Drummond Road, Skegness, PE25
By Newton Fallowell
£ 87,950
Reviews
2 out of 5 stars
Newton Fallowell says ..
NO CHAIN. An opportunity to purchase a ground floor flat conveniently located for the town centre and beach used by the current vendor as an Airbnb but also suited for investment or first time buyers. This improved flat has a spacious Lounge, Bedroom, nicely fitted Kitchen and Show...
Property Oracle says ..
This one-bedroom flat located on Drummond Road in Skegness presents a potentially attractive option for first-time buyers, investors, or those seeking a holiday home. Its proximity to the town center and beach is a significant advantage, with easy access to local amenities and attractions. The property appears to have undergone recent renovations or improvements, as evidenced by a modern kitchen and bathroom. Although images show the interior in a clean and well-maintained state, the presence of scaffolding on the exterior suggests current or recent work that may impact the overall condition. The small enclosed rear yard offers limited external space. While the price of £87,950 might seem reasonable given its location and improvements, a full structural survey would be essential to confirm the property’s state of repair and address any potential underlying maintenance concerns. The lack of precise comparable property data complicates a robust per-square-foot price comparison. Overall, the property presents a good opportunity, but prospective buyers should carefully consider the potential for necessary repairs or further maintenance.
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
- 6
- Location
- 7
- Land
- 2
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 515.90
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
- 43,851.50 £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
- 19.00 %Unchanged by 0.00 %
Agent Activity
Newton Fallowell created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Richmond School, Skegness | Community School | Requires improvement | 0.96 KM |
| Skegness Junior Academy | Academy Sponsor Led | Good | 1.16 KM |
| Skegness Infant Academy | Academy Converter | Good | 1.16 KM |
| Skegness Grammar School | Academy Converter | Good | 1.39 KM |
| Skegness Academy | Academy Sponsor Led | Requires improvement | 1.84 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Beresford Close | £ 130,000 | 0 | 0.00 KM |
| Grand Parade | £ 142,500 | 0 | 0.00 KM |
| Beresford Crescent | £ 0 | 0 | 0.00 KM |
| Briar Close | £ 0 | 0 | 0.00 KM |
| Vine Walk | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Skegness | 6265 | SKG | 0.99 KM |
| Havenhouse | 6260 | HVN | 8.22 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Drummond Road, Skegness, PE25 | £ 87,950 | BUY | 5 / 10 | 0.00 KM |
| South Parade, Skegness, PE25 | £ 122,490 | BUY | 5 / 10 | 0.06 KM |
| South Parade, Skegness | £ 320,000 | BUY | 6 / 10 | 0.06 KM |
| South Parade, Skegness, PE25 | £ 365,000 | BUY | 4 / 10 | 0.07 KM |
| South Parade, Skegness, PE25 | £ 98,500 | BUY | 6 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 3 Drummond Road | £ 63,000 | 0.03 KM |
| 14a South Parade | £ 135,000 | 0.06 KM |
| 6 Willoughton Road | £ 147,000 | 0.20 KM |
| 23 Willoughton Road | £ 42,000 | 0.20 KM |
| 21 Willoughton Road | £ 110,000 | 0.20 KM |