3-bedroom detached house · PE25 3DD
Sold STCListed 219 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GREATLY REDUCED FOR A QUICK SALE NO CHAIN.
A 3 bedroom detached house located in the popular area of Seacroft close to the beach, local shops and Golf Course and being just a short drive away from the Gibraltar Point Nature Reserve.
The accommodation comprises Enclosed Porch, Entrance Hall, 21' Lounge, Dining Room, Garden Room, Breakfast Kitchen, and W.C. To the first floor are 3 double Bedrooms, a Bathroom and separate W.C.
There are front and rear gardens which are set out for lower maintenance, a concrete drive and Garage.
EPC Rating E EPC Rating: E ACCOMMODATION Entrance is on the side elevation via an:- ENCLOSED PORCH With tiled floor and inner leaded glazed door with side screens to the:- ENTRANCE HALL With radiator, stairs to first floor.
LOUNGE 3.7m x 6.68m With a lovely feature bow window to the front elevation with 6 leaded glazed panels, brick fireplace with tiled hearth and display niches, 3 radiators, built in drinks cabinet.
DINING ROOM 3.31m x 3.36m With pvc window to the side elevation, radiator, display niche with glass shelving, picture rail.
GARDEN ROOM 3.56m x 4.23m With a low brick wall, pvc windows and solid roof, pvc french doors opening to the garden, radiator.
BREAKFAST KITCHEN 4.3m x 4.73m With base and wall units, worksurfaces with tiled splashbacks, stainless steel sink unit, plumbing for washing machine, floor standing gas central heating boiler, pvc window to the rear elevation, single glazed window to the side, door to the rear garden.
W.C With W.C, hand basin, understairs storage cupboard.
FIRST FLOOR LANDING With a split level staircase and two single glazed windows to the side elevation, built in airing cupboard housing the hot water cylinder, access to roof space, built in cupboard.
BEDROOM 1 3.95m x 4.71m With a lovely feature bow window to the front elevation with 5 leaded glazed panels, further pvc window to the side elevation, 3 radiators.
BEDROOM 2 3.2m x 4.24m With single glazed windows to the side and rear elevations, radiator.
BEDROOM 3 3.37m x 3.48m With single glazed window to the side elevation, built in cupboard, radiator.
BATHROOM 1.88m x 2.86m With a panelled with electric shower over, pedestal hand basin, half tiled walls, radiator, pvc window to the front elevation.
W.C With low flush W.C, radiator, single glazed window to the side elevation.
OUTSIDE To the front is a low brick wall and a pedestrian gate opens onto paved paths leading around with shrub borders.
Double wrought iron vehicle gates open onto a paved drive in front of the:- GARAGE 2.61m x 5.33m With electric up and over vehicle door, light and power connected.
The rear garden is paved and concreted for lower maintenance with gravelled garden borders, brick outhouse and cold water tap. 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 D - 2025/26 - £2,241.48 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.
The cost of 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 Please note these are draft particulars awaiting final approval from the vendor, therefore the contents within may be subject to change and must not be relied upon as an entirely accurate description of the property.
Although these particulars are thought to be materially correct, their accuracy cannot be guaranteed and they do not form part of any contract.
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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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 Drummond Road, Skegness, PE25
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