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See how verdicts work4-bedroom bungalow · PE25 1GR
For saleReduced £25k (−5.9%) on 24 JulListed 109 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 immaculate, turnkey condition bungalow which is in an exclusive cul de sac.
The sought-after residential area is situated on the edge of the town convenient for M & S Food store, Tesco Express, Aldi, The Marstons Public House along with primary, secondary schools, post office and doctors’ surgery.
Enjoying field views to the rear, gated access leads to several walking routes ideal for exercising the family pet.
In brief the accommodation comprises hallway, 17” lounge, 23” dining kitchen with conservatory style extension, utility room, four bedrooms, two ensuites, family bathroom and separate conservatory.
Gas central heating is installed (new boiler 2025,7-year warranty), upvc double glazing and facias.
In addition, the property has a self-contained annex which has been converted with planning from the double garage.
The landscaped gardens are complimented by the timber outbuilding affectionately known as “The Peaky Blinders” Accommodation Entrance is on the front elevation via an open verandah with power points and ramped entrance to: - Entrance hall With opaque double-glazed door, 2 radiators, access to roof space, built in cupboard.
Dining kitchen Beautifully fitted with a modern range of base and wall units with granite worksurfaces and grooved drainer with tiled splashbacks, inset 1 1/4 bowl sink unit with hose tap, 5 ring gas hob with stainless steel and glass hood above, pan drawers below, integrated cooker and microwave, dishwasher, integrated fridge freezer, wine chiller, tall larder cupboards, downlights, display cabinets, wall T.V point.
A tiled floor with underfloor heating leads through to a Conservatory style dining area with vaulted roof with tie bars.
The conservatory roof has tinted glass so the sun floods in with reduced glare and the windows and 'tilt and turn' doors have integral 'perfect' blinds fitted to the frames.
French doors open onto the rear garden. Lounge With 2 pvc windows and pvc double doors to the garden with wind out sun canopy over, 2 radiators, wall and ceiling lights., T.V point, telephone point.
Conservatory Of pvc construction with sliding doors to either side, Wall mounted T.V point.
Utility room With base and wall units to match the kitchen, worksurfaces with tiled splashbacks, stainless steel sink unit, concealed gas central heating boiler, spaces for washing machine and dryer, radiator, tiled floor, wide pvc door to garden.
Bedroom 1 With pvc window to the rear elevation, radiator, T.V point.
En-suite shower room With large, tiled shower enclosure with screen door, hand basin, W.C, chrome vertical towel radiator, opaque pvc window, tiled floor, extractor.
Bedroom 2 With pvc bow window to the front elevation, radiator, T.V point.
En-suite shower room With large, tiled shower enclosure with screen door, hand basin, W.C, chrome vertical towel radiator, opaque pvc window, tiled floor, extractor.
Bedroom 3 With pvc window to the front elevation, radiator, T.V point.
Bedroom 4 With radiator, pvc window to the front elevation, telephone point, built in wardrobes and being used as a Dressing Room/Office.
Bathroom Attractively fitted with a tiled corner shower enclosure, W.C, hand basin, panelled bath, tiled surround, vertical chrome towel radiator, tiled floor, opaque pvc window, extractor light, Annexe With canopy above the opaque pvc door with integral blind, 2 pvc windows to the front elevation with vertical blinds, 2 Rointe electric radiators, base cupboards and worksurfaces with tiled splashbacks, 2 ring electric hob and stainless steel chimney hood over, stainless steel sink unit and mixer tap over, tall cupboard, space for appliances, access to roof space with light and pull down ladder, downlights, wall T.V aerial point, electric fuses.
Shower room With tiled shower enclosure, W.C with concealed cistern and cupboard, hand basin in a vanity unit to match, extractor, downlights, electric radiator.
Outside The front of the property is an ample block paved parking area with timber shed.
Gated paths leading down to the rear and side gardens which include paved sitting areas and paths, cold water tap, exterior lighting, lawns with garden borders, further side access for bins etc, base for a shed.
Office / studio (Peaky Blinders) On a concrete base and of timber insulated construction with light and power, tv point, wall heater, down lighting, electric fuses, with a lovely outlook over the garden.
Tenure: Freehold.
Situation: Skegness is the principal Lincolnshire coastal resort with a resident population of around 20,000 persons increasing substantially in the summer months with the influx of holidaymakers and day visitors.
It is some 40 miles east and south of Lincoln and Grimsby respectively with main communication links via the A52 & A158 roads to the south and Midlands.
General Information: Local Authority: East Lindsey District Council. The agency website indicates Tax band: D.
Energy Rating: C Carl Smith, HomeMove Lincolnshire: Carl joined the HomeMove team in 2021, bringing over 20 years of experience in the property industry and more than 15 years of managing estate agency branches across Skegness, Louth, and Grantham.
With his comprehensive understanding of the Lincolnshire property market, Carl is proud to be considered a local expert.
In 2025, HomeMove Lincolnshire was proudly recognised as the estas Winner for ‘Best Agent in the PE25’ postcode. Feel free to reach out to Carl for professional property advice and support.
* 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
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 20, Wickenby Way, Skegness
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