2-bedroom bungalow · PE24 5EH
Listing removedReduced £15k (−7.7%) on 21 JunListed 234 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
HomeMove Estate Agents by Carl Smith are delighted to offer for sale this spacious semi-detached bungalow located within a cul de sac in the popular small town of Burgh Le Marsh.
This well-presented bungalow is now a highly energy efficient property with the addition of solar panels (owned), an air source heat pump and triple glazed windows keeping the running costs minimal.
In addition, the property has been fitted with an air conditioning unit for the lounge & main bedroom.
The home has been modernised by the current sellers and offers a modern kitchen and shower room and offers two double bedrooms along with a spacious lounge.
Externally the property has a substantial driveway providing off road parking for several vehicles in addition to the garage and a manageable rear garden mainly laid to lawn.
Viewings are available now and are strictly by appointment with the selling agent.
dining kitchen With composite entrance door, triple glazed window to the front elevation, radiator, downlights, plumbing for an automatic washing machine and automatic dishwasher, a modern white gloss fitted kitchen comprising base cupboards, drawers and eye level units with a granite effect work top, electric cooker point (cooker available by separate negotiation) with splashback and extractor above, circular sink with swan neck mixer tap, integrated fridge freezer, electric consumer unit and access to the roof space which has been boarded.
Hallway With built in double cupboard lounge With triple glazed double opening window to the front elevation, downlights, radiator, air conditioning unit.
Bedroom 1 With triple glazed window to the rear elevation, air conditioning unit, radiator, downlights, coving to the ceiling.
Bedroom 2 With French Doors to the rear elevation, coving to the ceiling, downlights and radiator.
Shower room With a tiled effect floor and walls, triple glazed window to the side elevation, modern white bathroom suite comprising dual flush wc, vanity wash hand basin, extractor, coving to the ceiling, quadrant shower enclosure with mains fed shower.
outside To the front is a lawned garden, concrete driveway providing off road parking and giving access via private gates to the rear and the garage.
To the rear is an enclosed garden with fencing and wall to the boundary, gravel area with pergola over and a shaped lawn with raised bed and outside electric points.
Garage 18’05 x 9’00 With electricity connected, upvc double glazed window, concrete floor, pedestrian door.
Situation: Situated close to the small town centre with its many amenities including supermarket, doctors surgery, school, shops, cafes & public houses. General Information: Tenure: freehold.
Local Authority: East Lindsey District Council. The agency website indicates Tax band: B.
Energy Rating: D Carl Smith, HomeMove Lincolnshire: Carl joined the HomeMove team in 2021, bringing over 20 years of experience in the property industry and more than 15 years of managing estate agency branches across Skegness, Louth, and Grantham.
With his comprehensive understanding of the Lincolnshire property market, Carl is proud to be considered a local expert.
In 2025, HomeMove Lincolnshire was proudly recognised as the estas Winner for ‘Best Agent in the PE25’ postcode. Feel free to reach out to Carl for professional property advice and support.
* When you make an offer on a property, we are required by law to carry out id and Financial verification checks.
As part of this we will need to see documents including Proof of id, Address and Financial Statements and we will carry out a ‘SmartSearch’ chargeable at £15 per buyer.
HomeMove Estate Agents may be paid a referral fee for introducing clients to their preferred EPC, Conveyancing, Survey and Mortgage service providers.
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 4, St. Peters Close, Skegness
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