The list price of £165,000 seems somewhat reasonable considering the comparable properties listed. However, the necessary renovations and modernisation needed will significantly impact the return on investment and thus may reduce the actual value for money. The absence of square footage data makes a precise price-per-square-foot comparison impossible but using the nearby prices as a guide and taking the condition into account this price is reasonable.

The property shows significant signs of needing repair and modernisation. The images reveal damaged walls, outdated fixtures, and a generally worn appearance. While the structure appears sound, the interior requires substantial renovations to improve its overall condition and desirability. The exterior, however, is in relatively good condition.

The property is situated in Denham Close, Skegness, which benefits from proximity to Skegness town centre (0.5km from the railway station), offering convenient access to shops, amenities, and transportation. The presence of several schools within a reasonable distance further enhances its appeal for families. However, Skegness itself is a smaller seaside town, which might limit certain amenities compared to larger cities, hence the score.

The property includes a good-sized rear garden, offering more outdoor space than some comparable properties. The garden however, is in need of some maintenance. While the presence of a garden and driveway adds value, the overall size isn’t exceptionally large.