41, Langton Court, SKEGNESS, Lincolnshire, PE25 2RB

Description

Vacant possession Two bedroom, mid terrace, bungalow Walking distance of the beach & the centre of Skegness Description A two bedroom, mid terrace, bungalow, offered for sale with the benefit of vacant possession. The property requires some modernisation, presenting the opportunity to increase the value. The accommodation comprises; an entrance hall, open plan living/kitchen, two bedrooms and a bathroom. Externally, there is a garden to the front & rear, whilst also having the benefit of allocated parking, with additional visitor spaces. Langton Court is located within walking distance of Skegness town centre and being conveniently positioned close to the beach, local shops, cafés, restaurants, supermarkets and public transport, this property is perfectly suited to those seeking coastal living. Offered for sale with the benefit of vacant possession. Accommodation Ground Floor: entrance hall, open plan living/kitchen, two bedrooms and a bathroom External: gardens to the front and rear o

Location

Property located at 41, Langton Court, SKEGNESS, Lincolnshire, PE25 2RB.

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £5,000–£10,000. 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

• Confirm lease length, ground rent, service charge and major works

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: ★★★☆☆