3-bedroom bungalow · PE24 4DS
Sold STCListed 523 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Pygott and Crone are delighted to market this spacious detached bungalow bungalow ideally located within a quiet located on the edge of Wainfleet Village.
Beautifully presented throughout with Immaculate stylish interior, the property boasts a generous plot, sizeable rooms and a viewing is highly recommended.
The property is located on Rumbold Lane within a quiet position and benefits from ample off road parking to the front, a single garage and large front and rear lawns.
There is also an external store/boiler room located to the rear of the property.
Internally the accommodation briefly comprises, entrance hall, spacious lounge, kitchen diner with adjacent utility room, separate w/c, three bedrooms and the family bathroom.
A viewing is highly advised and via the selling agent Pygott and Crone. Externally the property has a single garage, driveway and generous rear garden.
Entrance Hall Lounge 3.92m x 3.93m - 12'10" x 12'11" Kitchen/Dining Room 2.8m x 6.02m - 9'2" x 19'9" Utility 1.57m x 2.56m - 5'2" x 8'5" WC Bedroom 1 3.23m x 3.62m - 10'7" x 11'11" Bedroom 2 2.88m x 2.95m - 9'5" x 9'8" Bedroom 3 2.86m x 2.87m - 9'5" x 9'5" Shower Room 2.79m x 2.74m - 9'2" x 8'12" Garage 4.74m x 2.45m - 15'7" x 8'0"
Value & comps
No previous sales on record.
Returns
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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 Rumbold Lane, Wainfleet, Skegness, Lincolnshire, PE24
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