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See how verdicts work2-bedroom bungalow · LN12 1LX
For saleListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Choice Properties are delighted to bring to the market this spacious and well presented two bedroom detached bungalow located in a quiet residential position only a short walk from the beach.
The well laid out accommodation comprises: Kitchen - 1.88m x 4.24m (6'2" x 13'11") - Front composite door leading into the kitchen; fitted with a range of wall and base units with worktop over, one and a half bowl stainless steel sink with drainer and mixer tap, four ring gas hob with extractor hood over, integrated double electric oven, space for an under-counter fridge, space and plumbing for a washing machine, partly tiled walls, cupboard housing the fuse board, a telephone point, double aspect windows and a sliding door through to the: Reception Room - 3.73m x 4.88m (12'3" x 16'0") - Light and airy reception room benefiting from a picture window to front aspect and fitted with an electric feature fireplace set in a feature surround with a wooden mantle, TV aerial, telephone point, wall lighting and sliding door to: Lobby - 0.84m x 1.14m (2'9" x 3'9") - With the wall mounted thermostat, access to the loft; which is partly boarded with lighting and a pull down ladder and doors to Bedroom 1 - 2.77m x 4.55m (9'1" x 14'11") - Spacious double bedroom with fitted wardrobes and storage up and around the bed frame, TV aerial and a built in airing cupboard housing both the wall mounted condensing boiler and hot water cylinder.
Bedroom 2 - 2.90m x 3.25m (9'6" x 10'8") - Double bedroom with a TV aerial and uPVC door to the Sun Room.
Sunroom - 4.19m x 2.13m (13'9" x 7'0") - Feature triple aspect windows, double opening ‘French’ doors to the garden, tiled flooring, a polycarbonate roof and a radiator.
Shower Room - 1.88m x 1.80m (6'2" x 5'11") - Fitted with a three piece suite comprising a shower enclosure with sliding door and electric ‘Triton T80 Easi Fit+’ shower over, pedestal hand wash basin with single hot and cold taps and WC with cistern lever, tiled flooring, mermaid boarding to the walls and an extractor vent.
Driveway - Providing off street parking. Garage - 2.49m x 6.15m (8'2" x 20'2") - With an up and over door, power and lighting, side window and side pedestrian door.
Garden - To the rear of the property is a privately enclosed garden with timber fencing to the boundaries. The garden is laid mostly to lawn and features a useful timber shed. Tenure - Freehold.
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 to Friday 9.00 a.m to 5.00 p.m. Saturday 9.00 a.m. to 3.00 p.m. Viewing Arrangements - By appointment through Choice Properties on .
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 B.
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
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.
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About The Drive, Mablethorpe
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