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39, Lumley Crescent, SKEGNESS, Lincolnshire, PE25 2TL
Marketed by:
Barnard Marcus
Sovereign House, 361 King St, London W6 9NA, UK
020 8741 9990
3 Bed Bungalow, Skegness
39, Lumley Crescent, SKEGNESS, Lincolnshire, PE25 2TL
For Sale
£130,000+
Key Features
3-bedroom bungalow
Freehold
Garden
Description
Ripe for modernisation Detached bungalow with three bedrooms Close to seafront and attractions Description Set back from the road, this detached bungalow offers plenty of scope for the incoming purchaser to renovate to today’s modern standards. In brief, the property comprises a spacious entrance hall, three bedrooms, dining lounge, breakfast kitchen, bathroom while externally are front and rear gardens and driveway parking. We understand some work may be structural and buyers are advised to rely upon their own enquiries. Lumley Crescent is a small mixed development of bungalows and semi-detached homes in the heart of Skegness. Local bus routes and town centre amenities are all within easy reach, with the seafront and its attractions approx. 0.5 miles away. Accommodation Ground Floor: Entrance hall, breakfast kitchen, dining lounge, three bedrooms, bathroom External: Front and rear gardens, driveway Broadband: Standard, superfast, and ultrafast show as available Mobile Coverage: EE, Th
Location
Property located at 39, Lumley Crescent, SKEGNESS, Lincolnshire, PE25 2TL.
Investment Analysis
Investment Snapshot
Guide Price | £130,000+ |
Tenure | Freehold |
Property Type | Residential |
EPC | Not stated |
Published Rent | Not stated |
Initial Refurbishment Allowance | £30,000–£50,000 |
Suggested Strategy | Buy-to-Let / Owner-Occupier |
Property & Refurbishment
Initial feasibility allowance: £30,000–£50,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.
Rental Analysis
No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.
GDV / Resale Analysis
No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.
Properties Sold Within Approx. 5 Miles
No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.
Investor Risks & Due Diligence
Review the full legal pack and title before bidding
Confirm all auction administration / contract charges
Verify property condition and obtain appropriate surveys
Confirm refurbishment costs with contractor quotations
Recommendation
Preferred strategy: Buy-to-Let / Owner-Occupier. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.
Strategy Rating
Buy-to-Let: ★★★★☆
BRRR: ★★★☆☆
Flip: ★★★☆☆
Auction Details :
Barnard Marcus
Auction Date :
10/09/26
Lot Number :
265
Property Location:
39, Lumley Crescent, SKEGNESS, Lincolnshire, PE25 2TL
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Jewson Skegness
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01754 763238
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