North Parade, SKEGNESS
By Bagshaws Residential
£ 600,000
Reviews
2 out of 5 stars
Bagshaws Residential says ..
AUCTION SALE 09 September 2025 - • A block of 11 apartments close to the sea front• Mixture of ASTs & holiday lets• A very popular location offering an attractive annual income
Property Oracle says ..
This block of apartments is located on North Parade in Skegness, Lincolnshire. The property offers 20 bedrooms and 10 bathrooms within 2,530 square feet.
The location benefits from being near the coast and close to local amenities. Skegness Junior Academy, Skegness Infant Academy and Skegness Grammar School are all within 1.3km. Skegness train station is also conveniently located 1.28km away.
The condition of the property appears to be mixed. Some apartments look modern and well-maintained, while others show signs of needing renovation with dated decor.
The property includes a small outdoor space.
The list price is £600,000. The average price per square foot in the area is £189. This property is listed at £237 per square foot. Given the number of apartments and potential rental income, this may represent a reasonable investment opportunity. However, the average property price in the area is £159,658, so this is a significantly larger investment.
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
- 6
- Location
- 8
- Land
- 3
- Bedrooms
- 20
- Bathrooms
- 10
- Sqft (est)
- 2,530.00
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
- 159,658.00 £Decreased by 16.15 %
- Est sale value
- 478,170.00 £Increased by 155.41 %
- Average area rental value
- 633.00 £/moIncreased by 17.44 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 4.76 %Increased by 40.00 %
- Crime Rate
- 29.00 %Unchanged by 0.00 %
Agent Activity
Bagshaws Residential created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Skegness Junior Academy | Academy Sponsor Led | Good | 0.94 KM |
| Skegness Infant Academy | Academy Converter | Good | 1.03 KM |
| Skegness Grammar School | Academy Converter | Good | 1.28 KM |
| The Richmond School, Skegness | Community School | Requires improvement | 1.49 KM |
| Skegness Academy | Academy Sponsor Led | Requires improvement | 1.71 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Grand Parade | £ 142,500 | 0 | 0.00 KM |
| Briar Close | £ 0 | 0 | 0.00 KM |
| Beresford Close | £ 130,000 | 0 | 0.00 KM |
| Beresford Crescent | £ 0 | 0 | 0.00 KM |
| Talbot Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Skegness | 6265 | SKG | 1.28 KM |
| Havenhouse | 6260 | HVN | 8.76 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| North Parade, SKEGNESS | £ 600,000 | BUY | 5 / 10 | 0.00 KM |
| North Parade, Skegness | £ 600,000 | BUY | 3 / 10 | 0.00 KM |
| North Parade, SKEGNESS | £ 550,000 | BUY | 5 / 10 | 0.00 KM |
| Glentworth Crescent, Skegness, PE25 | £ 325,000 | BUY | 6 / 10 | 0.13 KM |
| Glentworth Crescent, Skegness, PE25 | £ 289,950 | BUY | 7 / 10 | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 4 Castleton Boulevard | £ 260,000 | 0.10 KM |
| 16 Castleton Boulevard | £ 160,000 | 0.10 KM |
| 12 Castleton Boulevard | £ 55,000 | 0.10 KM |
| 28 Glentworth Crescent | £ 183,000 | 0.15 KM |
| 16 Glentworth Crescent | £ 177,000 | 0.15 KM |