3-bedroom bungalow · PE24 5TN
To rentListed 53 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 3027799.
This is a delightful spacious 3 bedroom, 1 bathroom bungalow located at the end of a private lane within walking distance to the village centre Available to move in now, this property benefits from a large parking area, and garden in a secluded spot, with a large garage/workshop big enough to accommodate 2 vehicles with electric door to garage.
The Property has oil fired heating and an Aga and has new flooring throughout. Viewing highly recommended. Contact OpenRent today for more details or to arrange a viewing!
Summary & Exclusions: - Rent Amount: £1,200.00 per month (£276.92 per week) - Deposit / Bond: £1,384.61 - 3 Bedrooms - 1 Bathrooms - Property comes unfurnished - Available to move in from 04 September 2026 - Maximum number of tenants is 5 - No Students - No Smokers - Bills not included - Property has parking - Property has garden access - Property has fireplace - EPC Rating: D If calling, please quote reference: 3027799 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 The Hollies, Gatrum Lane, Chapel St. Leonards, Skegness
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