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See how verdicts work3-bedroom bungalow · PE24 5EG
For saleListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within a popular residential area of Burgh-le-Marsh and easily accessible to the local amenities and Lincoln to Skegness transport links, this spacious detached bungalow provides an ideal home from first time buyers to retirees looking to downsize.
Benefitting from a mature rear enclosed garden with windmill views, uPVC windows and doors, gas central heating, garage and off road parking.
Front Of Property - Having an open fronted lawned area with concrete driveway to the garage and footpath leading to the side entrance with boundaries of timber fencing.
Hallway - With carpeted flooring, access to the loft space and airing cupboard.
Lounge - 5.51m x 3.63m (18'1" x 11'11") - With glazed panelled door and internal window leading in the lounge and having carpeted flooring, brick surround gas fire and window to the front of the property.
Kitchen - 3.61m x 3.20m (11'10" x 10'6") - With a range of base and wall units, tiled splashbacks, space for cooker, extractor hood, space and plumbing for washing machine, resin sink and drainer with mixer taps, internal door to the garage, newly fitted Viessmann gas wall mounted boiler, vinyl flooring and door and window to the side of the property.
Bedroom One - 3.66m x 2.74m (12' x 9') - With carpeted flooring, window to the rear of the property and access to the vanity area having sink, WC and vinyl flooring.
Bedroom Two - 3.84m x 3.00m (12'7" x 9'10") - With carpeted flooring and window to the rear of the property.
Bedroom Three - 3.02m x 2.21m (9'11" x 7'3") - With carpeted flooring and window to the front of the property.
Shower Room - Having an electric shower over a low level tray with glass screen, fully tiled walls, non-slip flooring, extractor fan and window to the side of the property.
Wc - With WC, part tiled walls, tiled flooring and window to the side of the property.
Garage - 4.90m x 2.36m (16'1" x 7'9") - With up and over door, power and light connected, window to the side and internal door leading to the garage.
Rear Garden - Having boundaries of timber fencing and predominately laid to grass with mature trees and shrubs. Slabbed footpaths lead to the sides of the property with gated access to the front.
Adjacent to the property from the kitchen door is a small raised concrete patio area and a timber shed.
Energy Performance Certificate - The property has an energy rating of 'D' The full report is available from the agents or by visiting Reference Number: 2095-3066-4201-8526-6204 Services - We understand that mains gas, water, drainage and electricity are connected to the property.
Local Authority - Council Tax Band 'C', payable to Local Authority: East Lindsey District Council, The Hub, Mareham Road, Horncastle, Lincs, LN9 6PH. Tel: .
Tenure & Possession - The property is Freehold with vacant possession upon completion. Viewing - Viewing is strictly by appointment with the Skegness office at the address shown below.
What 3 Words - ///staples.quit.cemented
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

FAQ
About Elm Crescent, Burgh Le Marsh, Skegness
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