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 work3-bedroom bungalow · PE23 5EL
Under offerListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This large detached bungalow features highly versatile and flexible accommodation, perfectly suited to a variety of lifestyles, multi-generational living, or those seeking single-storey living without compromising on space.
At the heart of the home is a beautifully appointed modern kitchen, designed with contemporary fixtures and fittings.
The bungalow is equipped with gas central heating throughout, ensuring comfort across all rooms.
Outside, the impressive 0.24-acre plot (sts) provides extensive outdoor space, offering privacy and excellent potential for further landscaping or extension (subject to necessary planning consents).
No onward chain. EPC rating D. Property additional info Front Entrance Porch: With uPVC double glazed entrance door and windows.
Entrance Hall: With double glazed front door, radiator, thermostat and access to roof space.
Lounge Diner: 3.63 x 3.71 metres With radiator, double glazed patio doors opening to sun lounge, uPVC double glazed windows and further patio doors opening to paved garden patio.
12'2" x 6'2" (3.73m x 2.89m) maximum & Breakfast Kitchen: 2.99 x 5.25 metres With modern fitted kitchen comprising of gloss fronted wall and base cupboards and drawers, marble effect worktops, tiled splash backs, PVC sink having mini sink and drainer board (hot water for the sink tap is provided by an electric heater rather than from the mains hot water system) uPVC double glazed windows, radiator, integrated electric hob and extractor hood over, integrated oven and grill, integrated dishwasher, tiled floor and uPVC double glazed door.
Bedroom 3: 2.52 x 2.57 metres With radiator, uPVC double glazed window and Worcester gas fired central heating Combi boiler Sun Lounge: 2.81 x 3.64 metres With hardwood double glazed windows and patio door, radiator.
Bathroom: 1.51 x 3.67 metres With white suite comprising of panel bath with shower tap, close coupled toilet and wash basin cupboard unit, tiled shower cubicle housing electric shower, part tiled walls, tiled floor, extractor fan, radiator and uPVC double glazed window Bedroom 1: 3.59 x 3.71 metres With uPVC double glazed window windows, radiator.
Bedroom 2: 3 x 3.71 metres With radiator and uPVC double glazed window.
Utility Room: 2.46 x 3.99 metres With polycarbonate roof, plumbing for washing machine, fitted cupboard and worktop unit, uPVC double glazed doors to front and rear elevations, WC off and pedestrian access door to garage Outside: The spacious plot includes a sectional garage (4.29 m x 5.48 ), gravel driveway providing example of street parking, gardens to all sides of the property having sand stone patio area, glass greenhouse and timber shed, spacious lawns, flower and shrub beds and external cold water tap.
Services: Property is understood to have mains water, electricity, gas, and drainage. Gas central heating. Tenure: The property is understood the freehold.
Council Tax Band: Property is currently in Council Tax Band Broadband: We understand from the Ofcom website that standard broadband is available at this property with a standard download speed of 17Mbps and an upload speed of 1Mbps.
Superfast broadband is available with a download speed of 80Mbps and upload speed of 20Mbps. Openreach is the available network.
Mobile: We understand from the Ofcom website there is 78% coverage from EE, 73% from 02, 76% from Vodaphone and 74% from Three.
Mandatory Buyer Anti-Money Laundering Check: Should a purchaser(s) have an offer accepted on a property marketed by John Taylors, they will need to undertake an identification check and asked to provide information on the source and proof of funds.
This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together to verify your information.
The cost of these checks is £45 inc VAT per person, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
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
Agent & docs

FAQ
About 51a Woodlands Avenue Spilsby PE23 5EL
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