3-bedroom bungalow · PE23 5PS
For saleListed 85 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enjoying a pleasant village location, this well presented three-bedroom semi-detached bungalow offers spacious, easy-to-maintain accommodation, ample off-road parking, a garage and an enclosed rear garden.
A fantastic opportunity for those seeking peaceful village living, with the added benefits of oil-fired central heating and double glazing throughout.
The accommodation comprises an entrance hall, a spacious lounge, fitted kitchen, three well-proportioned bedrooms and a family bathroom.
Great Steeping is an attractive rural village nestled on the edge of the Lincolnshire Wolds, offering a peaceful setting surrounded by open countryside.
The village has a strong community spirit and benefits from a primary school, village hall, parish church and playing field, while everyday amenities can be found in nearby Spilsby, just a few miles away.
The larger coastal resort of Skegness is also within easy reach, providing a wide range of shopping, leisure and entertainment facilities, as well as its award-winning sandy beaches.
The surrounding countryside offers excellent opportunities for walking, cycling and wildlife watching, making Great Steeping an ideal location for those seeking a quieter pace of life whilst remaining well connected to neighbouring towns and the Lincolnshire coast.
EPC Rating: D Accommodation Part glazed side entrance door with side screen through to the: Entrance Hall Having coved ceiling, radiator, built-in cupboard and access to half boarded roof space with shelves and light.
Lounge (5.23m x 3.31m) Having window to rear elevation, coved ceiling, radiator and built-in display shelving to one wall.
Kitchen (4.84m x 3.42m) Having window to rear elevation, part glazed door with side screen to side elevation and wood effect flooring.
Fitted with a range of base & wall units with work surfaces & splashbacks comprising: 1 1/4 bowl stainless steel sink with drainer & mixer tap inset to work surface, cupboards & space for dishwasher under, cupboards over.
Work surface return with cupboard & drawers under, cupboards over and mosaic tiled breakfast table to side.
Further work surface return with inset electric hob, cupboards & drawers under, cupboards & extractor over, tall unit to side housing integrated electric oven with cupboard & drawer under, cupboard over.
Built-in cupboard with sliding doors with space & plumbing for automatic washing machine and housing the oil fired boiler providing for both domestic hot water & heating.
Tall unit with kickboard heater and space for upright fridge/freezer to side.
Bedroom One (3.35m x 3.02m) Having window to front elevation, coved ceiling, radiator and built-in wardrobes to one wall with sliding doors.
Bedroom Two (3.03m x 2.92m) Having window to front elevation, coved ceiling and radiator.
Bedroom Three (2.55m x 2.37m) Currently used as a dining room and having window to side elevation, coved ceiling and radiator.
Bathroom (2.50m x 1.42m) Having window to side elevation, heated towel rail, tiled walls, tiled floor, panelled bath with shower fitting & anti-splash screen over, close coupled WC and hand basin on vanity unit with cupboard under.
Exterior To the front of the property there is lawned garden.
A gravelled driveway provides ample off-road parking and extends down the side of the property to the: Garage (5.45m x 2.89m) Having up-and-over door, service door to garden, light and power.
Rear Garden Being enclosed and having a paved patio area, lawned garden with established borders and central bed. There is also a 15' x 10' greenhouse and a further 12' x 8' greenhouse.
Services The property has mains electricity and water connected. Drainage is to a septic tank. Heating is via an oil fired boiler serving radiators and the property is double glazed.
The current council tax is band B. Lifetime Legal 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.
The cost of 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.
Agent's 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. Garden Enclosed rear garden
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 advisors 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 The Jays Sandy Lane, Spilsby
Explore nearby