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Three-bedroom guest house

Skegness, PE25 - Get Access

3 bed 1 bath

Description

A freehold guest house located along Scarborough Avenue, Skegness, offered with vacant possession upon completion. The property benefits from planning consent for change of use, alterations and extensions to existing guest house to provide 8 no. self-contained holiday units including the erection of an outbuilding. Some works have begun on part of the property, but the owners are still operating two rooms on Air B&B. More information is available on the East Lindsey District Council Planning Portal under reference S/153/01063/24. The property is situated in a sought-after residential area close to the Skegness seafront, offering convenient access to the beach, promenade, town centre amenities, and Skegness railway station. This location provides a balance of seaside living and convenience, suitable for families, retirees, holidaymakers, and investors. The property is being sold as freehold with vacant possession. All sales are subject to Common Auction Conditions and Bidder Terms. Additional costs and fees will apply, with a 10% deposit (minimum £5,000) and a Buyer's Fee of 1.8% (minimum £4,000 inc. VAT) payable upon exchange of contracts. Buyers must consult the Legal Pack before bidding. The property has a guide price of £175,000 plus additional costs and fees. The auction will be a live-streamed event on 29th July 2026.
Comparable sales
12, Scarbrough Avenue, PE25 2SY 0.0 mi
House • Semi-Detached 8 rooms EPC D (2025)
1,647 sq ft
£245,000
1 year ago
35, Lumley Crescent, PE25 2TL 0.0 mi
Bungalow • Detached 4 rooms EPC D (2024)
926 sq ft
£210,000
1 year ago
12, Ida Road, PE25 2AR 0.0 mi
House • Semi-Detached 9 rooms EPC C (2023)
1,496 sq ft
£265,000
1 year ago
Estimated market value
£
Range: £ — £
High confidence Floor Area: 2,756 sq ft (EPC)

The property is a 3-bedroom semi-detached house with potential for conversion into holiday units. The valuation is based on its current condition, potential for development, and its location in a sought-after residential area close to Skegness seafront. Given the lack of direct comparable sales for this specific property type and its unique development potential, the valuation considers the general market for similar properties and the potential uplift from the approved planning consent. The valuation floor area of 2756 sq ft has been used for analysis.

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