3-bedroom house · PE25 2FG
For saleReduced £14.9k (−5.2%) on 26 SepListed 61 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description An 'as new' immaculately presented and maintained detached family home, positioned in a very pleasant cul de sac within the popular Lumley Fields development - within walking distance of Beacon medical practice, schools and the Quora retail park incl M&S food, Aldi + a family pub/restaurant.
The property currently boasts a west facing rear gardens and stunning westerly views over open fields.
The accommodation includes a hallway, cloakroom, lounge with bay window, spacious dining kitchen with integrated appliances, a master bedroom with en-suite shower room, two further bedrooms & bathroom.
Outside offers a driveway/off road parking + garage (with electric door) with a small, low maintenance front garden & beautifully maintained enclosed rear garden.
Viewings available now - by appointment only.
Entrance Hall: Having a double glazed composite security built in double cloaks/storage cupboard, central heating thermostat control (independent control for the ground floor), stairs lead to the first floor.
Cloakroom: Having a wall mounted hand basin with toiletry cupboard under, close coupled WC, radiator, woodgrain effect cushioned laminate flooring, extractor fan.
Lounge: 4.98m x 3.10m (16'4" x 10'2") ext to 13' in bay , Having a wall bay window area and central heating radiator.
Dining Kitchen: 4.98m x 3.45m (16'4" x 11'4") Stairs & Landing: Having access to the roof space the radiator and smoke alarm.
Bedroom One (front): 3.00m x 3.23m (9'10" x 10'7") ext to 13'6 , Having a modern vertical radiator, walking bay window area, built-in wardrobes with hanging rails and shelving.
A concealed sliding door leads through to the ensuite.
En-Suite Shower Room: 3.15m x 1.22m (10'4" x 4') , Having a double -sized tiled shower cubicle with mains mixer shower varying, hand basin set in vanity unit with toiletry cupboards under, tiled splashbacks and fitted mirror, close coupled WC, ladder style central heating radiator/towel rail, extractor fan.
Bedroom Two (rear): 3.45m x 2.79m (11'4" x 9'2") , With a radiator. Bedroom Three (rear): 3.45m x 2.08m (11'4" x 6'10") , With a radiator.
Bathroom: 2.13m x 1.93m (7' x 6'4") , Having a piece white bathroom suite comprising panelled bath set in tiled splash around with mixer shower over, hand basin set in vanity unit with toiletry cupboard under, tiled splashbacks, close coupled WC, cushioned vinyl floor covering, towel rail/radiator.
Outside: Front: The property is approached over a providing off-road parking and access to the garage.
The front garden is laid for ease of maintenance with a small area of lawn and slate chipped area ideal for plant pots and tubs. A gated side access leads to the rear.
Rear: The rear gardens have been laid with low maintenance in mind and initially are set to a large paved patio and seating area which in turn leads to a beautifully maintained garden area, well stocked with a variety of attractive plants, shrubs and bushes.
Personnel door leads to garage and side gate leads to the front.
Garage: 5.66m x 2.87m (18'7" x 9'5") , Being of brick and concrete block construction with concrete floor, electric remote-controlled up and over door, power points, lighting and rear personnel door leading to garden.
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 1, Coleby Grange Avenue, Skegness
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