2-bedroom bungalow · PE25 2HY
Listing removedListed 418 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 detached bungalow located on Perth Close in the popular coastal resort of Skegness.
The property which is for sale with no upper chain enjoys two bedrooms, with lounge, kitchen and a family bathroom. Upvc double glazing & gas central heating are installed.
The property has a larger than average plot with driveway and garage to the side. Some modernisation works are required which has been factored into the sale price.
Entrance Porch Having upvc entrance door, tiled floor. Hallway Having timber and glazed entrance door, cupboard housing the hot water cylinder, access to the roof space, radiator.
Kitchen With upvc window to the front elevation, gas cooker point, plumbing for washing machine, breakfast bar, texture and coving to the ceiling, base cupboards, drawers and wall mounted units, ceramic sink, woodgrain worktops, ideal Mexico boiler, central heating controls, space for fridge freezer.
Lounge With upvc window to the front and side elevation, texture and coving to the ceiling, brick fire place with surround, coal effect gas fire, radiator.
Bathroom Having upvc window to the side elevation, radiator, part tiled walls, panelled ceiling, wash hand basin, low level wc, panel bath with electric shower above.
Bedroom One With radiator, upvc window to the side elevation, texture and coving to the ceiling. Bedroom two With upvc window to the rear elevation, radiator.
Outside The property is set on a corner plot being laid to lawn, paved pathways, concrete drive which leads to the: Garage Having concrete floor, timber vehicular and pedestrian doors.
Situation: Situated off Lincoln Road in Skegness, in a development of like styled property. General Information: Tenure: Freehold. Local Authority: East Lindsey District Council.
The agency website indicates Tax band: B. Energy Rating: E.
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 £15.00 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
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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.
Area
Agent & docs
FAQ
About 1, Perth Close, Skegness
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