2-bedroom bungalow · PE25 1LS
For saleListed 7 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented detached bungalow positioned in a cul de sac in the very popular 'Beacon Park' area of Skegness on the edge of town, whilst still being within walking distance of the town centre or even easier access via the local 'in town' buses.
The location is also ideal for a pleasant walk to the Quora retail park with a M&S food store, Aldi, Pet food and family pub.
The property comprises of kitchen, lounge/diner, two bedrooms and a bathroom.
The outside of the property offers long driveway providing ample off road parking for several vehicles plus a single garage.
The front and rear gardens are laid to chip slate for ease of maintenance and being ideal for flower pots and tubs. Additional benefits include gas central heating and uPVC double glazing.
With viewings available now - by appointment only Entrance Hall: Having UPVC double-glazed entrance door, radiator, ceiling light point, access to roof space, and built-in storage cupboard housing hot water immersion tank.
Kitchen: 3.56m x 3.05m (11'8" x 10') , Having one and a half bowl single drainer sink unit with mixer tap over set in work surfaces extending to provide a range of base fitted cupboards and drawers under with a matching range of wall mounted storage cupboards over, tile splash backs to work surfaces, 3/4 height larder cupboard, 4-ring hob with stainless steel extract canopy over, insert oven, space and plumbing for washing machine, space for fridge freezer, gas boiler, radiator and ceiling light point.
Lounge/Diner: 3.56m x 6.76m (11'8" x 22'2") , Having a decorative fireplace, television point, two radiators, two ceiling light points and two wall mounted light points.
Bedroom One: 2.72m x 3.38m (8'11" x 11'1") , Having a radiator and a ceiling light point. Bedroom Two: 2.64m x 3.10m (8'8" x 10'2") , Having a radiator and a ceiling light point.
Bathroom: 1.65m x 1.93m (5'5" x 6'4") , Having panel bath with mixer tap over, set in tile surround with mixer shower therein and shower screen, hand wash basin set in toiletry cupboard, close-coupled WC, heated towel rail and inset ceiling light points.
Outside: Front: The property is approached over a long driveway having ample parking for several vehicles.
The front garden is mainly laid to chip slate, with a decorative circle slab being ideal for flower pots and tubs.
Rear: The rear garden is mainly laid to chip slate for ease of maintenance, being ideal for flower pots and tubs, with a concrete slab garden path around.
Garage: 2.64m x 4.93m (8'8" x 16'2") , Being brick-built with a concrete floor, having a light and electric therein, with space for a tumble dryer, roller door and UPVC side personnel door.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Jenkins Close, Skegness, PE25
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