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See how verdicts work2-bedroom bungalow · LN12 2GF
For saleReduced £5k (−5.3%) on 20 MayListed 210 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Choice Properties are pleased to present for sale this two bedroom terrace bungalow, situated a stones throw from Sutton on Sea's 'Blue Flag' award winning beach.
Offering a well maintained interior accommodation, as well as privately enclosed gardens to the rear, early viewing is advised with the property being further offered with no onward chain.
Kitchen - 1.37m x 2.08m (4'06" x 6'10") - Front door from the communal entry leading into the kitchen; fitted with a range of wall and base units with worktop over, one bowl resin sink with drainer and mixer tap, four ring hob, integrated electric oven, partly tiled walls and an open plan design with the: Reception Room - 3.68m x 3.07m (12'01" x 10'01") - Light and airy reception room fitted with a TV aerial, inset spot lighting and sliding patio doors to the garden.
Doors to: Bedroom 1 - 2.03m x 2.87m (6'08" x 9'05") - Double bedroom with a fitted single wardrobe and loft access. Bedroom 2 - 2.03m x 2.16m (6'08" x 7'01") - With loft access.
Shower Room - 1.63m x 1.96m (5'04" x 6'05") - Fitted with a three piece suite comprising a shower cubicle with electric shower over, pedestal hand wash basin with single hot and cold taps and WC with dual flush button, 'Dimplex' wall heater, inset spot lighting and tiled splashbacks.
Garden - To the rear of the property you will find a privately enclosed garden laid mostly to lawn with timber fencing to the boundaries.
The rear garden additionally benefits from a useful timber shed and a gate to the rear for rear access to and from the garden. Tenure - Leasehold.
The property features the remainder of a 99-year lease which was issued in the year 2000. Ground rent and service charge are combined and is £1,311.84 annually.
Viewing Arrangements - Viewing by Appointment through Choice Properties, 34 High St, Sutton on Sea, Lincolnshire, LN12 2HB. Tel . Opening Hours - Opening hours - Mon-Fri 9am-5pm, Saturday 9am-3pm.
Making An Offer - If you are interested in making an offer on this property please have a chat with us and we will be happy to start the negotiations for you.
Under money laundering regulations we will ask you to provide us with formal photographic ID by way of either a passport or driving licence together with a current utility bill.
If you are travelling from afar we would advise bringing this documentation with you just in case this home is perfect for you.
We would also like to make you aware that we will require details of your estate agents, proof of funds should you be a cash buyer and solicitors details, as this helps us to start the transaction quickly for you.
Council Tax Band - Local Authority - East Lindsey District Council, The Hub, Mareham Road, Horncastle, Lincolnshire, LN9 6PH Tel. No.
Website: Council Tax Band - According to the Valuation Office Agency Website the property is currently in Council Tax Band A.
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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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.
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FAQ
About Bohemia Way, Sutton On Sea
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