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See how verdicts work3-bedroom bungalow · PE24 5DS
For saleReduced £5k (−1.4%) on 13 AugListed 271 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A well presented and spacious detached bungalow enjoying an excellent cul-de-sac location in the popular Burgh Le Marsh with a wealth of local amenities and public transport on hand and the Lincolnshire coast only moments away.
With views toward the St Peter & Paul C Of E Church over an open paddock.
The property comprises of lounge, kitchen/diner, utility room, conservatory, three double bedrooms, bathroom and en-suite shower room to master.
The property is approached over a large block paved driveway extending to the property attached double garage which together offer off street parking for several vehicles.
The front garden is mainly laid to lawn with a range of established trees bushes and shrubs. The enclosed rear garden is mainly laid to lawn with garden beds, patio seating area and a summer house.
Additional benefits include gas central heating (boiler fitted December 2023) and uPVC double glazing. Viewings are available now - by appointment only.
Entrance Porch: Having uPVC entrance door, built in storage cupboard and door to hallway.
Hallway: Having double built in storage cupboard, personnel door to garage, range of inset ceiling spotlights, smoke alarm, carbon monoxide and radiator Lounge: 5.26m x 3.96m (17'3" x 13') , Having television point, internet point, radiator and two ceiling light points.
Kitchen/Diner: 3.30m x 6.17m (10'10" x 20'3") , Having one and a half bowl stainless steel single drainer sink unit set in work surfaces extending to provide a range of fitted base cupboards and drawers under, together with matching range of wall mounted storage cupboards over, tile splash backs to work surfaces, integrated four ring electric hob with pull out extractor hood over, integrated oven and grill, integrated dishwasher, matching central island, space for American style fridge-freezer, two radiators, inset ceiling spotlights and uPVC double doors to conservatory, Utility: 2.21m x 1.52m (7'3" x 5') , Having stainless steel single drainer sink unit with mixer tap over set in work surfaces extending to provide a range of fitted base cupboards under with matching range of wall mounted storage cupboards over, tile splash backs to work surfaces, space and plumbing for washing machine, space for tumble dryer, radiator, extractor fan, ceiling light point and uPVC side entrance door.
Conservatory: 3.43m x 3.86m (11'3" x 12'8") , Being of brick base and uPVC construction with uPVC double glazed french doors to the rear garden. Having radiator and two wall mounted light points.
Bedroom One: 3.30m x 3.99m (10'10" x 13'1") , Having a range of built in wardrobes, television point, radiator and ceiling light point.
En-Suite: 1.65m x 2.34m (5'5" x 7'8") , Being fully tiled having a three piece suite comprising of walk in shower cubicle housing a mains mixer shower, close coupled wc, hand wash basin with toiletry cupboard under, heated towel rail, extractor fan and ceiling light point.
Bedroom Two: 2.87m x 3.68m (9'5" x 12'1") , Having television point, radiator and ceiling light point.
Bedroom Three/Dining room: 3.91m x 3.00m (12'10" x 9'10") , Having radiator and ceiling light point.
Bathroom: 2.08m x 2.72m (6'10" x 8'11") , Being partially tiled having tiled bath, corner shower cubicle with mains mixer shower therein, hand wash basin set in toiletry cupboard, wc with concealed cistern, heated towel rail, extractor fan and ceiling light point.
Outside: Front: The property is approached over a block paved driveway extending to the property's attached double garage which together provides ample off street parking for several vehicles.
The front garden is laid to lawn with a range of established trees, bushes and shrubs with level wall to the front boundary.
Side gated access from both sides lead to:- Rear: The rear of the property enjoys enclosed lawned gardens boasting established garden beds offering a range of trees bushes and shrubs, a central footpath extends to a summer house.
Garage: 5.05m x 5.33m (16'7" x 17'6") , Having electric up and over vehicle door, access to the properties roof space, gas fired combination boiler (fitted December 2023), two fluorescent strip lights and personnel door to kitchen/diner.
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
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FAQ
About 6, The Paddocks, Skegness
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