Summary - 7, Cross Street PE25 3RH
3 bed 1 bath Terraced
Affordable three‑bed fixer with generous garden and good transport links.
Guide price £40,000+; sold at auction with vacant possession
Offered for sale by public auction with vacant possession, this three-bedroom mid-terrace requires a full programme of refurbishment. The property is freehold, built c.1930–1949, and benefits from double glazing, mains gas heating and an EPC rating of C. It sits on a large plot with a rear garden and outbuilding, giving scope for improvement or extension (subject to planning).
The house is being sold as a renovation project and has visible builder’s waste and unfinished works to the rear extension. The neighbourhood shows higher-than-average crime and very deprived area metrics; that context, plus the property’s small overall internal size (approximately 786 sq ft), affects resale and rental values. There are no internal viewings and purchasers should inspect the legal pack before bidding.
Transport and local services are practical assets: Skegness rail station, shops, bus links and good mobile and broadband connectivity are close by. Nearby primary and secondary schools include several rated Good by Ofsted. Suited to experienced investors or builders seeking a low guide-price entry into a renovation in a transitional rental area, the lot will appeal to buyers prepared to manage refurbishment and local-market risk.
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