3-bedroom bungalow · PE24 4PA
For saleReduced £5k (−1.5%) on 21 JunListed 837 days
Opportunity summary
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About
Detailed Description A beautifully presented spacious detached bungalow positioned in a pleasant country lane in the small Lincolnshire village of Croft, less than a mile from shops and amenities in Wainfleet All Saints.
The home offers an entrance lobby, hallway, large lounge diner, conservatory, long family kitchen with appliances and utility room plus three good sized bedrooms and modern bathroom.
Outside, the overall plot extends to just under 1/4 acre with a sweeping in & out driveway and established front gardens with enclosed, lawned back gardens, flower beds and views to the rear.
Additional Benefits include oil central heating & uPVC double glazing with a garage and ample parking for numerous cars. Viewings are now available - by appointment only.
Entrance Lobby: Having a UPVC double glazed entrance door, radiator, wood flooring and ceiling light point.
Reception Hall: Having a radiator, wood flooring, built-in linen/storage cupboard and three ceiling light points.
Cloakroom: With a wash hand basin with tiled splashbacks set in vanity unit with toiletry cupboards under, close coupled wc, wood flooring, ceiling light point.
Kitchen: 5.18m x 2.79m (17' x 9'2") , Having a 1 1/2 bowl sink and drainer sink unit set in work surfaces extending to provide a range of fitted base cupboards and drawers under together with additional range of base cupboards and drawers with matching wall mounted storage cupboards over, integrated stainless steel oven and grill with cupboards above and below, integrated fridge/freezer with matching door front, inset four ring ceramic hob with extractor hood over, space and plumbing for dishwasher, laminate flooring, radiator and ceiling light points.
Connecting door to lounge and door to utility room.
Utility Room: 2.79m x 1.52m (9'2" x 5') , Having space and plumbing for washing machine and tumble dryer, Camray oil central heating boiler, access to roof space and ceiling light point.
Door to rear entrance lobby. Rear Entrance Lobby/Small Conservatory: Having a tiled floor and ceiling light point with UPVC double glazed rear entrance door to garden.
Lounge Diner: 7.09m x 4.27m (23'3" x 14') , Having a decorative fireplace with inset electric fire and decorative fire surround and mantle, laminate flooring, two radiators and two ceiling light points.
Conservatory: 3.68m x 3.66m (12'1" x 12') , Having a brick base and being UPVC double glazed with laminate flooring and wall light point with UPVC double glazed sliding doors to garden.
Inner Hallway: Bedroom One: 4.37m x 3.66m (14'4" x 12') , Having a range of fitted wardrobes with shelves and hanging rails, radiator and two ceiling light points.
Bedroom Two: 4.19m to rear of wardrobes x 3.43m (13'9" x 11'3") , Having a range of fitted wardrobes and cupboards with hanging rails and shelving + bedside units, radiator and ceiling light point.
Bedroom Three: 3.00m x 2.13m (9'10" x 7') , Having a radiator and ceiling light point.
Bathroom: 2.97m x 2.08m (9'9" x 6'10") , Being fully tiled with a three-piece white suite comprising panelled bath sets in tile splash around with mixer tap and mixer shower over with shower screen, hand basin set in vanity unit with toiletry cupboard under, close coupled WC, chrome ladder style towel rail, tiled floor and inset ceiling spotlights.
Outside: Front: Having the property is approached over a return stroke in and out driveway which sweeps around the front of the property to provide ample off-road parking for numerous vehicles and access to the garage.
The circular shaped front garden is mainly laid to lawn with shaped flower and shrub beds stocked with a variety of established plants and shrubs and bushes.
Gated access either side of the property leads to the sides and rear.
Rear: To one side of the property is a paved courtyard style storage area with the opposite side being laid to a small lawn garden with patio and garden shed.
The garden path leads around either side to the rear.
The expansive rear garden is initially laid to a paved footpath/seating area with an open fronted summer house (with electric & light point and which can be closed up in winter) to one side and being predominantly lawned with shaped flower beds and borders stocked with various plants and shrubs bushes and trees with views beyond the garden over open fields.
Garage: 6.10m x 2.44m (20' x 8') , Of concrete sectional construction with concrete floor, up and over door, power points, light and side personnel door.
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
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FAQ
About Grainsby Lodge, Croft Lane, Skegness
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