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 work2-bedroom bungalow · PE24 5UN
For saleListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Oxford Family Estates are bringing to the market a very nicely presented 2 bedroom detached bungalow in a sought after area of the village.
The property benefits from a modern kitchen and bathroom plus a second toilet, lounge/diner and a conservatory.
There is a driveway and garage and the front and rear gardens are very well designed and low maintenance.
The bungalow is in an ideal location being close to all village amenities and a short stroll to the sea front. Call us now to book a viewing !
Entrance Hallway 2.64m x 1.66m (8'7" x 5'5") Enter the property through the 2 x Upvc double glazed doors in the hallway. Servicing the kitchen lounge and separate WC.
Kitchen 3.42m max x 3.26m max (11'2"max x 10'8"max) Modern finished kitchen with a range of wall and base units. Integrated Cooke & Lewis fan oven and ceramic hob with extractor hood fitted above.
White tiled splashbacks, with 1 & 1/2 stainless steel sink under Upvc double glazed window to the rear elevation over looking the conservatory and garden.
Hotpoint Fridge freezer built into a tower unit. Additional airing cupboard with space and plumbing for a washing machine. Upvc double glazed door to the conservatory.
Cloakroom 2.06m x 0.74m (6'9" x 2'5") Handy separate toilet for guests maintaining a nice flow and layout to the property. Obscure Upvc double glazed window to the rear.
Lounge 5.03m x 3.39m (16'6" x 11'1") Centred around the fireplace with log burner effect electric fire, 2 radiators and Upvc double glazed window to the front elevation.
Ample space for a 2 seater and a 3 seater settee. Inner Hallway 1.94m x 0.95m (6'4" x 3'1") Loft access, thin depth storage cupboard providing access to plumbing in the bathroom.
Bathroom 2.05m x 1.62m (6'8" x 5'3") Modernly finished, with Panelled bath with a folding screen fitted and a thermostatic mixer shower. Vanity unit sink and toilet.
Heated towel rail off the central heating. Mermaid boarding to the walls and laminate flooring, with obscure Upvc double glazed window to the side elevation.
Bedroom 1 3.60m x 3.02m (11'9" x 9'10") Good size double bedroom with radiator under Upvc double glazed window to the rear elevation.
2 Double wardrobes and matching drawers in gloss white staying with the beautifully decorated room.
Bedroom 2 3.00m x 2.72m (9'10" x 8'11") Double bedroom currently being used as both a guest bedroom and office. Flexible space to use to your requirements.
Radiator under Upvc double glazed window to the front elevation. Conservatory 5.90m x 2.25m (19'4" x 7'4") Upvc and brick construction with fully tiled roof. Tiled floor and radiator.
Currently laid out as a 2nd lounge area and space for a 4 seater dining set. Garage 5.25m x 2.42m (17'2" x 7'11") Brick garage with up and over style door.
Fitted with some units and electricity and a window to the garden.
Storage Shed 2.73m x 0.98m (8'11" x 3'2") Thought to be the old store, this handy storage shed now contains the wall mounted ATAG LPG bottle gas boiler. Serviced annually.
Outside The front of the property has a rubber crumb driveway leading to the garage and ramped access leading to the front door. There is a stoned area and a gate which leads to the rear garden.
The rear garden has a great decorative slabbed patio area and a lawn. This is all edged and surrounded with a rubber crumb pathway.
There are stoned borders with various trees and shrubs making a very pleasant low maintenance garden. There is 6' fencing all round so making it very private and secure.
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
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

FAQ
About Buckingham Drive, Chapel St. Leonards, Skegness, PE24 5UN
Explore nearby