2-bedroom terraced house · PE25 2AJ
Sold STCListed 205 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Choice Properties are delighted to market this well presented two bedroom end of terrace house. Perfectly located in Skegness within walking distance to the Town, shops, buses and healthcare services.
Ready to move in and enjoy with accommodation comprising entrance hall, lounge, kitchen, landing giving access to two bedrooms and modern bathroom.
The property also benefits from double glazed windows, gas central heating system, gardens and three allocated parking spaces to the rear. An internal viewing is highly recommended.
Offered to the market Chain Free. Modern and well presented property with accommodation comprising : Entrance Hall - Stairs to first floor landing, radiator.
Lounge - 4.52m x 3.71m (14'10 x 12'2) - Double glazed bay window to front, double glazed window to side, two radiators.
Kitchen - 3.43m x 3.20m (11'3 x 10'6) - Double glazed window to rear, range of eye level and base units, stainless steel sink with mixer tap and drainer, built in oven, hob and extractor fan, space for appliances, wall mounted boiler, walk-in understairs storage cupboard, radiator.
Landing - Two built in storage cupboards, loft hatch, radiator. Bedroom One - 3.76m x 3.10m (12'4 x 10'2) - Double glazed window to front and side, radiator.
Bedroom Two - 3.18m x 2.74m (10'5 x 9') - Double glazed window to rear, radiator.
Bathroom - Obscure double glazed window to front, white suite comprising low level w.c, pedestal wash hand basin with mixer tap, panelled bath, shower cubicle, heated towel rail.
Garden - Paved for easy maintenance. Allocated Parking - Three allocated parking spaces situated to the rear of the property.
Tenure - Freehold Council Tax Band - Local Authority - East Lindsey District Council, The Hub, Mareham Road, Horncastle, Lincolnshire, LN9 6PH Tel. No.
Website: Council Tax Band - According to the Valuation Office Agency Website the property is currently in Council Tax Band A Making An Offer - If you are interested in making an offer on this property please have a chat with us and we will be happy to start the negotiations for you.
Under money laundering regulation we will ask you to provide us with formal photographic ID by way of either a passport or driving licence.
If you are travelling from afar we would advise bringing this documentation with you just in case this home is perfect for you.
We would also like to make you aware that we will require details of your estate agents, proof of funds should you be a cash buyer and solicitors details, as this helps us to start the transaction quickly for you.
Opening Hours - Monday - Friday: 9am - 5pm Saturday: 9am - 3pm Viewing Arrangements - Contact Choice Properties on Choice Properties have not tested any included apparatus, equipment, fixtures, fittings, central heating systems or services mentioned in these particulars and purchasers are advised to satisfy themselves as to their working order and condition.
Buyers are strongly advised to obtain verification from their Solicitor or Surveyor regarding the working order and condition of all the items included.
These particulars do not constitute, nor constitute any part of, an offer or contract.
All statements contained in these particulars as to this property are made without responsibility on the part of Choice Properties or the vendors or lessors.
None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact.
All measurements have been taken as a guide to prospective buyers only, and are approximate.
Any intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in these particulars The vendors do not make or give and neither Choice Properties nor any person in their employment 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
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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 Algitha Road, Skegness
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