3-bedroom bungalow · PE24 5LZ
Listing removedListed 215 days
Opportunity summary
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About
An extremely well presented spacious bungalow located in the village of Burgh-le-Marsh, popular for its local amenities, transport links and having a community feel.
The property is situated on a good size private plot and has been extended to provide ample living accommodation including two reception rooms, conservatory, utility and en-suite to the master bedroom.
Front Of Property - With concrete driveway and footpath leading to the sides of the property.
Open layout to the front mainly laid to grass with mature shrubs and trees having boundaries of timber fencing. Entrance Porch - With tiled flooring and part glazed oak door leading to the hallway.
Hallway - 2.90m x 2.64m (9'6" x 8'8") - With wooden finish laminate flooring and access to the loft space.
Kitchen - 3.48m x 2.67m (11'5" x 8'9" ) - With a range of base and wall units, tiled splashbacks, gas hob, extractor hood, double electric oven, 1.5 resin composite sink and drainer with mixer taps, space and plumbing for dish washer, wooden finish laminate flooring and window to the side of the property.
Utility - 3.43m x 1.63m (11'3" x 5'4") - With a range of base and wall units, tiled splashbacks, resin composite sink and mixer taps, space and plumbing for washing machine, wooden finish laminate flooring, window to the front of the property and door to the rear of the property.
Lounge/Diner - 5.36m x 3.33m (17'7" x 10'11") - With Karndean flooring and dual aspect windows to the side of the property.
Snug/Lounge - 4.57m x 3.33m (15' x 10'11") - With multi-fuel burner, wooden finish laminate flooring, Bi-fold doors to the conservatory and windows to each side of the property.
Conservatory - 3.30m x 2.59m (10'10" x 8'6") - With patio sliding doors to the rear garden, vinyl flooring and windows to all aspects of the garden.
Bedroom One - 5.56m x 2.67m (18'3" x 8'9") - With carpeted flooring and window to the rear of the property.
En-Suite - 2.13m x 1.19m (7' x 3'11") - With enclosed double shower cubicle having direct feed shower and mermaid boarding, sink with vanity unit, wall mounted units, extractor fan, heated towel rail, WC and tiled flooring.
Bedroom Two - 3.76m x 3.00m (12'4" x 9'10") - With carpeted flooring, large double sliding door wardrobes and window to the front of the property.
Bedroom Three - 3.61m x 2.29m (11'10" x 7'6") - With carpeted flooring and window to the front of the property.
Bathroom - With decorative tiled feature walls, double screened shower tray with direct feed shower over, sink mounted on vanity unit, WC enclosed cistern, storage vanity units, extractor fan, Karndean flooring and windows to the rear.
Rear Garden - With slabbed patio area adjacent to the property and slabbed footpaths leading to the side of the property and the garage.
The garden is mainly laid to lawn with bedding edging and boundaries of timber fencing. Garage - With power and light connected, accessed via a uPVC door and having a window to the garden aspect.
Summer House - Of timber construction with glazed double doors and veranda style frontage. Timber Sheds - To the side of property there are two timber sheds accessed via a slabbed footpath.
Energy Performance Certificate - The property has an energy rating of 'C'.
The full report is available from the agents or by visiting Reference Number: 8335-1824-9400-0104-8206 Services - We understand that mains electricity, gas, water and drainage are connected to the property.
Tenure & Possession - The property is Freehold with vacant possession upon completion.
Local Authority - Council Tax Band 'C' payable to Local Authority: East Lindsey District Council, Tedder Hall, Manby Park, Louth, Lincs, LN11 8UP. Tel: .
Viewing - Viewing is strictly by appointment with the Skegness office at the address shown below. What 3 Words - ///bronzer.cooked.settled
Value & comps
No previous sales on record.
Returns
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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 Holden Drive, Burgh Le Marsh, Skegness
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