Grosvenor Road, Skegness, PE25
By Beam Estate Agents
£ 225,000
Reviews
2 out of 5 stars
Beam Estate Agents says ..
An excellent investment opportunity. This three storey HMO offers SIX lettable rooms together with two fitted kitchens (ground and first floor) and two shower/bathrooms. There is a secure rear courtyard. It also benefits from gas central heating, uPVC double glazing. The property has full occupan...
Property Oracle says ..
This property on Grosvenor Road, Skegness, is a six-bedroom house marketed as a House of Multiple Occupation (HMO) investment opportunity. Its location in Skegness offers proximity to several schools and Skegness train station, suggesting reasonably good accessibility. However, the property’s condition appears to require some updating and modernisation. The interior images reveal dated kitchens and bathrooms, indicating potential costs for renovation or refurbishment. The exterior looks fairly standard, nothing exceptional, but it does not appear in disrepair. Further investigation into the actual size of the property (square footage) is vital to accurately assess value. While comparable properties in the area are listed for similar prices, it’s unclear whether this property offers equivalent value given its apparent need for improvement. The relatively small rear garden adds little to the property’s overall appeal but could be used as a small communal area for renters. Potential buyers should factor in potential renovation costs and conduct a thorough survey before making an offer.
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
- 6
- Bathrooms
- 2
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 %
- Average area rental value
- 633.00 £/moIncreased by 17.44 %
- Est rental Yield
- 4.76 %Increased by 40.00 %
- Crime Rate
- 19.00 %Unchanged by 0.00 %
Agent Activity
Beam Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Skegness Infant Academy | Academy Converter | Good | 0.19 KM |
| Skegness Grammar School | Academy Converter | Good | 0.22 KM |
| Skegness Junior Academy | Academy Sponsor Led | Good | 0.32 KM |
| Skegness Academy | Academy Sponsor Led | Requires improvement | 0.65 KM |
| The Viking School | Other Independent School | Requires improvement | 0.79 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Scrimshaw Court | £ 0 | 0 | 0.00 KM |
| Talbot Road | £ 0 | 0 | 0.00 KM |
| The Close | £ 0 | 0 | 0.00 KM |
| Grantham Drive | £ 0 | 0 | 0.00 KM |
| Graham Road | £ 170,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Skegness | 6265 | SKG | 0.45 KM |
| Havenhouse | 6260 | HVN | 7.72 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Grosvenor Road, Skegness | £ 140,000 | BUY | 6 / 10 | 0.00 KM |
| Grosvenor Road, Skegness, PE25 2DD | £ 196,000 | BUY | 6 / 10 | 0.04 KM |
| Brunswick Drive, Skegness, PE25 | £ 125,000 | BUY | Unknown | 0.07 KM |
| Brunswick Drive, Skegness, PE25 | £ 145,000 | BUY | 7 / 10 | 0.07 KM |
| Brian Avenue, Skegness | £ 85,000 | BUY | 6 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 62 Grosvenor Road | £ 140,000 | 0.00 KM |
| 48 Grosvenor Road | £ 140,000 | 0.00 KM |
| 38 Grosvenor Road | £ 185,000 | 0.00 KM |
| 36 Grosvenor Road | £ 72,500 | 0.00 KM |
| 72 Grosvenor Road | £ 245,000 | 0.02 KM |