Grosvenor Road, Skegness, PE25
BE

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 %
from 190,413.00 £
Average area rental value
633.00 £/mo
Increased by 17.44 %
from 539.00 £/mo
Est rental Yield
4.76 %
Increased by 40.00 %
from 3.40 %
Crime Rate
19.00 %
Unchanged by 0.00 %
from 19.00 %

Agent Activity

  • Beam Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Skegness Infant AcademyAcademy ConverterGood0.19 KM
Skegness Grammar SchoolAcademy ConverterGood0.22 KM
Skegness Junior AcademyAcademy Sponsor LedGood0.32 KM
Skegness AcademyAcademy Sponsor LedRequires improvement0.65 KM
The Viking SchoolOther Independent SchoolRequires improvement0.79 KM

Images

Front View Kitchen 1 Kitchen 1 Shower Room 1 W/C 1 Kitchen 2 Kitchen 2 Shower Room 2 Rear Garden W/C 2

Nearby Streets

NameAverage PriceAverage SqftDistance
Scrimshaw Court £ 000.00 KM
Talbot Road £ 000.00 KM
The Close £ 000.00 KM
Grantham Drive £ 000.00 KM
Graham Road £ 170,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Skegness6265SKG0.45 KM
Havenhouse6260HVN7.72 KM

Nearby Listings

AddressPriceTypeScoreDistance
Grosvenor Road, Skegness £ 140,000BUY6 / 100.00 KM
Grosvenor Road, Skegness, PE25 2DD £ 196,000BUY6 / 100.04 KM
Brunswick Drive, Skegness, PE25 £ 125,000BUYUnknown0.07 KM
Brunswick Drive, Skegness, PE25 £ 145,000BUY7 / 100.07 KM
Brian Avenue, Skegness £ 85,000BUY6 / 100.08 KM

Nearby Properties

AddressPriceDistance
62 Grosvenor Road £ 140,0000.00 KM
48 Grosvenor Road £ 140,0000.00 KM
38 Grosvenor Road £ 185,0000.00 KM
36 Grosvenor Road £ 72,5000.00 KM
72 Grosvenor Road £ 245,0000.02 KM