Compact, low-maintenance investment close to town and seafront.
• Detached two-bedroom bungalow, easy single-storey living
• Compact footprint ~614 sq ft; small plot and rooms
• Previously rented continuously for c.20 years — strong rental history
• Chain-free and legally prepped for a quick sale
• Low-maintenance paved front courtyard and small lawned side garden
• Electric storage heaters and electric radiators — higher running costs
• Glazing installed before 2002; would benefit from cosmetic updating
• Area has high crime and very deprived indicators — affects tenant mix
Tucked at the end of a quiet cul-de-sac and a short walk from Skegness town centre and seafront, this detached two-bedroom bungalow has a strong rental pedigree and clear investment potential. The property has been continuously let for around 20 years and is offered chain-free, with some legal work already completed to allow a quicker sale.
Internally the layout is straightforward: entrance hallway, lounge with patio doors to the side garden, kitchen, two bedrooms and bathroom. The bungalow is compact (approximately 614 sq ft) and has modern uPVC double glazing and electric radiators/storage heaters. Externally there is a low-maintenance paved front courtyard, a small lawned side garden, patio seating area and two garden sheds. There is shared communal parking and the possibility to rent a nearby garage separately subject to availability.
The property is ready to move into but would benefit from cosmetic upgrading and modernisation to maximise rental or resale value. Important facts for buyers: heating is electric (storage heaters), glazing was installed before 2002, and the area scores high for crime and deprivation, which affects tenant profiles and rental yields. Flood risk is low and broadband and mobile signal are both good.
This will suit a buy-to-let investor seeking a hands-off, easily managed asset close to local amenities and the beach, or a buyer looking for a compact, single-storey home to update. Be aware of the small plot and modest internal space when comparing market alternatives.