# 2 bedroom detached bungalow for sale (PE25 2DT) ## Property Details | Key | Value | |-----|-------| | Address | 2A, ST CLEMENTS ROAD, SKEGNESS, LINCOLNSHIRE PE25 2DT | | Price | £147,000 | | Bedrooms | 2 | | 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 NO CHAIN. CLOSE TO TOWN. WATCH THE WORLD GO BY. A very tidy detached bungalow with 2 generous Double Bedrooms and a lovely open dual aspect view from the front Lounge/Diner. The smart new Shower Room is un-used and the Kitchen leads to a sunny south facing Conservatory that connects to the 21' Garage/Workshop with Utility area. With pvc double glazing and fascias, gas central heating, cavity wall insulation. WELL WORTH VIEWING. EPC Rating D ## Property Photos - ![Photo](/listings/photos/91776491/1645355) - ![Kitchen 1](/listings/photos/91776491/1645363) - Kitchen 1 - ![Shower Room](/listings/photos/91776491/1645369) - Shower Room - ![Kitchen 2](/listings/photos/91776491/1645376) - Kitchen 2 - ![Lounge 1](/listings/photos/91776491/1645378) - Lounge 1 - ![Lounge 2](/listings/photos/91776491/1645379) - Lounge 2 - ![Lounge 3](/listings/photos/91776491/1645380) - Lounge 3 - ![Conservatory 1](/listings/photos/91776491/1645381) - Conservatory 1 - ![Conservatory 2](/listings/photos/91776491/1645382) - Conservatory 2 - ![Bedroom 1](/listings/photos/91776491/1645383) - Bedroom 1 - ![Bedroom 2](/listings/photos/91776491/1645384) - Bedroom 2 - ![Shower Room 2](/listings/photos/91776491/1645385) - Shower Room 2 - ![Drive and Garage](/listings/photos/91776491/1645386) - Drive and Garage - ![Front View](/listings/photos/91776491/1645387) - Front View ## Floorplans - ![Floorplan 1](/listings/photos/91776491/1645388) - Floorplan 1 ## EPC Graphs - ![EPC](/listings/photos/91776491/1645389) - EPC ## 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:** -43.9% ## 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 | 0.52 miles | OpenRent | | 2 Bed Penthouse, Drummond Road, PE25 | £650/mo | 2 | 0.94 miles | OpenRent | **Average rent: £673/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.46% (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:** 5.5% - **Cost-to-rent:** 18.2× - **Monthly cashflow:** £2/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 0.1% *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:** £2,774/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 38.9% - **10y growth:** 32% ## 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)