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See how verdicts work3-bedroom semi-detached house · PE25 3SG
Sold STCListed 78 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No Chain. A three bedroom semi detached house in a pleasant location convenient for the town centre, Richmond Primary School and the beach.
The accommodation comprises Entrance Hall, W.C, Lounge/Diner and Kitchen with 3 Bedrooms and Bathroom to the first floor.
The property benefits from gas central heating, front and rear gardens, driveway proving ample parking and a detached Garage. Viewing is essential to appreciate this “ready to move in” home.
EPC Rating C EPC Rating: C ACCOMMODATION Entrance is on the front elevation via a pvc door to the:- HALLWAY With radiator.
W.C With pvc window to the front elevation, W.C, hand basin, radiator.
LOUNGE 4.31m x 4.97m With pvc window to the front elevation, radiator, stairs leading off and being open to:- DINING AREA 2.5m x 3.07m With pvc patio doors to the rear garden, radiator.
KITCHEN 2.42m x 2.91m With base and wall units, worksurfaces with tiled splashbacks, stainless steel sink unit, space for cooker with extractor hood above, wall mounted Worcester Bosch gas central heating boiler, plumbing for dishwasher, tiled floor, pvc window to the rear elevation, pvc door to the side.
1ST FLOOR LANDING With pvc window to the side elevation, access to roof space, built in cupboard housing the immersion heater.
BEDROOM 1 2.96m x 3.56m With pvc window to the rear elevation, radiator. BEDROOM 2 2.71m x 3.67m With pvc window to the front elevation, radiator.
BEDROOM 3 2.22m x 2.66m With pvc window to the front elevation, radiator.
BATHROOM With panelled bath with Mira shower over, pedestal hand basin, W.C, tiled walls and floor, heated towel radiator, pvc window to the rear elevation.
OUTSIDE To the front is a low maintenance gravelled garden with driveway providing parking for several cars and leading to the:- GARAGE With electric roller shutter door, pvc window to the rear elevation, pvc side door, plumbing for washing machine.
REAR GARDEN The rear garden includes a paved patio, lawn gravelled borders and fencing. 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.
COUNCIL TAX Charging Authority – East Lindsey District Council Band B - 2026/27 - £1,804.19 VIEWING By prior appointment with Newton Fallowell office in Skegness and accompanied by their personnel.
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 of £72 (incl. VAT), 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 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 advisers 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 Richmond Drive, Skegness, PE25
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