2-bedroom bungalow · PE25 1TS
Listing removedReduced £10k (−4.8%) on 18 AugListed 108 days
Opportunity summary
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About
Summary A well-presented semi-detached two bedroom bungalow in a sought-after area of Skegness.
Offering a spacious lounge, fitted kitchen, generous driveway with electric gates, private rear garden, substantial workshop with conversion potential. Viewing is highly recommended.
Description Situated in a desirable residential location on the outskirts of Skegness, this well-maintained semi-detached two bedroom bungalow offers spacious accommodation, ample off-road parking, stunning field views and an impressive detached workshop.
The property welcomes you through a spacious entrance hall leading to a bright and comfortable lounge/diner featuring an electric fireplace, creating a warm and inviting living space.
The fitted kitchen provides a range of wall and base units with integrated appliances and ample workspace, whilst the conservatory enjoys pleasant views over the rear garden and surrounding countryside, offering an ideal place to relax throughout the year.
There are two well-proportioned bedrooms, with the principal bedroom benefiting from fitted wardrobes, alongside a modern shower room fitted with a large walk-in shower.
Externally, the property is set behind electric gated access leading to a substantial driveway providing parking for several vehicles.
The enclosed rear garden is designed for ease of maintenance with patio, planters and decorative gravel.
A standout feature is the large detached workshop, complete with power, lighting and a double entrance.
Subject to any necessary permissions, this versatile building offers excellent potential for conversion into a games room, home office, hobby room, gym or additional entertaining space.
Located within easy reach of Skegness town. Entrance A spacious and welcoming entrance hall with loft access, radiator and useful built-in storage cupboard, providing access to all principal rooms.
Lounge/Dining Room 11' x 10' ( 3.35m x 3.05m ) A bright and comfortable reception room featuring dual aspect windows allowing plenty of natural light, electric fireplace, radiator and ample space for lounge furniture.
Kitchen 15' x 6' ( 4.57m x 1.83m ) A well-appointed fitted kitchen comprising a range of cream wall and base units with contrasting worktops, integrated gas hob, electric oven, space for further appliances, sink unit with mixer tap and window overlooking the rear aspect.
Finished with attractive tiled flooring. Conservatory 14' x 8' ( 4.27m x 2.44m ) A lovely additional reception room enjoying views across the rear garden and open fields beyond.
Double doors lead directly onto the patio, making this an excellent space for relaxing or entertaining.
Bedroom One 13' x 10' ( 3.96m x 3.05m ) A spacious double bedroom with window to the front aspect, fitted wardrobes, radiator and attractive décor providing excellent storage.
Bedroom Two 12' x 8' ( 3.66m x 2.44m ) A well-proportioned second bedroom with rear aspect window enjoying countryside views, radiator and space for bedroom furniture.
Shower Room Modern shower room fitted with a large walk-in shower enclosure with sliding doors, vanity wash hand basin with storage, low-level WC, heated towel radiator and contemporary wall finishes.
External Front The property is accessed via electric gates opening onto a generous driveway providing off-road parking for several vehicles, together with access to the workshop.
External Rear A private, low maintenance rear garden laid with decorative gravel, patio seating areas, mature planting and attractive field views, offering a peaceful outdoor setting.
Workshop 19' x 17' ( 5.79m x 5.18m ) A substantial detached workshop complete with power, lighting, windows and double entrance doors.
This versatile space is ideal for storage, hobbies or, subject to the relevant permissions, could be converted into a games room, home office, gym or additional entertaining space. 1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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.
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FAQ
About 3, David Drive, Skegness
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