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See how verdicts work2-bedroom bungalow · PE24 5RN
For saleListed 157 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Oxford Family Estates are pleased to bring onto the market this quaint NON STANDARD property set on the edge of the seaside village of Chapel-St-Leonards.
This FREEHOLD property would make an ideal holiday home or for someone looking to live permanently by the sea.
It has recently undergone modernisation and refurbishment, with garden/patio to all sides and has a drive for parking.
Short distance to the local shop,garage, pub and beach where the North Shore Observatory is situated with its cafe to enjoy an afternoon tea with friends,family or just some quality time looking out over the sea.
Note : All room measurements are available in the floorplan in the gallery. We do not use any wide-angle lens photos, so rooms should feel as big or bigger than pictured.
Kitchen Satin green units with warm oak effect worktops and tiled splashback. Integrated electric oven and hob with extractor hood above. Integrated bush dishwasher. Space for tower fridge freezer.
Stainless steel sink and drainage board. Grant oil boiler for hotwater and central heating. Indesit washing machine. And tower fridge freezer.
Lounge/Diner There is a lovely bright lounge/diner with triple aspect windows and plenty of space for a seating area and a dining table centred around a feature fireplace.
There is leaded coloured glazed doors and windows leading into a large front porch area.
Bedrooms and shower room There are two good size double bedrooms with space for furniture, including bedside cabinets and wardrobes.
The larger bedroom has dual aspect windows to the rear and wall mounted TV.
Modern shower room with centrally heated towel rail, vanity unit sink and toilet and walk in corner shower enclosure with electric shower.
Exterior & Outside Gravel drive with ample parking for multiple vehicles. The property is freehold and considered non-standard construction.
Ramped access to both the front porch and side door to the kitchen.
Chapel St Leonards Chapel St Leonards is a lovely sea-side village on the east coast nestled between the major resorts of Skegness and Mablethorpe.
It has a population of around 3,000 and is well known for its beautiful sandy beaches and long promenades.
During the summer months it benefits greatly from tourists creating a lovely vibrant atmosphere.
The village has a lot to offer with a wide range of shops including butchers, chemist, estate agents, co-op, spar, cafes, restaurants and pubs.
There is a village hall with a full programme of regular activities, doctors surgery, two churches and a primary school.
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
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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 St. Leonards Drive, Chapel St. Leonards, Skegness, PE24 5RN
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