Lumley Avenue, Skegness, PE25
NE

Lumley Avenue, Skegness, PE25

By Newton Fallowell

£ 159,950

Reviews

2 out of 5 stars

Newton Fallowell says ..

NO CHAIN.  IN NEED OF IMPROVEMENT.  A 3 Bedroom Semi Detached House situated in a popular area very convenient for the town centre and beach.  The accommodation comprises Entrance Hall, Lounge, Dining Room, Kitchen, Utility, ground floor W.C and Shower Room.  To the first f...

Property Oracle says ..

This three-bedroom semi-detached house in Skegness, Lincolnshire, presents a mixed opportunity. Located on Lumley Avenue, it benefits from a relatively central position, close to Skegness’ town centre and beach, and within easy reach of several schools rated ‘Good’ by Ofsted. The train station is also conveniently close by. However, the property is in considerable need of renovation and modernisation. Images reveal significant cosmetic issues, including damp, damaged walls, and outdated fixtures and fittings. A potential buyer should be prepared for extensive work. The garden, while present, is of average size. The property’s price of £159,950 seems competitive for the area, provided the buyer factors in the cost of comprehensive refurbishment. Overall, this property is suitable for someone looking for a project, who’s comfortable undertaking a significant renovation, and values the property’s location in a popular seaside town.

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
4
Location
7
Land
5
Bedrooms
3
Bathrooms
2
Sqft (est)
1,169.20

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 £
Est sale value
220,978.80 £
Increased by 155.41 %
from 86,520.80 £
Average area rental value
633.00 £/mo
Increased by 17.44 %
from 539.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
4.76 %
Increased by 40.00 %
from 3.40 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Newton Fallowell created the listing.

Nearby Schools

NameTypeOfstedDistance
Skegness Junior AcademyAcademy Sponsor LedGood0.56 KM
Skegness Infant AcademyAcademy ConverterGood0.65 KM
Skegness Grammar SchoolAcademy ConverterGood0.90 KM
The Richmond School, SkegnessCommunity SchoolRequires improvement1.24 KM
Skegness AcademyAcademy Sponsor LedRequires improvement1.33 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Grand Parade £ 142,50000.00 KM
Briar Close £ 000.00 KM
Beresford Close £ 130,00000.00 KM
Talbot Road £ 000.00 KM
Scrimshaw Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Skegness6265SKG0.96 KM
Havenhouse6260HVN8.44 KM

Nearby Listings

AddressPriceTypeScoreDistance
Castleton Crescent, Skegness, PE25 £ 215,000BUY6 / 100.10 KM
Castleton Crescent, Skegness, PE25 £ 199,950BUY5 / 100.10 KM
Park Avenue, Skegness, PE25 £ 255,000BUYUnknown0.14 KM
Park Avenue, Skegness, PE25 £ 220,000BUY6 / 100.14 KM
Park Avenue,Skegness,Lincolnshire,PE25 2TF £ 120,000BUY5 / 100.14 KM

Nearby Properties

AddressPriceDistance
44 Lumley Avenue £ 265,0000.00 KM
48 Lumley Avenue £ 188,0000.00 KM
62 Lumley Avenue £ 155,0000.00 KM
60 Lumley Avenue £ 137,0000.00 KM
75c Lumley Avenue £ 82,0000.00 KM