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 house · PE24 5NA
Listing removedReduced £5k (−2.5%) on 25 MarListed 422 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 well-appointed two bedroom semi-detached bungalow located on Dawson Drive in the popular and well serviced village of Burgh Le Marsh, close to the local facilities including primary school, supermarket, independent shops and public houses.
The property enjoys two bedrooms with master en suite, and a family bathroom, lounge, kitchen, dining room/utility, conservatory. Upvc double glazing & gas central heating are installed.
The property has a larger than average rear garden and driveway, carport and garage to the side.
Kitchen With upvc entrance door, upvc window to the front and side elevation, double radiator, wooden effect floor covering, electric fuse box, downlights, a modern fitted kitchen comprising grey gloss units with wood grain worktops, tiled splashbacks, gas hob with stainless steel extractor chimney, space for fridge freezer, space for under counter fridge, electric oven and wall mounted gas fired central heating boiler.
Inner Hall Having wooden effect floor Lounge With upvc bow window to the front elevation, radiator, wooden effect floor covering, downlights, television point, telephone point.
Bathroom Having upvc window to the side elevation, access to the roof space, wooden effect floor covering, part tiled walls, radiator, low level flush wc, vanity wash hand basin, corner bath with mains fed shower over.
Bedroom Two With radiator, upvc window to the rear elevation, downlights, coving to the ceiling.
Dining Room With upvc window to the side elevation, wooden effect floor covering, downlights, plumbing for automatic washing machine.
(currently being used as a utility room) Rear Hall With upvc entrance door, built in cupboard, radiator, downlights.
Bedroom One With downlights, wall light points, radiator, patio door to conservatory.
EnSuite With upvc window to the side elevation, wooden effect floor covering, radiator, low level wc, wash hand basin, shower enclosure with triton electric shower.
Conservatory With wooden effect flooring, polycarbonate roof.
Outside The rear of the property is larger than average being fully fenced with a shaped lawn, raised terrace area, mature trees set including pear tree, feature pond and gated access to the front.
To the side of the property is a concrete driveway with outside light, tap and electric point, carport and access to the garage.
Garage Having concrete floor, up and over door and electricity connected. Situation: Situated in the popular and well serviced small town of Burgh Le Marsh with its array of local amenities.
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, with more than 20 years of experience in the property industry and over 15 years of managing Estate Agency branches across Skegness, Louth and Grantham.
Carl offers an in-depth knowledge of the Lincolnshire property market and prides himself on being a local expert, please get in touch.
* 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 £7.50 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
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
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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 39, Dawson Drive, Skegness
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