Lumley Avenue, Skegness, PE25
NE

Lumley Avenue, Skegness, PE25

By Newton Fallowell

£ 225,000

Reviews

3 out of 5 stars

Newton Fallowell says ..

NO CHAIN. A refurbished 4 bedroom family house situated very close to the town centre and seafront with parking at the rear.  Many improvements have been made to include newly fitted kitchen, bathroom and shower room, new floor coverings and decoration.  Internally the accommodation ...

Property Oracle says ..

This four-bedroom semi-detached house on Lumley Avenue, Skegness, presents a compelling proposition for potential buyers. The property has clearly undergone a significant refurbishment, evident in the updated kitchen and bathrooms, new flooring, and fresh decor. The interior is presented in a bright and modern style. The location is particularly attractive, boasting proximity to Skegness town centre and the seafront, offering easy access to amenities, shops, and recreational opportunities. The presence of several well-regarded schools nearby further increases the property’s desirability for families. While the property has a small, primarily gravelled rear garden, the overall presentation is very good. The listing price appears competitive when compared to similar properties in the area, making this property a potentially strong investment. However, prospective buyers should conduct a thorough survey to verify the property’s condition and ensure all aspects meet their requirements. The lack of detailed plot size information limits comprehensive analysis of value based on price per square foot. Skegness as a location has specific market limitations, compared to other areas of the country and prospective buyers should research this aspect thoroughly.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
3
Bedrooms
4
Bathrooms
2
Sqft (est)
1,550.80

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
131,818.00 £
Decreased by 62.39 %
from 350,480.80 £
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
14.00 %
Unchanged by 0.00 %
from 14.00 %

Agent Activity

  • Newton Fallowell created the listing.

Nearby Schools

NameTypeOfstedDistance
Skegness Junior AcademyAcademy Sponsor LedGood0.56 KM
Skegness Infant AcademyAcademy ConverterGood0.59 KM
Skegness Grammar SchoolAcademy ConverterGood0.84 KM
The Richmond School, SkegnessCommunity SchoolRequires improvement0.97 KM
Skegness AcademyAcademy Sponsor LedRequires improvement1.30 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Grand Parade £ 142,50000.00 KM
Briar Close £ 000.00 KM
Beresford Close £ 130,00000.00 KM
Beresford Crescent £ 000.00 KM
Scrimshaw Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Skegness6265SKG0.73 KM
Havenhouse6260HVN8.21 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lumley Avenue, Skegness, PE25 £ 280,000BUY7 / 100.00 KM
33 Ida Road, Skegness, Lincolnshire, PE25 £ 180,000BUY5 / 100.05 KM
Ida Road, Skegness, PE25 £ 345,000BUY6 / 100.07 KM
Ida Road, Skegness £ 270,000BUY6 / 100.07 KM
Scarbrough Avenue, Skegness, PE25 £ 260,000BUY5 / 100.10 KM

Nearby Properties

AddressPriceDistance
31 Lumley Avenue £ 183,0000.00 KM
25 Lumley Avenue £ 420,0000.01 KM
38 Ida Road £ 195,0000.10 KM
39 Ida Road £ 138,0000.10 KM
41 Ida Road £ 250,0000.10 KM