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See how verdicts work2-bedroom semi-detached house · PE24 4RY
For saleReduced £5k (−2.9%) on 26 OctListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A generously sized semi-detached house situated on a substantial plot in the Countryside location of Croft.
Located near the coastal town of Skegness and within easy reach of the amenities of Burgh-le-Marsh. This property would be ideal for any buyer looking for a small project to update/modernise a home.
Benefitting from open views, double glazing and ample off road parking.
Front Of Property - With boundaries of mature hedging, predominately laid to grass, concrete path leads to the side and rear and gravel driveway.
Entrance Hallway - Accessed via external metal framed double glazed door and leading to the lounge and stairs to first floor.
Lounge - 5.79m x 3.66m (max) (19' x 12' (max)) - With carpeted flooring, dual aspect windows to the front of the property, electric storage heater and wooden surround open fire place.
Kitchen - 4.88m x 2.59m (16' x 8'6") - With a range of base and wall units, ceramic hob, fitted electric oven, resin 1.5 sink and drainer with mixer taps, electric storage heater, vinyl flooring and window to the rear of the property.
Pantry/Store - With plumbing and drainage, shelving and vinyl flooring.
Landing - 3.56m x 2.01m (max) (11'08" x 6'07" (max)) - Gallery landing with carpeted flooring, electric storage heater, access to the loft and window to the rear of the property.
Bedroom One - 3.66m x 3.63m (max) (12' x 11'11" (max)) - With exposed wooden floorboards, fitted timber wardrobes, electric storage heater and window to the front of the property.
Bedroom Two - 3.66m x 2.62m (12' x 8'7" ) - With carpeted flooring and window to the rear of the property.
Bathroom - 3.68m x 1.98m (max) (12'01" x 6'6" (max)) - With sink, WC, bath with electric shower over, vinyl flooring, part tiled walls, airing cupboard housing immersion controls, wall mounted electric fan heater and window to the front of the property.
Rear Garden - With mature trees and hedging, mainly laid to grass extending to a small paddock area bordered with timber and stock fencing.
Additional Comments - The agent has been informed that the land to the rear of the garden is currently on a separate title deed.
Energy Performance Certificate - The property has an energy rating of 'E'.
The full report is available from the agents or by visiting Reference Number: 8600-8497-0222-0201-3573 Services - We understand that mains electricity and water are connected to the property and drainage is to a private system.
Local Authority - Council Tax Band 'B' payable to Local Authority: East Lindsey District Council, The Hub, Mareham Road, Horncastle, Lincs, LN9 6PH. Tel: .
Tenure & Possesion - The property is Freehold with vacant possession upon completion. Viewing - Viewing is strictly by appointment with the Skegness office at the address shown below.
What 3 Words - ///scripted.pleasing.probing
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs

FAQ
About Pinchbeck Lane, Croft, Skegness
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