Chapel Lane, Addlethorpe, Skegness
WI

Chapel Lane, Addlethorpe, Skegness

By Willsons

£ 315,000

Reviews

2 out of 5 stars

Willsons says ..

A spacious detached bungalow with 3 double bedrooms (1 ensuite) and garage situated on a large plot in this rural village location close to the coast and golf course approximately 5 miles from the popular coastal resort of Skegness. Having hall, 3 double bedrooms (1 ensuite) bathroom, dining kitc...

Property Oracle says ..

This 3-bedroom, 2-bathroom detached bungalow in Addlethorpe, Lincolnshire, is listed at £315,000. The property’s location offers a blend of rural tranquility and coastal proximity, with Skegness a short drive away offering a wider array of amenities. A nearby ‘Good’-rated school, Ingoldmells Academy, further enhances its family appeal. The bungalow appears structurally sound, but the internal finishes seem dated, and the property would likely benefit from some degree of modernisation to enhance its overall appeal and value. The garden requires some maintenance, and while a garage is present, the plot size lacks precise details. The £315,000 price tag requires more context; comparing it to similar properties reveals it’s at the higher end of the price range in the locality. To get a clearer picture of its value, precise plot size details and a comparative analysis of price per square foot with similar recently sold properties in Addlethorpe are required. Overall, the property presents a solid foundation but requires investment to reach its full potential. The potential buyer should carefully consider the level of renovation needed and weigh this against the asking price.

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
5
Location
6
Land
4
Bedrooms
3
Bathrooms
2
Sqft (est)
1,235.70

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
282,222.00 £
Decreased by 4.78 %
from 296,398.00 £
Est sale value
338,581.80 £
Increased by 0.74 %
from 336,110.40 £
Average area rental value
1,223.00 £/mo
Increased by 4.80 %
from 1,167.00 £/mo
Est letting value
1,235.70 £/mo
Unchanged by 0.00 %
from 1,235.70 £/mo
Est rental Yield
5.20 %
Increased by 10.17 %
from 4.72 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Willsons created the listing.

Nearby Schools

NameTypeOfstedDistance
Ingoldmells AcademyAcademy Sponsor LedGood1.43 KM
Chapel St Leonards Primary SchoolAcademy Sponsor Led3.52 KM
Hogsthorpe Primary AcademyAcademy ConverterGood4.13 KM
Skegness And Alford Children'S CentreChildren's Centre4.63 KM
Seathorne Primary AcademyAcademy Converter4.66 KM

Images

front.jpg rear.jpg garage interior.jpg garden.jpg garage.jpg in and out drive.jpg kitchen.jpg lounge.jpg bed 1.jpg bathroom.jpg bed 2.jpg bed 3.jpg patio.jpg side.jpg hall.jpg side drive.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Rectory Lane £ 000.00 KM
St Nicholas Close £ 295,00000.00 KM
Mill Road £ 000.00 KM
Chapel Road £ 000.00 KM
Queensway £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Skegness6265SKG6.03 KM

Nearby Listings

AddressPriceTypeScoreDistance
Chapel Lane, Addlethorpe, Skegness £ 315,000BUY5 / 100.00 KM
Chapel Lane, Addlethorpe, Skegness £ 280,000BUY6 / 100.00 KM
Chapel Lane, Addlethorpe, Skegness £ 200,000BUY6 / 100.06 KM
Orby Road, Addlethorpe, PE24 £ 195,000BUY6 / 100.13 KM
Chapel Lane, Addlethorpe, Skegness £ 270,000BUY6 / 100.24 KM

Nearby Properties

AddressPriceDistance
Country Fair £ 263,0000.24 KM
Linby Lodge £ 244,9500.24 KM
Abbey Lodge £ 247,5000.24 KM
Millstone £ 188,5000.24 KM
East View £ 66,0000.24 KM