We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom detached house · PE24 5EH
Sold STCListed 205 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious modern 3 Bedroom Detached Bungalow offering open plan family living situated in a cul-de-sac location of this popular market town.
The accommodation comprises Entrance Porch, Hallway, large open plan Kitchen, Dining and Living Room, 3 Bedrooms, family Bathroom, W.C and a second Porch/Conservatory.
The property provides ample parking, Garage and gardens. Viewing is essential.
EPC Rating D EPC Rating: D ACCOMMODATION Entrance is on the side elevation via a:- ENTRANCE PORCH Of pvc construction on a brick base with polycarbonate roof and inner glazed door to the:- HALLWAY With recessed spotlight to the ceiling, double doored built in cupboard with space and plumbing for washing machine and tumble dryer, further built in cupboard, access to roof space which houses the Viessmann gas central heating boiler.
OPEN PLAN KITCHEN & LIVING ROOM 5.61m x 5.49m maximum overall Kitchen & Dining Area Fitted with a modern range of base and wall units, worksurfaces with matching upstands, 2 built in ovens with 5 ring induction hob and modern extractor hood above, inset sink unit with mixer tap over, integrated dishwasher, integrated larder fridge, pvc windows to the front and side elevations, recessed spotlights to the ceiling and opening to the:- Lounge Area With feature fireplace with inset multi fuel stove, pvc window to the front elevation and sliding door leading to the hall.
BEDROOM 1 3.48m x 3.77m With pvc window to the rear elevation, radiator. BEDROOM 2 2.97m x 3.46m With pvc window to the rear elevation, radiator.
BEDROOM 3 2.06m x 3.0m With pvc window to the front elevation, radiator.
BATHROOM 1.63m x 2.55m Fitted with a panelled bath with shower and screen over, separate shower enclosure with wet wall panelling, hand basin in a vanity unit, W.C with concealed cistern, tiled walls and floor, heated towel radiator, opaque pvc window to the rear elevation.
W.C With W.C with concealed cistern, tiled walls and floor, opaque pvc window to the side elevation.
CONSERVATORY 1.5m x 3.56m Of pvc construction with polycarbonate roof, pvc door to the front elevation and pvc door to the Hallway.
OUTSIDE To the front is a lawned garden area with raised flower bed and patio seating area adjacent to the Conservatory.
A block paved drive with additional gravelled area providing additional parking leads to the:- GARAGE 2.74m x 5.69m With up and over vehicle door, side door to the garden, glazed window, light and power connected.
REAR GARDEN The rear garden is mainly lawned with concrete paths, raised flower beds and paved patio seating areas. To the rear of the garage is a timber garden shed. 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.
COUNCIL TAX Charging Authority – East Lindsey District Council Band C - 2025/26 - £1963.79 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
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 St. Peters Close, Burgh Le Marsh, PE24
Explore nearby