Way, Skegness, Lincolnshire, PE25
By Platform Housing Group
£ 43,750
Reviews
2 out of 5 stars
Platform Housing Group says ..
Did you know, you may only need a deposit from just £2,187 with Shared Ownership? Would you like to own your own home but find you're struggling to afford a home on the open market?
Property Oracle says ..
This property, located in Skegness, Lincolnshire, is a two-bedroom, one-bathroom terraced house listed under a shared ownership scheme. The list price of £43,750 is markedly lower than average prices for similar properties in the immediate vicinity, reflecting the benefits of the shared ownership model where the buyer only purchases a share of the property. The property appears to be newly built or recently renovated, with modern features, fixtures, and finishes throughout, evidenced by the high-quality images. The interior is contemporary and well-presented. However, a key drawback is the absence of a garden or any significant outdoor space. The location is suitable for those seeking amenities close to the sea and town center. Schools and transportation links are reasonably nearby. However, the town might be too quiet or lack opportunities for some buyers. Overall, it’s a potentially good entry point into the property market or for those seeking a manageable, low-maintenance home in a coastal location, although the lack of land and the shared ownership aspect should be considered. The property’s appeal rests heavily on the shared ownership affordability factor, modern condition, and decent location.
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
- 7
- Condition
- 9
- Location
- 6
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 769.62
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 %
- Est sale value
- 65,417.70 £Decreased by 62.39 %
- Average area rental value
- 993.00 £/moIncreased by 57.37 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 11.15 %Increased by 259.68 %
- Crime Rate
- 17.00 %Unchanged by 0.00 %
Agent Activity
Platform Housing Group marked this listing as sold.
Platform Housing Group created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Viking School | Other Independent School | Requires improvement | 1.44 KM |
| Beacon Primary Academy | Academy Sponsor Led | Good | 1.68 KM |
| Skegness Academy | Academy Sponsor Led | Requires improvement | 1.73 KM |
| Skegness Grammar School | Academy Converter | Good | 2.07 KM |
| Skegness Infant Academy | Academy Converter | Good | 2.32 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Maxwell Road | £ 59,500 | 0 | 0.00 KM |
| Rowland Way | £ 0 | 0 | 0.00 KM |
| Clarke Way | £ 200,000 | 0 | 0.00 KM |
| Mowbray Close | £ 0 | 0 | 0.00 KM |
| The Meadows | £ 149,950 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Skegness | 6265 | SKG | 2.20 KM |
| Havenhouse | 6260 | HVN | 5.99 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Way, Skegness, Lincolnshire, PE25 | £ 43,750 | BUY | 5 / 10 | 0.00 KM |
| Way, Skegness, Lincolnshire, PE25 | £ 61,250 | BUY | Unknown | 0.00 KM |
| Maxwell Road, Skegness, Lincolnshire, PE25 | £ 51,250 | BUY | 6 / 10 | 0.05 KM |
| Maxwell Road, Skegness, Lincolnshire, PE25 | £ 75,250 | BUY | Unknown | 0.05 KM |
| Maxwell Road, Skegness, Lincolnshire, PE25 | £ 75,250 | BUY | Unknown | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 16 The Meadows | £ 113,000 | 0.38 KM |
| 12 The Meadows | £ 99,000 | 0.38 KM |
| 10 The Meadows | £ 120,000 | 0.38 KM |
| 6 The Meadows | £ 38,000 | 0.38 KM |
| 10 Harvest Way | £ 47,500 | 0.43 KM |