Auction

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Auction

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2 bed house for sale Church Lane, Skegness, PE24

Guide Price

£171,000

Reduced two days ago

For sale by auction

Type: Bungalow
Bedrooms: 2
Bathrooms: 1
Size: £113 per sq ft
Tenure: Freehold

Council tax Band C £2,023 a year

Key features

For Sale By Modern Auction
Subject to Reserve Price
Buyers fees apply
Fantastic Renovation Project
No Onward Chain
4 Bedrooms and planned garage
Good Sized Plot

About this property

For Sale By Modern Method of Auction - T & Cs Apply

Detached Two-Bedroom Bungalow with Planning Permission for Four Bedrooms – Large Plot & Huge Potential

A fantastic opportunity to acquire a detached bungalow with substantial potential, offered for sale via iamsold Modern Method of Auction. Occupying a large plot, this detached bungalow presents an exciting opportunity for investors, developers or families looking to create their ideal home.

Floorplan

Council tax

Band C £2,023 a year

Per year

Band A

£1,517
Band B

£1,770
Band C

This home: £2,023
Band D

£2,276
Band E

£2,782
Band F

£3,287
Band G

£3,793
Band H

£4,552

This home is in band C, which costs £2,023 a year in East Lindsey for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across East Lindsey, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Price guide

This home

£113 / sq ft

Area average (sold)

£234 / sq ft

Price per area, sold homes nearby

£146 / sq ft

£113 / sq ft

£313 / sq ft

Lowest

This home

Highest

£113 per sq ft, below almost all recent sales in PE24 (£146–£313, 10th–90th percentile, 242 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 242 homes sold in PE24 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in PE24 →

Location

Church Lane, Skegness, PE24

Open map Street View

Mortgage and stamp duty

Property price £171,000

£85k £257k

Deposit10% £17,000

£0 £171k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £154,000 mortgage. Most lenders would want a household income of about £35,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Vicarage, Church Lane Detached	Detached	Jul 2024	n/a	n/a	n/a	£400,000
2, Church Lane Detached	Detached	Oct 2021	807 sq ft £180/sq ft	807 sq ft	£180	£145,000
Highgrove, Church Lane Detached	Detached	Jun 2021	n/a	n/a	n/a	£355,000
4, Church Lane Detached	Detached	Dec 2020	667 sq ft £262/sq ft	667 sq ft	£262	£175,000
Genazana, Church Lane Detached	Detached	Feb 2020	n/a	n/a	n/a	£215,000
2, Church Lane Detached	Detached	Apr 2019	807 sq ft £186/sq ft	807 sq ft	£186	£150,000
20, Church Lane Detached	Detached	Nov 2016	1,227 sq ft £118/sq ft	1,227 sq ft	£118	£145,000
Church View, Church Lane Detached	Detached	Apr 2011	n/a	n/a	n/a	£240,000