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See how verdicts work3-bedroom bungalow · LN12 2PH
SoldListed 292 daysAuction 23 Jan · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE VIA NATIONAL ONLINE AUCTION ON MONDAY 2nd FEBRUARY AT 1PM WITH AUCTIONHOUSE.CO.UK/SOUTHYORKSHIRE OPEN HOUSE VIEWING (NO NEED TO BOOK) Friday 23rd January 2026 1:00pm until 1.30pm OPEN HOUSE VIEWING: (No need to book) Wednesday 28th January 2026 @12:00pm-12:30pm For sale by auction is this vacant three-bedroom bungalow, in need of improvement.
The property compromises of a large Entrance Hall utilised as a Living Room, a Kitchen, 3 Bedrooms and a Bathroom.
Externally, there is an enclosed rear garden, and a small front garden, plus on-street parking available close to the property.
Once renovated, we expect an achievable rental income of £1,200pcm / £14,400 pa.
Located in the popular town of Mablethorpe, the property is close to a range of amenities, including shops, supermarkets, restaurants and pubs.
This property is located just a couple of minutes walk from the sea. Excellent transport connections can be found from the A52 and local bus routes.
Tenure: See Legal Pack Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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
Agent & docs
FAQ
About 20 Radio St. Peters, Sutton Road, Trusthorpe, Mablethorpe LN12 2PH
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