Flat 3, 63 Park Avenue, Skegness, PE25 1BL

UPRN:10002124756Flat/MaisonetteBeds -Built 1950-1966

Tenure: -Council Tax: -EPC: D (59)

Data freshness:Listing· freshPlanning· 4mo agoOwnership· freshEPC· 6mo agoRisk· 5mo agoConnectivity· 1mo agoSchools· 1mo agoAmenities· 2mo agoArea· Census 2021

Flat 3, 63 Park Avenue, Skegness, PE25 1BL

HP Score

/ 100

Mixed

Verdict

2 days ago

Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Mixed signals - investigate

Evidence

17 of 21 sources

Sale Estimate

£93,000

£74k - £111kLow

Estimate

£93k

Range

£74k – £111k

Rent Estimate (pcm)

£350

£300 - £400

Monthly

£350

Yield

0.89%

Verdict

Derived from HomePortfolio scores

Flat 3 earns an INVESTIGATE rating with HP Score 56/100. Investment score 59/100 reflects moderate fundamentals. Crime intensity is elevated. Walkability is good (81/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.

Key SourcesEPC RegisterPortal listingsMarket estimates (third-party AVM)Defra strategic noise mapping, England Round 4 (Contains Defra data © Crown copyright and database right 2023-2024, Open Government Licence v3.0)Walk ScoreONS Census 2021Police.ukHM Land Registry company ownershipHM Land Registry covenantsHM Land Registry leasesHM Land Registry Price PaidPlanIt / council planning portalsOverture Maps PlacesOfsted / DfE GIAS

HP Score

56/ 100

Mixed

Investment Score

59/ 100

Moderate

Crime Score

86/ 100

Elevated

Walkability

81/ 100

High

Transit & Bike

Transit 25Bike 59

Walk Score, out of 100

Opportunity

Not scored as an opportunity

We will not put a number on this one.

listing is a house but the valuation basis is the whole flat at this UPRN - value evidence is not comparable

Withholding a score is deliberate. A number built on missing or stale inputs would look more certain than the evidence allows.

Economics

What happens to your money

Your assumptions

Purchase price£470,000

At the asking price

Monthly rent£350/mo

Evidenced range £300-£400

Interest rate5.4%

Loan to value75%

Cash required: £155,800
Net cash flow: -£1,344/mo
Cash on cash: -10.4%
Score at this price: -

After a 8% void allowance, 15% management and 10% maintenance. Lender coverage (rent ÷ interest): 0.22 - below the usual 1.25 test. These are your assumptions, not evidence: only the pre-filled rent and price come from the record.

Risks

What could kill this deal

Score confidence is low
largely a single source - treat the number as a prompt, not a conclusion

Property risk deep-dive →flood, subsidence, crime, environment - the full domain

Plan

Before you offer

1. Commission a full structural survey, not a basic condition report.
The score prices market evidence, not the fabric of the building.

Every step above was generated from a specific gap or flag in the evidence - no generic advice, no invented tasks.

Valuation & Market

Sale Estimate£93,000

Rent Estimate (pcm)£350

Gross Yield0.89%

1y Growth+385.3%

3y Growth+0.8%

5y Growth+1.6%

10y Growth+3.3%

Last Sold Price-

View Market Details

Risk Overview

Flood RiskUnknown
SubsidenceModerate
RadonLow
MiningUnknown
LandslideLow
Air QualityLow
NoiseLow

View Full Risk Report

Planning Activity

Recent Apps

0PE25 1BL

Approval Rate

-12mo

Development

low

01601/26/LDC
Section 191 application to determine the lawful use of the application site as a house of multiple occupancy.
Pending
01427/26/ADV
Consent to Display - 1no. internally illuminated fascia sign.
Pending
01420/26/FUL
Planning Permission - Change of use and alterations to fish and chip takeaway/restaurant to form barber shop and takeaway, with first floor residential flat above.
Pending

View Planning Timeline

Ownership

Corporate Ownership66.8%
Overseas OwnershipNo
Lease Term Remaining-
CovenantsRestrictive
Lease Type-
Last Ownership Change-
SourceLand Registry

View Ownership Details

Connectivity

Broadband (-)

Mobile 4G/5G Coverage

EV Charger

PTAL Rating

View Connectivity Map

Area Profile

Median EarningsLocal authority£26,705

Population Density3,471 /km²

Owner Occupied40%

Age Distribution

0-15 16%16-64 61%65+ 23%

View Area Profile

Schools Nearby

Skegness Junior Academy
0.2 mi
Area grades2025
Inspected after Ofsted withdrew the single overall grade.
Skegness Infant Academy
0.3 mi
Inspected as Skegness Infant School (URN 120475) on 29 Sep 2009
Skegness Grammar School
0.3 mi
Report card2026
Ofsted no longer awards a single overall grade.
Skegness Academy
0.5 mi
Requires improvement

2 of 14 nearby schools with published figures were oversubscribed in 2026 - demand, not a catchment.

View All Schools

Comparables

View All

65 Park Avenue
-
£72k
-
67 Park Avenue
-
£330k
-
The Towers Park Avenue
-
£68k
-
The Towers Park Avenue
-
£88k
-

Boundary data not available for this property

No registered title polygon, building footprint, or street match for this property yet.

Why: No HMLR INSPIRE / OSM footprint / OS Open USRN match for this UPRN

Source: HM Land Registry INSPIRE / OpenStreetMap / OS Open USRN