South Parade, Skegness, PE25
BE

South Parade, Skegness, PE25

By Beam Estate Agents

£ 98,500

Reviews

3 out of 5 stars

Beam Estate Agents says ..

This well presented ground floor flat is ideal for first time buyers, investors or would make a great family holiday home by the sea. It is positioned on the very popular South Parade part of the sea front, very close to all the amenities and entertainments of Skegness. There are also views of th...

Property Oracle says ..

This property is a one-bedroom, one-bathroom apartment located on South Parade in Skegness, Lincolnshire. The apartment is situated in a convenient location with nearby schools (Skegness Junior Academy, Skegness Infant Academy, and Skegness Grammar School are all within a 1.5km radius) and transportation links (Skegness train station is 1.10km away). The property itself appears to be in good condition, with a modern kitchen and bathroom. While the images show a traditional style, the property seems well-maintained and doesn’t appear to require significant renovation. The lack of outdoor space is a notable factor. Considering the average price per square foot in the area (£228.00) and the list price of £98,500, the property seems reasonably priced, especially given its location and condition. However, it’s important to note that the provided data lacks information on the plot size, which could influence the overall assessment. The average house price in the area is significantly higher than the list price of this property, suggesting it may represent good value for money, particularly for a first-time buyer or investor looking for a property in a desirable coastal location.

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
8
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
588.79
Lot (est)
588.79

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
50,047.15 £
Decreased by 62.39 %
from 133,066.54 £
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
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Beam Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
The Richmond School, SkegnessCommunity SchoolRequires improvement1.04 KM
Skegness Junior AcademyAcademy Sponsor LedGood1.26 KM
Skegness Infant AcademyAcademy ConverterGood1.27 KM
Skegness Grammar SchoolAcademy ConverterGood1.50 KM
Skegness AcademyAcademy Sponsor LedRequires improvement1.95 KM

Images

front lounge lounge kitchen kitchen balcony shower room kitchen kitchen bedroom shower room front

Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Skegness6265SKG1.10 KM
Havenhouse6260HVN8.29 KM

Nearby Listings

AddressPriceTypeScoreDistance
South Parade, Skegness, PE25 £ 98,500BUY6 / 100.00 KM
South Parade, Skegness £ 320,000BUY6 / 100.05 KM
South Parade, Skegness, PE25 £ 122,490BUY5 / 100.05 KM
South Parade, Skegness, PE25 £ 365,000BUY4 / 100.10 KM
Drummond Road, Skegness, PE25 £ 87,950BUY5 / 100.11 KM

Nearby Properties

AddressPriceDistance
14a South Parade £ 135,0000.05 KM
3 Drummond Road £ 63,0000.10 KM
60 South Parade £ 150,0000.16 KM
68b South Parade £ 73,0000.17 KM
58 South Parade £ 41,2500.17 KM