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 work3-bedroom detached house · PE24 4ER
Listing removedListed 410 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
HomeMove Estate Agents By Carl Smith are delighted to present to the market this three/four bedroom detached house on St. Edmunds Close, Wainfleet St.
Mary offering a great opportunity for families seeking a spacious and versatile home.
The property presents an excellent opportunity to create your ideal living space with its generous accommodation and private outdoor areas.
In brief the property comprises: Entrance hall, lounge, dining room, conservatory, kitchen, wet room, home office/fourth bedroom, three bedrooms to the first floor (master being en suite) and a family bathroom.
Externally the property has an enclosed rear garden to the rear and a driveway to the front.
Hallway - Having timber and glazed entrance door, wooden effect floor covering, texture and coving to the ceiling, stairs to the first-floor landing, radiator.
Living Room - With texture and coving to the ceiling, wooden effect floor covering, two radiators, UPVC bay window to the front elevation, television and telephone points, coal effect living flame electric fire, arch to: Dining Room - Having texture and coving to the ceiling, wooden effect floor covering, radiator, UPVC French doors to the conservatory.
Conservatory - With wooden effect floor covering, downlights, radiator, low level brick walls, UPVC windows to dual aspects.
Breakfast Kitchen - Having built in storage cupboard, radiator, coving to the ceiling, plumbing for automatic washing machine, space for range cooker, fitted units comprising base cupboards, draws and wall mounted units, roll edge working surfaces with tiled splashbacks, inset sink with mixer tap, UPVC half panel entrance door, UPVC window, free standing oil-fired central heating boiler.
Wet Room - With UPVC window to the side elevation, chrome effect heated towel rail, coving to the ceiling, extractor, wet room floor and drain, wash hand basin, low level flush w/c, tiled walls, electric shower at half height.
Home Office/ Fourth Bedroom - Having UPVC window to the front elevation, radiator, coving to the ceiling, wooden effect floor covering.
First Floor Landing - With stairs to the ground floor, airing cupboard and doors off to: Bedroom One - With UPVC window to the front elevation, radiator, texture and coving to the ceiling.
En Suite - With UPVC window to the front elevation, low level flush w/c, wash hand basin, shower enclosure with mains fed shower.
Bedroom Two - With upvc window to the front elevation, radiator, texture and coving to the ceiling, access to the roof space.
Family Bathroom - With upvc window to the rear elevation, texture and coving to the ceiling, panelled bath, pedestal wash hand basin, dual flush wc, radiator, part tiled walls, extractor, electric shaver point.
Bedroom Three - With upvc window to the rear elevation, radiator, texture and coving to the ceiling.
Exterior - To the front of the property is a neat lawn area and concrete driveway providing off road parking, The rear of the property has lawned areas with paved terrace area ideal for having table and chairs for outside dining there are a variety of shrubs and bushes set and the garden is enclosed with timber fencing.
Situation: Located in the market town of Wainfleet St.
Mary, which has a train station with links to Skegness, Boston Grantham and Nottingham, within easy reach of local amenities in Wainfleet All Saints just a short drive away.
The coastal resort of Skegness is approximately 7 miles away. General Information: Tenure: Freehold Local Authority: East Lindsey District Council The agency website indicates Tax band: C.
Energy Rating: D.
Carl Smith, HomeMove Lincolnshire: Carl joined the HomeMove team in 2021, bringing over 20 years of experience in the property industry and more than 15 years of managing estate agency branches across Skegness, Louth, and Grantham.
With his comprehensive understanding of the Lincolnshire property market, Carl is proud to be considered a local expert.
In 2025, HomeMove Lincolnshire was proudly recognised as the estas Winner for ‘Best Agent in the PE25’ postcode. Feel free to reach out to Carl for professional property advice and support.
* When you make an offer on a property, we are required by law to carry out id and Financial verification checks.
As part of this we will need to see documents including Proof of id, Address and Financial Statements and we will carry out a ‘SmartSearch’ chargeable at £15 per buyer.
HomeMove Estate Agents may be paid a referral fee for introducing clients to their preferred EPC, Conveyancing, Survey and Mortgage service providers.
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
.png)
FAQ
About 7, St. Edmunds Close, Skegness
Explore nearby