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 work2-bedroom detached house · PE24 4PF
Sold STCListed 454 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fantastic cottage located on a country lane, standing on a large plot of just over an acre!
This charming cottage offers a wonderful semi-rural retreat because although it has fantastic open field views and only one neighbour near-by.
The Market Town of Wainfleet with amenities including, train station, pubs/restaurant, take-aways, petrol station, mini supermarket, further independent shops and businesses and primary school is less than 1.5 miles away!
The best of both worlds; quiet countryside position but still having amenities nearby!
The property offers accommodation comprising; porch/boot room, dining room, sitting room, lounge, kitchen with two double bedrooms and bathroom to the first floor.
The property has oil central heating. The plot is an absolute joy, there are mature gardens plus small copse of trees and a grass paddock.
There are lots of useful sheds, covered carport, garage, brick workshop, outside wc and further brick store/boiler house. EPC rating: F.
Tenure: Freehold, Hall Entered via a wooden front door with radiator, stairs to the first floor, doors to; Sitting Room 3.19m x 3.63m (10'6" x 11'11") With UPVC window to the front aspect, beams to ceiling, UPVC window to the front aspect.
Lounge 3.54m x 3.65m (11'7" x 12'0") With UPVC window to the front aspect, radiator, coving, UPVC window to the side aspect.
Dining Room 5.29m x 2.07m (17'4" x 6'9") With UPVC window to the side aspect, radiator, electric storage heater, door to the rear porch, doorway to; Kitchen 3.02m x 3.92m (9'11" x 12'10") With three UPVC windows , radiator, fitted with range of base and wall cupboards, one and half bowl sink, space for electric cooker, space for washing machine, space for fridge freezer.
Rear Porch/Boot Room 2.85m x 1.08m (9'4" x 3'7") Of brick and UPVC construction, UPVC window to the rear aspect, UPVC door to the rear, radiator.
Landing Steps from the landing lead into each bedrooms and; Bathroom 2.07m x 2.52m (6'9" x 8'3") With UPVC window to the side aspect, low level WC, pedestal wash hand basin, bath with mains fed shower over, radiator, shaver point.
Bedroom One 3.66m x 3.11m (12'0" x 10'2") With UPVC window to the front aspect, radiator, fitted wardrobes.
Bedroom Two 3.66m x 3.05m (12'0" x 10'0") With UPVC windows to the front aspect, radiator, fitted wardrobes.
Outside Five bar gate opens to gravelled driveway which leads to the brick built garage. Attached to the garage is a boiler house housing the central heating boiler, outside WC and workshop.
To the front and side are gardens laid to lawn with established plants, shrubs and trees.
To the other side the lawn extends to a tree lined area beyond which is a small copse and orchard (apple and pear) plus various other trees including Monkey Puzzle, two greenhouses, covered car port, beyond this is a grass paddock, enclosed by stock fencing and barbed wire with the River Lymn bordering and trees.
Numerous sheds and stores across the garden for convenance and storage. Garage 3.5m x 4.23m (11'6" x 13'11") With stable door to the rear. Light and power.
Workshop 3.4m x 3.77m (11'2" x 12'4") With power, work benches, shelving and cupboards.
Boiler Room 1.88m x 2.43m (6'2" x 8'0") Housing the oil central heating boiler, power and shelving. WC Low level WC.
Services We have not tested any heating systems, fixtures, appliances or services.
Lovelle Estate Agency and our partners provide a range of services to buyers, although you are free to use an alternative provider.
If you require a solicitor to handle your purchase and/or sale, we can refer you to one of the panel solicitors we use. We may receive a fee if you use their services.
If you need help arranging finance, we can refer you to the Mortgage Advice Bureau who are in-house. We may receive a fee if you use their services.
Location Located on a country lane between the small rural village of Croft and the historic Market Town of Wainfleet, so you get a great semi-rural position but are also only 1.5 miles from the Market Place, shops and services in Wainfleet.
Directions From Skegness take the A52 south towards Boston for approximately 4 miles. Turn right onto Church Lane and then next left onto Croft Road.
At the T junction at the end turn right onto Croft Lane and the property will be found on the left hand side marked by our for sale board.
Material Information Link All information is provided without warranty. Contains HM Land Registry data © Crown copyright and database right 2021.
This data is licensed under the Open Government Licence v3.0. The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.
Material Information Data Council Tax band: C Tenure: Freehold Property type: House Property construction: Standard undefined construction Energy Performance rating: No Certificate Electricity supply: Mains electricity Solar Panels: No Other electricity sources: No Water supply: Mains water supply Sewerage: Septic Tank Heating: Oil-powered central heating is installed.
Heating features: Double glazing Broadband: ADSL copper wire Mobile coverage: O2 - Good, Vodafone - Good, Three - Good, EE - Good Parking: Driveway, Garage, and Gated Building safety issues: No Restrictions - Listed Building: No Restrictions - Conservation Area: No Restrictions - Tree Preservation Orders: None Public right of way: No Long-term area flood risk: Yes Historical flooding: No Flood defences: No Coastal erosion risk: No Planning permission issues: No Accessibility and adaptations: None Coal mining area: No Non-coal mining area: No Local Authority This property falls within the geographical area of East Lindsey District Council - .
https// Viewing By appointment with the Sole Agent Lovelle Estate Agency, telephone .
We recommend prior to making an appointment to view, prospective purchasers discuss any particular points likely to affect their interest in the property with one of our property consultants who have seen the property in order that you do not make a wasted journey.
How to make an offer If you are interested in this property then it is important that you contact us at your earliest convenience.
We will require certain pieces of personal information from you in order to provide a professional service to you and our client.
The personal information you have provided to us may be shared with our client, the seller, but it will not be shared with any other third parties without your consent other than the stated reasons detailed within our privacy policy.
More information on how we hold and process your data is available on our website and you can opt-out at any time by simply contacting us.
For any offer, you wish to make we will need to establish certain details before negotiation can take place.
This is so that our vendor can make an informed choice when negotiating and accepting your offer. You will be asked to provide formal I.D.
and address verification, as required under the new Money Laundering Legislation.
Mortgage Advice You might also have one or two questions for us, such as which solicitor to choose, or which mortgage lender has the best offers available for me.
We have a one-stop shop to satisfy all of these needs so please ask. Budgeting correctly and choosing the right mortgage for a move is vital.
For independent mortgage and insurance, advice call our mortgage advisor on to arrange an appointment.
Energy Performance Certificate A copy of the full Energy Performance Certificate for this property is available upon request unless exempt.
Advisory Notes - Please be advised if you are considering purchasing a property for Buy To Let purposes, from 1st April 2018 without an EPC rated E or above it will not be possible to issue a new tenancy, or renew an existing tenancy agreement.
Agents Notes These particulars are for guidance only.
Lovelle Estate Agency, their clients and any joint agents give notice that:- They have no authority to give or make representation/warranties regarding the property, or comment on the SERVICES, TENURE, and RIGHT OF WAY of any property.
These particulars do not form part of any contract and must not be relied upon as statements or representations of fact. All measurements/areas are approximate.
The particulars including photographs and plans are for guidance only and are not necessarily comprehensive.
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
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FAQ
About Croft Lane, Croft, PE24
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