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For saleReduced 8 Jul 2026
£470,000

Park Avenue, Skegness, PE25 1BL

7bedrooms
5bathrooms
Detachedtype
Freeholdtenure

Listed 6 Jun 2023 · price reduced 8 Jul 2026 · Skegness

How the price compares

This home£470,000
Median 7 bed in PE25£345k5 homes listed
Difference+36%above the area median

Key features

  • Prime location - this prestigious property offers an excellent investment opportunity
  • Main building = a THREE bedroom MAISONETTE and THREE x 1 bedroom APARTMENTS
  • Separate DETACHED cottage style BUNGALOW with its own block paved driveway
  • Electric heating to the main building - gas central heating to the cottage. Double glazing throughout
  • Low maintenance surrounding gardens + parking
  • The buildings have been maintained to a high standard inside and out & meet all current guidelines and regulations
  • Great location - a few steps from the sea front & beach as well as North Shore golf course
  • Also within walking distance of the town centre, shops, restaurants and many other amenities
  • A 'ready to go' investment with no chain to worry about
  • Viewings now available - by appointment only

About this home

**NOW AT A GREAT NEW PRICE** A large, superbly positioned versatile property offering an excellent investment opportunity. It consists of a main block containing THREE 1 bedroom apartments + a 3 bedroom MAISONETTE and a separate adjacent DETACHED COTTAGE with its own courtyard. Each flat/apartment is independent and has its own heating & services and all are double glazed. Outside there are low maintenance, stone chipped gardens/parking as well as a block paved driveway/off road parking for the cottage. The property has overall been improved, upgraded and very well maintained throughout - meeting all current regulations. All the properties are currently occupied on assured shorthold tenancies making this an exceptional investment, with the potential/added options for holiday let/AirBnB (subject to relevant planning) . The location is ideal - a few steps from the sea front & beach as well as North Shore golf course & hotel, with the town centre, shops, amenities and amusements only around 25 mins walk away. The current gross yield equates to approx 8%.

Detached Cottage/Bungalow: , Consists of: Lounge/Kitchen Double Bedroom Bathroom Outside, private courtyard & driveway Gas central heating & uPVC double glazing

Main Building: , Consists of:- 2 ground floor apartments - with Kitchen/Lounge Bedroom Bath/shower room

1 First Floor apartment - with Kitchen Lounge Bedroom Bath/shower room

1 spacious maisonette arranged over the first & second floor :- with Kitchen/Dining/Lounge Cloakroom/wc & 1 Bedroom all on the first floor with 2 further bedrooms on the second floor

All apartments have electric heating & double glazing

Outside: , The property is surrounded by low maintenance slate chipped gardens with space for off road parking. There is also a block paved driveway/off road parking in front of the cottage.

Property details

Property type
Detached
Tenure
Freehold
Parking
Yes
Garden
Yes

Location

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  • Skegness Station0.8 mi
  • Havenhouse Station3.9 mi
  • Wainfleet Station5.5 mi

What nearby homes sold for

Median sold prices in PE25 over the last 12 months: detached £245k · semi-detached £177k · terraced £155k · flat £98k.

AddressTypeSoldPrice
36 Park Avenue
Skegness PE25 2TF
Flat
Leasehold
1 May 2026£110,000
65 Park Avenue
Skegness PE25 1BL
Detached
Freehold
7 Apr 2026£71,500
8 Park Avenue
Skegness PE25 2TF
Semi-detached
Freehold
8 Oct 2025£255,000
20 Park Avenue
Skegness PE25 2TF
Semi-detached
Freehold
15 Sept 2025£200,000
67 Park Avenue
Skegness PE25 1BL
Detached
Freehold
16 Jun 2025£330,000
10 Park Avenue
Skegness PE25 2TF
Semi-detached
Freehold
12 Dec 2024£173,000
Flat 15, The Towers, Park Avenue
Skegness PE25 1BL
Flat
Leasehold
3 Oct 2024£68,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in PE25

Buying costs

Monthly repayment£2,351£47,000 deposit · £423,000 loan
Stamp Duty£13,500England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Beam Estate Agents, Skegness on Rightmove (original listing). First listed 6 Jun 2023; details checked 7 Nov 2026. Latest change: reduced on 08/07/2026.

Agent disclaimer

Disclaimer - Property reference BEAME2_003279. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Beam Estate Agents, Skegness. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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