# 2 bedroom detached bungalow for sale (PE24 5YN)

## Property Details

| Key | Value |
|-----|-------|
| Address | 71 WILTON AVENUE, SKEGNESS, CHAPEL ST LEONARDS, LINCOLNSHIRE PE24 5YN |
| Price | £190,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | B |
| Last sold | £180,000 Sep 2024 |

## Description

NO CHAIN. A 2 Bedroom detached bungalow in this popular coastal village location. With Entrance Hall, Living Room, Kitchen, Bathroom, Conservatory, Garden Room and Garage for storage. Low maintenance front and rear gardens, pvc double glazing, electric heaters. EPC Rating D

EPC rating: D. Tenure: Freehold,

## Property Photos

- ![Photo](/listings/photos/136023836/428148)
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- ![Photo](/listings/photos/136023836/428157)
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- ![Photo](/listings/photos/136023836/428161)
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- ![Photo](/listings/photos/136023836/428163)
- ![Photo](/listings/photos/136023836/428164)
- ![Photo](/listings/photos/136023836/428165)
- ![Photo](/listings/photos/136023836/428166)

## Floorplans

- ![Floorplan](/listings/photos/136023836/428167) - Floorplan

## EPC Graphs

- ![EPC Graph](/listings/photos/136023836/428168) - EPC Graph

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #3315778
- **Address:** 71 Wilton Avenue, Chapel St. Leonards, PE24 5YN
- **Certificate Issued:** 06/12/2005
- **Work Completed:** 13/10/2005
- **Items:** 2 window(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 71 WILTON AVENUE, CHAPEL ST LEONARDS, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE24 5YN | £180,000 | 20/09/2024 | Detached |
| 71 WILTON AVENUE, CHAPEL ST LEONARDS, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE24 5YN | £149,950 | 07/06/2021 | 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 |
|---------|-------|------|------|
| 12 ST LEONARDS DRIVE, CHAPEL ST LEONARDS, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE24 5RP | £220,000 | 21/11/2025 | Detached |
| 19 FAIRFIELD AVENUE, CHAPEL ST LEONARDS, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE24 5SB | £240,000 | 30/06/2025 | Detached |
| THE HOLLIES WIGG LANE, CHAPEL ST LEONARDS, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE24 5RJ | £225,000 | 13/02/2025 | Detached |
| 13 FAIRBURN CLOSE, CHAPEL ST LEONARDS, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE24 5YT | £135,000 | 24/06/2024 | Detached |
| [Same street] 48 WILTON AVENUE, CHAPEL ST LEONARDS, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE24 5YN | £100,000 | 05/12/2023 | Detached |
| 8 SWALLOW CLOSE, CHAPEL ST LEONARDS, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE24 5RW | £130,000 | 16/10/2023 | Detached |
| 11 ANCASTER AVENUE, CHAPEL ST LEONARDS, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE24 5SL | £180,000 | 09/10/2023 | Detached |
| [Same street] 61 WILTON AVENUE, CHAPEL ST LEONARDS, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE24 5YN | £142,500 | 28/09/2023 | Detached |
| 20 WILTON AVENUE, CHAPEL ST LEONARDS, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE24 5SG | £205,000 | 26/09/2023 | Detached |
| 47 SEA ROAD, CHAPEL ST LEONARDS, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE24 5SA | £155,000 | 28/06/2023 | Detached |
| 7 WARWICK ROAD, CHAPEL ST LEONARDS, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE24 5UL | £225,000 | 19/04/2023 | Detached |
| 21 CONNAUGHT DRIVE, CHAPEL ST LEONARDS, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE24 5YS | £215,000 | 05/04/2023 | Detached |
| 24 WARWICK ROAD, CHAPEL ST LEONARDS, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE24 5UL | £226,000 | 20/02/2023 | Detached |
| 3 PALMA COURT, CHAPEL ST LEONARDS, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE24 5YJ | £172,000 | 01/12/2022 | Detached |
| 25 BUCKINGHAM DRIVE, CHAPEL ST LEONARDS, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE24 5UN | £166,000 | 04/11/2022 | Detached |
| 36 WILTON AVENUE, CHAPEL ST LEONARDS, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE24 5SG | £220,000 | 28/10/2022 | Detached |
| 3 BUCKINGHAM DRIVE, CHAPEL ST LEONARDS, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE24 5UN | £265,000 | 28/10/2022 | Detached |
| [Same street] 76 WILTON AVENUE, CHAPEL ST LEONARDS, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE24 5YN | £185,000 | 26/10/2022 | Detached |
| 10 WILTON AVENUE, CHAPEL ST LEONARDS, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE24 5SG | £186,000 | 26/09/2022 | Detached |
| 14 WARWICK ROAD, CHAPEL ST LEONARDS, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE24 5UL | £212,500 | 16/09/2022 | Detached |
| 26 BUCKINGHAM DRIVE, CHAPEL ST LEONARDS, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE24 5UN | £240,000 | 13/09/2022 | Detached |
| 4 BUCKINGHAM DRIVE, CHAPEL ST LEONARDS, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE24 5UN | £190,000 | 08/09/2022 | Detached |
| 8 CROWN AVENUE, CHAPEL ST LEONARDS, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE24 5SZ | £135,500 | 08/09/2022 | Detached |
| [Same street] 59 WILTON AVENUE, CHAPEL ST LEONARDS, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE24 5YN | £170,000 | 23/06/2022 | Detached |
| [Same street] 73 WILTON AVENUE, CHAPEL ST LEONARDS, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE24 5YN | £190,000 | 15/11/2021 | Detached |
| [Same street] 53 WILTON AVENUE, CHAPEL ST LEONARDS, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE24 5YN | £156,500 | 17/08/2021 | Detached |

**Street average:** £157,333 (6 sales)
**Area average:** £197,150 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £229,056 (27 Detached, PE24, 2024–2026)
- **Deviation:** -17.1%

## Rental Range

*ONS Price Index of Private Rents (East Lindsey). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £618/mo
- **Realistic:** £687/mo
- **Optimistic:** £756/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, Chapel St. Leonards, PE24 | £625/mo | 2 | 0.42 miles | OpenRent |

**Average rent: £625/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.33% (weak for cashflow)
- **Max investor price (0.8%):** £78,125
- **Target investor price (1%):** £62,500

*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 £625/mo).*

- **Gross yield:** 3.9%
- **Cost-to-rent:** 25.3×
- **Monthly cashflow:** £-211/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -4.6%

*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).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 8.6%
- **10y growth:** 52.2%

## House Price Index (HM Land Registry)

*Official index for East Lindsey; Detached series; as of March 2026.*

- **1y growth (index):** 0.8%
- **5y growth (index):** 18.3%
- **10y growth (index):** 48.3%

## 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)