Property investment stats for Skegness, East Midlands

• The high proportion of private rented housing (93rd percentile) suggests strong ongoing demand for rental properties.
• The average rental yield of 4.9% is attractive for investors seeking income, especially given the affordability of entry prices.
• The median achieved minus asking price of £4,950 (the typical achieved discount) may give buyers some scope for negotiation.

• The unemployment rate sits in the 97th percentile, which could impact tenant reliability and long-term growth prospects.
• The population is skewed older (84th percentile for 60+), which may limit demand from younger renters or families.
• Capital growth over 1 year has changed by -0.7%, suggesting limited short-term appreciation.

Looking ahead, Skegness is likely to continue attracting investors who prioritise yield and affordability over rapid capital growth. The area’s annualised growth over three years is 1.8%, indicating slow but positive momentum in values. Liquidity appears reasonable, with properties spending a median of 90 days on the market and annual sales at 271.

Given the strong presence of single occupier households (91st percentile) and a private rented sector in the 93rd percentile, rental demand should remain steady. However, investors should be mindful of the area’s economic challenges and the relatively low proportion of families and professionals. Overall, Skegness looks set to offer stable rental returns, with modest prospects for capital appreciation in the coming year.