Richmond School, SkegnessCommunity SchoolRequires improvement0.94 KM
Skegness Infant AcademyAcademy ConverterGood1.84 KM
Skegness Junior AcademyAcademy Sponsor LedGood1.90 KM
Skegness Grammar SchoolAcademy ConverterGood1.98 KM
The Viking SchoolOther Independent SchoolRequires improvement2.31 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Norwood Road £ 414,97500.00 KM
Vine Walk £ 000.00 KM
Drake Road £ 600,00000.00 KM
Green Lane £ 000.00 KM
Beresford Crescent £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Skegness6265SKG1.34 KM
Havenhouse6260HVN7.48 KM

Nearby Listings

AddressPriceTypeScoreDistance
Drummond Road, Skegness, PE25 £ 79,950BUY5 / 100.00 KM
Drummond Road, Skegness, PE25 £ 250,000BUY6 / 100.04 KM
Drummond Road, Skegness, Lincolnshire, PE25 3BU £ 250,000BUYUnknown0.08 KM
Drummond Road, Skegness, Lincolnshire, PE25 3BU £ 325,000BUY7 / 100.08 KM
Drummond Road, Skegness, Lincolnshire, PE25 3DD £ 230,000BUY4 / 100.09 KM

Nearby Properties

AddressPriceDistance
226 Drummond Road £ 113,0000.00 KM
161 Drummond Road £ 112,0000.00 KM
224 Drummond Road £ 225,0000.00 KM
163 Drummond Road £ 166,0000.05 KM
228 Drummond Road £ 170,0000.05 KM