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See how verdicts work3-bedroom bungalow · PE23 5TQ
For saleListed 572 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A beautifully presented, spacious detached bungalow is delightfully positioned on the edge of the village of Welton Le Marsh, close to the well served village of Burgh Le Marsh and a short drive to Skegness.
The property comprises of lounge, kitchen/diner, three bedrooms and shower room. The outside of the property provides driveway offering ample off road parking.
The front garden is low maintenance being mainly laid to lawn. The rear garden is mainly laid to lawn with concrete paved patio seating area.
Additional benefits include uPVC double glazing and oil central heating. With viewings available now - by appointment only. Entrance Porch: Having uPVC entrance door and door into hallway.
Hallway: Having access to roof space, built in storage cupboard, radiator and two ceiling points.
Lounge: 3.96m x 4.70m (13' x 15'5") , Having multi fuel burner set in fire surround, internet point, radiator and ceiling light point.
Kitchen: 3.35m x 3.66m (10'12" x 12'0") , Having one and a half bowl single drainer sink unit with mixer tap over set in work surfaces extending to provide a range of base fitted storage cupboards and drawers under together with matching range of wall mounted storage cupboards over, integrated four ring electric hob with extractor fan over, integrated oven, integrated dishwasher, integrated fridge/freezer, radiator, ceiling light point and uPVC double glazed door to rear garden.
Bedroom One: 3.49m x 3.95m (11'5" x 12'12") , Having floor to ceiling fitted wardrobes with mirrored doors, electric radiator and ceiling light point.
Bedroom Two: 3.36m x 2.73m (11'0" x 8'11") , Having electric radiator, ceiling light point and entrance door to the side porch. Side Porch: Having uPVC door and space and plumbing for washing machine.
Bedroom Three: 2.40m x 1.84m (7'10" x 6'0") , Having electric radiator and ceiling light point.
Bathroom: 2.37m x 1.66m (7'9" x 5'5") , Being a three piece suite comprising off corner shower with 'Redring' electric shower therein set in tile surround, hand wash basin set in toiletry cupboard under, concealed cistern wc, heated towel rail, shaving point and ceiling light point.
Outside: Front: The property is approached over a concrete driveway offering ample off road parking for multiple cars leading to single garage.
The front garden is mainly laid to lawn for ease of maintenance.
Rear: The rear garden is mainly laid to lawn with garden path and concrete patio seating area, flower border having a range of various flowers and shrubs therein garden shed and oil tank.
Garage: Being brick built with concrete floor having up and over door, personnel side door, oil boiler, electric and fluorescent strip light.
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
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FAQ
About Wolds Edge, Hanby Lane, Spilsby
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