3-bedroom detached house · PE24 5LR
For saleListed 170 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO CHAIN. A good sized 3 bedroom Detached Bungalow situated on a pleasant corner plot in the popular market town of Burgh Le Marsh.
The accommodation comprises Enclosed Porch, Hallway, 18ft Lounge, Kitchen and Dining Room, Bathroom with separate Shower. There are low maintenance gardens, concrete driveway and a detached Garage.
Viewing is recommended to appreciate the size and location.
EPC Rating (tbc) ACCOMMODATION Entrance is on the side elevation via an:- ENCLOSED PORCH With pvc door, tiled floor and an inner glazed door leading to the:- HALLWAY With radiator, access to boarded roof space with pull down ladder and light, built in airing cupboard housing the hot water cylinder and Glowworm gas central heating boiler.
LOUNGE 3.29m x 5.57m With pvc bow window to the front elevation, fireplace surround with inset coal effect gas fire, radiator.
KITCHEN 2.73m x 3.56m With base and wall units worksurfaces with tiled splashbacks, inset stainless steel sink unit with mixer tap over, space for gas cooker with extractor hood above, space and plumbing for washing machine, further appliance space, breakfast bar, pvc window and door to the rear elevation, arched opening to the:- DINING ROOM 2.38m x 2.42m With pvc window to the rear elevation, radiator.
BEDROOM 1 2.71m x 4.62m With pvc window to the front elevation, radiator. BEDROOM 2 2.71m x 2.96m With pvc window to the side elevation, radiator.
BEDROOM 3 2.1m x 3.34m With pvc window to the side elevation, radiator.
BATHROOM 2.03m x 2.42m With panelled bath with mixer tap and hand shower attachment over, pedestal hand basin, W.C, shower enclosure with Mira electric shower, part tiled walls, opaque pvc window to the side elevation.
OUTSIDE The property occupies a lovely corner position with Storeys Lane and Johnson Way.
There are gravelled garden areas to the front and side with inset trees and a gates path to the front door.
A concrete drive is accessed via Johnson Way adn provides access to the:- GARAGE 2.73m x 7.14m With electric up and over vehicle door, light and power connected, pvc personal door and window to the side elevation.
REAR GARDEN The enclosed rear garden is paved for lower maintenance. TENURE Freehold. SERVICES The property has mains gas, electricity, water and drainage connected.
Heating is via a gas central heating boiler served by radiators. The agents have not inspected or tested any of the services or service installations and purchasers should rely on their own survey.
VIEWING By prior appointment with Newton Fallowell office in Skegness and accompanied by their personnel.
COUNCIL TAX Charging Authority – East Lindsey District Council Band C - 2026/27 - £2,027.31 ANTI MONEY LAUNDERING REGULATIONS We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
There is a charge for these checks is £72 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.
We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.
AGENTS NOTES 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 Newton Fallowell 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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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
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FAQ
About Storeys Lane, Burgh Le Marsh, PE24
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