2-bedroom terraced house · PE25 1GD
Listing removedListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A 2 Bedroom Town House in a popular residential location. With Hall, WC, Lounge, Kitchen/Diner and Shower Room.
Driveway providing parking with electric car changing points, 8 owned solar panels and low maintenance garden to the rear.
EPC Rating HALLWAY With composit entrance door, karndean flooring, radiator. WC With WC, hand basin, radiator, electric fuses, opaque pvc window.
LOUNGE 4.09m x 4.11m With telephone point, TV point, radiator, stairs off with under stairs cupboard, fire with hearth surround, karndean flooring, wall and ceiling lights.
DINING KITCHEN 2.77m x 4.09m With wall and base units with tiled splashbacks, built under oven with grill, 4 ring gas hob with chimney hood above, stainless steel sink unit with mixer tap, space for appliances, concealed gas central heating wall mounted boiler, radiator, pvc window and door into the garden.
LANDING With pull down ladder access to loft space being part boarded with light and power.
BEDROOM 1 2.74m x 4.11m With built-in cupboard, 2 pvc windows, TV point, radiator, pvc window to the front elevation.
BEDROOM 2 2.13m x 4.09m With pvc window to the rear elevation, TV point.
BATHROOM 1.96m x 1.96m With walk-in shower with non-slip shower base, wash basin in vanity unit, wall hung WC, tiled walls and floors, heated towel radiator, extractor.
OUTSIDE The front is block paved for parking with electric car charging points, 8 owned solar panels. A pedestrian access leads to the rear garden being block paved for sitting area, Shed.
TENURE Freehold. SERVICES The property has mains gas, electricity, water and drainage connected. Heating is via a gas central heating boiler served by radiators.
The agents have not inspected or tested any of the services or service installations and purchasers should rely on their own survey.
VIEWING By prior appointment with Newton Fallowell office in Skegness.
COUNCIL TAX Charging Authority – East Lindsey District Council Band A - 2025/26 - £1,467.71 ANTI-MONEY LAUNDERING REGULATIONS We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
There is a charge for these checks, which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.
We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.
AGENTS NOTES Please note these are draft particulars awaiting final approval from the vendor, therefore the contents within may be subject to change and must not be relied upon as an entirely accurate description of the property.
Although these particulars are thought to be materially correct, their accuracy cannot be guaranteed and they do not form part of any contract.
These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Newton Fallowell nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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
FAQ
About Mulberry Way, Skegness, PE25
Explore nearby