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

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

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: ★★★☆☆