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5, Well Vale Drive, SKEGNESS, Lincolnshire, PE24 5SE

Marketed by:

Barnard Marcus

Barnard Marcus

Sovereign House, 361 King St, London W6 9NA, UK

020 8741 9990

For Sale

3 Bed Bungalow, Skegness

5, Well Vale Drive, SKEGNESS, Lincolnshire, PE24 5SE

For Sale

£140,000+

Key Features


  • 3-bedroom bungalow

  • Offered with vacant possession

  • Freehold

  • EPC rating F

  • Garage

Description


Three bedroom detached bungalow Vacant possession Close to amenities Description Located in the sought-after village of Chapel St Leonards, this three-bedroom detached bungalow offers comfortable and versatile accommodation, making it an excellent choice for families, retirees, or anyone seeking the convenience of single-storey living. The accommodation comprises an entrance leading through to a spacious lounge, kitchen offering ample storage and workspace, while the three bedrooms provide flexibility for family living, guests, or a home office. Completing the accommodation is a wet room and an additional WC. Situated on the popular Well Vale Drive, the property is conveniently located within easy reach of Chapel St Leonards’ excellent range of local amenities, making everyday living both practical and enjoyable. With its fantastic location and generous accommodation. Offered for sale with vacant possession. It is our understanding that the Property is not registered at the Land Regist


Location


Property located at 5, Well Vale Drive, SKEGNESS, Lincolnshire, PE24 5SE.


Investment Analysis


Investment Snapshot


Guide Price

£140,000+



Tenure

Freehold



Property Type

Residential, Vacant



EPC

F



Published Rent

Not stated



Initial Refurbishment Allowance

£5,000–£10,000



Suggested Strategy

Buy-to-Let / Owner-Occupier




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


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 : 

258

Tradelend Limited
Tradelend Limited

Bridging Finance, Development Finance

0203 886 2530

Tiger Financial
Tiger Financial

Bridging Finance, Development Finance

020 7965 7261

Tuscan Capital
Tuscan Capital

Bridging Finance

020 7846 9030

UK Bridging Loans Ltd
UK Bridging Loans Ltd

Bridging Finance

0116 366 6338

Ultimate Finance
Ultimate Finance

Bridging Finance

0800 121 7757

Property Location:

5, Well Vale Drive, SKEGNESS, Lincolnshire, PE24 5SE

  • BRRR Calculator - Estimate your potential returns after refurbishment and refinancing.

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