We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · PE25 2ET
Sold STCListed 732 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A semi detached dormer bungalow situated on a corner plot being ideally positioned on the outskirts of Skegness yet within walking distance of the town centre and easy access to shops & supermarkets.
The property comprises of kitchen, dining room, lounge, side porch, three bedrooms, shower room.
The outside of the property offers off road parking + single garage, the front garden is divided into different areas having a lawned section and gravelled sections.
The rear garden is a low maintenance courtyard style garden.Additional benefits include gas central heating and uPVC double glazing.
With no upward chain to worry about viewings are available now - by appointment only.
Entrance Hall: Having uPVC entrance door, stairs to first floor landing, internet point, smoke alarm, radiator and ceiling light point.
Kitchen: 2.97m x 2.84m (9'9" x 9'4") , Having one and a half bowl single drainer sink unit with mixer tap over set in work surfaces extending to provide a range of base fitted cupboards and drawers under together with matching range of wall mounted storage cupboards over, space for cooker with extractor hood over, 'Worcester' gas boiler, space for fridge/freezer, fluorescent strip light and uPVC double glazed door leading to the side entrance porch.
Dining Room: 2.97m x 2.54m (9'9" x 8'4") , Having sliding door into kitchen, radiator, ceiling light point and archway to lounge.
Lounge: 3.63m x 3.61m (11'11" x 11'10") , Having television point, internet point, electric fire set in fire surround, radiator and ceiling light point.
Bedroom Three (Downstairs): 2.59m x 2.11m (8'6" x 6'11") , Having built in storage cupboard, radiator and ceiling light point.
Shower Room: 2.24m x 2.08m (7'4" x 6'10") , Having shower cubicle with 'Mira' electric shower therein set in tile surround, pedestal hand wash basin, close coupled wc, heated towel rail, shaver point, cupboard housing immersion tank and ceiling light point.
Landing: Having storage space into the eaves, smoke alarm and ceiling light point.
Bedroom One: 4.19m x 3.02m (13'9" x 9'11") , Having access into the roof space, radiator and ceiling light point Bedroom Two: 3.63m x 3.40m (11'11" x 11'2") , Having radiator and ceiling light point.
Side Entrance Porch: 3.35m x 2.08m (11' x 6'10") , Having space and plumbing for washing machine, uPVC doors to the front and the rear of the property, side access personnel door into the garage and ceiling light point.
Garage: 5.23m x 2.54m (17'2" x 8'4") , Being of brick construction with concrete floor, up and over door and electric.
Outside: Front: The property is approached by a garden path leading to the front door and following around to the side of the property.
The front garden divided into several different area including lawned area with flower border having various established shrubs, plants and flowers, gravelled areas and circular stone features with inset trees.
Side: The side of the property is approached by a concrete driveway leading to single garage with garden path leading to the front of the property.
Rear: The rear garden is an enclosed courtyard style garden being ideal for flower pots and tubs.
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.
Area
Agent & docs
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FAQ
About 37, Queens Road, Skegness
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