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See how verdicts work2-bedroom bungalow · PE24 5UW
For saleListed 93 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Oxford Family Estates are pleased to bring onto the market this 2 double bedroom bungalow, a short 5 minute walk to the beach and village centre of Chapel St Leonards.
Situated in the quiet residential area of the village this bungalow sits in a great location . With front and rear gardens, large conservatory, sheds, off road parking, garage and a separate toilet.
Entrance Porch 1.89m max x 1.82m max (6'2"max x 5'11"max) Useful entrance porch constructed from Upvc panelling and double glazed units with a poly-carbonate roof with door leading into the hallway.
Hallway 2.69m x 1.63m (8'9" x 5'4") Welcoming entrance hall with Upvc double glazed door to porch and electric storage heater. Services Cloakroom, kitchen and Lounge.
Cloakroom 1.84m max x 1.64m max (L-shaped) (6'max x 5'4"max) Useful 2nd Low level toilet with vanity sink unit and obscure Upvc double glazed window to rear elevation.
Kitchen/Diner 3.07m x 2.46m (10' x 8') Fitted with a range of wooden wall and base units with space for a free-standing cooker with extractor fitted over and tower fridge freezer.
Stainless steel sink with mixer tap under Upvc double glazed window to rear conservatory and garden. Currently laid out with a square 4 seater dining table and chairs.
Lounge 5.21m x 3.41m (17'11" x 11'2") Upvc double glazed bow window to front elevation and electric coal effect fire on wooden marble effect hearth.
Bright room with internal single glazed panels to both sets of hallways. Electric radiator and serving hatch to kitchen diner.
Rear Hallway 2.26m x 0.89m (7'4" x 2'11") Nicely separates bedrooms and bathroom from the main reception areas with airing cupboard and loft access. Loft is partially boarded and insulated.
Master Bedroom 3.59m x 2.93m (11'9" x 9'7") Good size double bedroom with fitted wardrobes, drawers and dresser unit. Electric storage heater and Upvc double glazed window to rear elevation.
Bedroom 2 3.00m x 2.71m (9'10" x 8'10") Double bedroom currently laid out as an office with 2 seater sofa. Upvc double glazed window to front elevation and electric storage heater.
Bathroom 2.23m max x 1.67m max (7'3" max x 5'5" max) Bath with electrolux electric shower and curtain above. Vanity unit sink unit and low level toilet.
High level obscure Upvc double glazed window to side elevation.
Conservatory 3.19m x 2.35m (10'5" x 7'8") Leading from the kitchen into a Upvc double glazed conservatory with poly-carbonate roof and Upvc double glazed door to rear patio area.
Garage 5.33m x 2.40m (17'5" x 7'10") Up and over door, power and lighting, and Upvc double glazed window and door to rear patio.
Outside To the front of the property is a block paved drive leading up to the garage,the lawn area has borders planted with various plants and shrubs.
With a gated access down the side of the bungalow to the rear of the property and garden which has a slabbed patio area and large shed, alongside the lawn area are more borders with a selection of plants and shrubs.
Chapel St Leonards Chapel St Leonards is a lovely sea-side village on the east coast nestled between the major resorts of Skegness and Mablethorpe.
It has a population of around 3,000 and is well known for its beautiful sandy beaches and long promenades.
During the summer months it benefits greatly from tourists creating a lovely vibrant atmosphere.
The village has a lot to offer with a wide range of shops including butchers, chemist, estate agents, co-op, spar, cafes, restaurants and pubs.
There is a village hall with a full programme of regular activities, doctors surgery, two churches and a primary school.
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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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 Buckingham Drive, Chapel St. Leonards, Skegness, PE24 5UW
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