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5, Well Vale Drive, SKEGNESS, Lincolnshire, PE24 5SE
3 Bed Bungalow, Skegness
5, Well Vale Drive, SKEGNESS, Lincolnshire, PE24 5SE
For Sale
£140,000+
Marketed by:
Barnard Marcus
Sovereign House, 361 King St, London W6 9NA, UK
020 8741 9990
Auction Details :
Barnard Marcus
Auction Date :
10/09/26
Lot Number :
258
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: ★★★☆☆
Property Location:
5, Well Vale Drive, SKEGNESS, Lincolnshire, PE24 5SE
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