# 2 bedroom detached bungalow for sale (PE25 2DT) ## Property Details | Key | Value | |-----|-------| | Address | 2A, ST CLEMENTS ROAD, SKEGNESS, LINCOLNSHIRE PE25 2DT | | Price | £180,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | B | | Construction age | England and Wales: 1983-1990 | | Floor area | 53 m² | | Last sold | £141,000 Oct 2020 | ## EPC Rating & Upgrade Cost - **Current rating:** D - **Potential rating:** C - **Expiry date:** 24/06/2036 - **Current heating cost:** £681/year - **Est. upgrade cost to C:** £16,500 ### Recommendations - W2 (£5,000 - £10,000) - U (£8,000 - £10,000) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2453-3063-5206-7086-8200) ## Description A 2 bedroom detached bungalow close to the town centre situated on a corner plot with drive and Garage. The accommodation comprises Entrance Hall, dual aspect Lounge, Sun Room, modern Kitchen and Shower Room and two double Bedrooms. There are gardens to two sides with a driveway providing off street parking and a 21’ Garage with Utility area. EPC Rating D EPC Rating: D ## Property Photos - ![Photo](/listings/photos/90184032/1645354) - ![Photo](/listings/photos/90184032/1645356) - ![Photo](/listings/photos/90184032/1645357) - ![Photo](/listings/photos/90184032/1645358) - ![Photo](/listings/photos/90184032/1645359) - ![Photo](/listings/photos/90184032/1645360) - ![Photo](/listings/photos/90184032/1645361) - ![Photo](/listings/photos/90184032/1645362) - ![Photo](/listings/photos/90184032/1645364) - ![Photo](/listings/photos/90184032/1645365) - ![Photo](/listings/photos/90184032/1645366) - ![Photo](/listings/photos/90184032/1645367) - ![Photo](/listings/photos/90184032/1645368) - ![Photo](/listings/photos/90184032/1645370) - ![Photo](/listings/photos/90184032/1645371) - ![Photo](/listings/photos/90184032/1645372) - ![Photo](/listings/photos/90184032/1645373) - ![Photo](/listings/photos/90184032/1645374) ## Floorplans - ![All](/listings/photos/90184032/1645375) - All ## EPC Graphs - ![EPC 1](/listings/photos/90184032/1645377) - EPC 1 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 2A ST CLEMENTS ROAD, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 2DT | £141,000 | 14/10/2020 | Detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 190 LINCOLN ROAD, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 2JG | £179,950 | 21/12/2022 | Detached | | 20 PHILIP GROVE, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 2JH | £280,000 | 02/11/2022 | Detached | | 138 CHURCH ROAD NORTH, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 2QJ | £160,000 | 11/02/2022 | Detached | | 90 GROSVENOR ROAD, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 2DG | £147,000 | 11/02/2022 | Detached | | 79 QUEENS ROAD, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 2HP | £189,995 | 01/12/2021 | Detached | | 12 CLIFFORD ROAD, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 2DS | £140,000 | 11/11/2021 | Detached | | 99A LINCOLN ROAD, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 2DR | £180,000 | 29/09/2021 | Detached | | 134 LINCOLN ROAD, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 2DN | £390,000 | 28/09/2021 | Detached | | 5 SWABY CRESCENT, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 2HG | £165,000 | 16/08/2021 | Detached | **Area average:** £203,549 (9 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £261,931 (31 Detached, PE25, 2024–2026) - **Deviation:** -31.3% ## Rental Range *ONS Price Index of Private Rents (East Lindsey). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £626/mo - **Realistic:** £695/mo - **Optimistic:** £765/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Wolds and Coast (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £494/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 2 Bed Flat, Lumley Avenue, PE25 | £695/mo | 2 | 0.53 miles | OpenRent | | 2 Bed Penthouse, Drummond Road, PE25 | £650/mo | 2 | 0.98 miles | OpenRent | **Average rent: £673/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.37% (weak for cashflow) - **Max investor price (0.8%):** £84,125 - **Target investor price (1%):** £67,300 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £673/mo).* - **Gross yield:** 4.5% - **Cost-to-rent:** 22.3× - **Monthly cashflow:** £-128/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -2.9% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Price per Square Metre - **£/m²:** £3,396/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 33.5% - **10y growth:** 35.9% ## House Price Index (HM Land Registry) *Official index for East Lindsey; Detached series; as of April 2026.* - **1y growth (index):** 2.7% - **5y growth (index):** 16.8% - **10y growth (index):** 43.7% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)