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 work2-bedroom bungalow · LN13 9GF
For saleReduced £13k (−6.6%) on 26 OctListed 84 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This attractive two-bedroom end of terrace bungalow was the orginal 'Show Home' for the Mumby Meadows development and as such benefits from a well-appointed, generously size end plot with low maintenance landscaped gardens to the front and private garden with fully enclosed boundaries to the rear.
Offering living room and conservatory, ample driveway and detached garage, the property benefits from uPVC double glazed windows throughout and oil fired central heating.
This property offers a 'move-in' ready home and is brought to the market with no onward chain.
Front Of Property - With attractive low maintenance landscaped gardens of mature shrubs over decorative slate and gravel, tarmac driveway leading to the side of the property through double wooden gates, concrete slab ramped access to the front door and boundaries of hedging and fencing.
Entrance Hallway - 4.9m max x 1.0m (16'0" max x 3'3") - Accessed via a partially glazed wooden front door with feature double glazed panes, airing cupboard (0.9 x 0.7m) housing Camry oil heating boiler, further storage cupboard (0.7m x 0.4m) with shelving, boiler thermostat, radiator, loft access and carpeted flooring.
Living Room - 5.2m max x 3.5m (17'0" max x 11'5") - With chimney breast wall, hearth, mantle and electric fire, radiator, French doors with side windows to the conservatory and carpeted flooring.
Conservatory - 2.6m x 2.4m (8'6" x 7'10") - Of dwarf brick wall and uPVC construction with polycarbonate style pitched roof, French doors to the patio and carpeted flooring.
Kitchen - 3.2m x 2.3m (10'5" x 7'6") - With a range of wall and base units, integrated cooker with ceramic hob and extractor over, sink with 1.5 bowls and mixer tap, space and plumbing for washing machine, space for under counter appliance, partially tiled walls, radiator, recessed down lighting, partially glazed wooden door with double glazed panes to the driveway, window to the front of the property and tiled flooring.
Bedroom One - 2.8m x 3.4m (9'2" x 11'1") - With radiator, window to the rear garden and carpeted flooring.
Bathroom - 1.7m x 2.0m (5'6" x 6'6") - Bath with shower over and glazed shower screen, WC, wash basin, radiator, extractor fan, recessed down lighting, tiled walls, window with obscured glazing and tiled flooring.
Bedroom Two - 2.8m x 3.3m (9'2" x 10'9") - With radiator, window to the front of the property and carpeted flooring.
Rear Garden - Private rear garden set to lawns with block paved patio and further feature paving circle, decorative gravel, area for storage to the rear and side of the garage also accommodating oil storage tank, borders of mature shrubs and plants, boundaries of fencing and pedestrian gate to the driveway.
Driveway - Tarmac driveway leading through wide double wooden gates to the right of the property and onward to the detached garage, external lighting, further wooden double gates accessing storage to the side of the garage, pedestrian gate to the garden and boundaries of brick wall and fencing.
Garage - 5.3m x 2.7m (17'4" x 8'10" ) - With up-and-over garage door, fuse box, power and lighting, boarded roof space, pedestrian door to the rear garden and concrete flooring.
Tenure & Possession - The property is Freehold with vacant possession upon completion. Services - We understand that mains electricity, water and drainage are connected to the property.
Heating is via an oil-fired central heating system. Local Authority - Council Tax Band 'A' payable to Local Authority: East Lindsey District Council, The Hub, Mareham Road, Horncastle, Lincs, LN9 6PH.
Tel: . Energy Performance Certificate - The property has an energy rating of 'D'. The full report is available from the agents or by visiting Reference Number: 1635-0421-1500-0428-4206.
Viewing - Viewing is strictly by appointment with the Alford office at the address shown below.
Directions - From the main A52 between Mablethorpe and Skegness, on reaching the village of Mumby, turn into Mumby Meadows the take the first right. The property can be found directly ahead.
What3words///remodels.reception.coining
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 Mumby Meadows, Mumby, Alford
Explore nearby