Sold STC Detached

2 THE NEEDLES

SKEGNESS, LINCOLNSHIRE PE25 1EQ

3 beds 1 baths 700 sq ft Listed 11 Apr 2025 (-425d)

£250,000

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Property photo

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Property details

Tenure

FREEHOLD

Floor area

65 m²

Council tax band

C

EPC rating

C

Year built

England and Wales: 1983-1990

Last sold

£242,500 Sep 2025

Price per m²

£3,846/m²

Local average

£261,650 (-4.5%)

Street crime

122 incidents within 1 mile (Apr 2026)

Key features

  • Immaculate Throughout
  • Driveway and Garage
  • Large Conservatory
  • Three Bedrooms
  • Low Maintenance Garden
  • Gas Central Heating

Additional details

Heating
Gas central
Parking
Yes
Garden
Yes
Listed property
No

Description

Immaculate, detached bungalow in a lovely quiet cul-de-sac location on the popular Beacon Park. As there are bungalows all around the garden is private and not overlooked and laid in an attractive low maintenance style. Within 1/2 a mile of pubs, shops, post office, doctors and bus stop around the corner. The accommodation comprises; pleasant hallway, modern bathroom, two double bedrooms plus a single bedroom, lounge, modern kitchen and large conservatory off with gas central heating and uPVC double glazing. Block paved driveway and frontage provides off road parking for several cars plus single garage with electric roller door. Must be viewed!
EPC rating: C. Tenure: Freehold,

Listed by

Skegness

The Property Franchise Group

Reference: 160550498

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 14/04/2025

Current heating cost: £583/year

Potential heating cost: £499/year

Est. upgrade cost to C: £14,500

Recommendations

  • Floor insulation (solid floor) (£4,000 - £6,000)
  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

Floorplan

EPC Graphs

EPC Graph

EPC Graph

Price history

45% since 2015

Event Date Price % change
Sold 26/09/2025 (8 months ago) £242,500 +44.8%
Sold 31/07/2015 (10 years ago) £167,500 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
79 BEACON PARK DRIVE, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1HE £242,000 12/12/2025 Detached
42 ST MARGARETS AVENUE, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 2LX £201,000 28/11/2025 Detached
6 DAVOS WAY, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1EL £194,000 27/11/2025 Detached
4 BEACON WAY, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1HJ £150,000 29/01/2025 Detached
7 YARBOROUGH ROAD, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 2NX £204,000 01/09/2023 Detached
Same street 4A THE NEEDLES, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1EQ £122,000 28/02/2023 Terraced
5 THE HURST, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1HP £185,000 24/02/2023 Detached
60 BEACON WAY, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1HJ £225,000 09/12/2022 Detached
6 ST VALENTINES WAY, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 2NG £245,000 05/12/2022 Detached
5 ST MARGARETS AVENUE, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 2LX £229,500 30/09/2022 Detached
36 PORTLAND DRIVE, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1HF £228,000 16/09/2022 Detached
33 FINISTERRE AVENUE, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1ET £239,950 26/08/2022 Detached
6 DOWSING WAY, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1LE £232,000 26/08/2022 Detached
9 FLAMBOROUGH CLOSE, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1HR £345,000 06/06/2022 Detached
25 FINISTERRE AVENUE, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1ET £205,000 27/05/2022 Detached
55 BEACON PARK DRIVE, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1HE £335,000 11/05/2022 Detached
1 LYNN WELL CLOSE, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1DS £220,000 13/04/2022 Detached
34 BURGH OLD ROAD, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 2LB £285,000 28/03/2022 Detached
2 HUCKLES WAY, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1GT £197,000 18/03/2022 Detached
1 YARBOROUGH ROAD, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 2NX £185,000 10/02/2022 Detached
5 JOHNSON CLOSE, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1TB £158,000 09/12/2021 Detached

Street average: £122,000 (1 sale)

Area average: £225,273 (20 sales)

Capital growth trend

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

5y growth 17.8%
10y growth 64.4%

House Price Index (HM Land Registry — official index, not sold-price averages): East Lindsey. Series: Detached. As of March 2026.

1y (index) 0.8%
5y (index) 18.3%
10y (index) 48.3%

Rental Range

Estimated market rent for East Lindsey. Low = conservative, Realistic = average, Optimistic = best case.

Low £618/mo
Realistic £687/mo
Optimistic £756/mo

Based on Local Authority from postcode lookup → East Lindsey.

LHA (30th percentile) floor for Wolds and Coast: £598/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View PE25 1EQ

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop The Needles 0.0 miles
Bus stop The Horn 0.1 miles
Shop Nisa Local 0.4 miles
Shop Tangles Hair Studio 0.5 miles
Hospital Skegness Hospital 1.1 miles
Train station Skegness 1.2 miles
Train station Walls Lane 1.4 miles

Street-level crime

Category Count
Violence and sexual offences 43
Anti-social behaviour 31
Shoplifting 15
Criminal damage and arson 10
Other theft 7
Burglary 5
Other crime 3
Public order 3
Robbery 3
Drugs 1
Possession of weapons 1
Total incidents 122

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Beacon Primary Academy Primary 0.5 miles Good — 30 Nov 2016
Skegness Academy Secondary 0.7 miles Requires improvement — 30 Jan 2024
Skegness Grammar School Secondary 0.9 miles Good — 19 Oct 2021
Seathorne Primary Academy Primary 0.9 miles Good — 14 Jul 2016
Skegness Junior Academy Primary 1.0 miles Good — 15 Jul 2014

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
3 Bed Semi-Detached House, Blyton Road, PE25 £975/mo 3 0.43 miles OpenRent
3 Bed Mobile Home, Southview Park, PE25 £500/mo 3 0.59 miles OpenRent
3 Bed Semi-Detached House, Hoylake Drive, PE25 £950/mo 3 0.97 miles OpenRent
3 Bed Terraced House, Queens Road, PE25 £945/mo 3 0.99 miles OpenRent

Average rent: £843/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.38%
Max investor price (0.8%) £118,500
Target investor price (1%) £94,800
Gross yield 4.6%
Cost-to-rent ratio 22×
Monthly cashflow £-156/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -2.6%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus 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).
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