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 individually "letable" bedsits together with two communal kitchens (ground and first floor) and two shower rooms and separate w/cs. There is an enclosed rear garden. and a courtyard to the front of the property. Benef...

Property Oracle says ..

This property located on Grosvenor Road, Skegness, is a six-bedroom house presented as an HMO investment opportunity. Its proximity to schools and the train station is a significant advantage. The property is reasonably priced relative to other comparable houses in the street, though precise price-per-square foot analysis is not possible without knowing the exact square footage. The internal photos show that the property is habitable but requires some modernisation and renovation. The kitchens and bathrooms appear dated and require updates, and some internal repair/maintenance might be necessary to improve the overall presentation. The small rear garden is a modest bonus. Overall, this property presents an opportunity for an investor looking for a renovation project with potential for rental income. However, potential buyers should be prepared for some refurbishment costs. The lack of precise square footage data is a drawback which makes a more precise valuation difficult.

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
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 Room One Room One Bathroom One Kitchen One Kitchen One W/C One Kitchen Two Bathroom Two W/C Two Garden

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
48 Grosvenor Road £ 140,0000.00 KM
62 Grosvenor Road £ 140,0000.00 KM
38 Grosvenor Road £ 185,0000.00 KM
36 Grosvenor Road £ 72,5000.00 KM
70 Grosvenor Road £ 80,0000.02 KM