2-bedroom terraced house · PE25 2FF
Sold STCListed 287 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMMARY ****SOLD WITH NO CHAIN*** Modern and well-presented two-bedroom end-terrace home built in 2022, offering a contemporary fitted kitchen, lounge, downstairs WC, modern bathroom, front and rear gardens and off-road parking.
Situated close to amenities, schools, doctors surgery and transport links.
DESCRIPTION ***SOLD WITH NO CHAIN*** This attractive two-bedroom end-terrace house, constructed in 2022, offers stylish and modern living ideal for first-time buyers, investors or those looking to downsize.
The accommodation offers neutral tones throughout and comprises an inviting lounge, a modern fitted kitchen diner with space for a dining table and chairs with ample storage and worktop space, and a convenient downstairs WC.
To the first floor are two well-proportioned bedrooms and a contemporary family bathroom finished to a high standard.
Externally, the property benefits from a low maintenance rear garden mainly laid to lawn with patio area providing pleasant outdoor space.
The front of the property offers allocated off-road parking with the addition of a visitors space as well.
Situated on the sought-after Manorcrest development, this property combines modern living with a convenient location close to local amenities, transport links, schools and doctors surgery.
Skegness Train Station provides regular routes to Boston, Sleaford, Grantham and Nottingham with Nottingham station providing a direct line to London. Viewing by appointment only.
Entrance Via a modern uPVC double glazed door which leads into a small entrance space with space to hang coats and leads to Lounge and stairs to First floor.
Lounge 15' 5" x 10' 2" ( 4.70m x 3.10m ) With window to front elevation and radiator.
Kitchen Diner 13' 9" x 10' 10" ( 4.19m x 3.30m ) Fitted with a range of modern wall, base & drawer units with under counter lighting, inset sink & drainer with mixer tap, complimentary worktop space over, splashbacks, integrated oven, hob & hood.
Space for a fridge freezer and ample room for a dining table & chairs. Radiator, window to rear elevation and French doors leading out to the rear garden. Downstairs Wc Toilet with hand wash basin.
Bedroom One 13' 9" x 10' 1" ( 4.19m x 3.07m ) Double bedroom with ample space for wardrobes, window to the rear elevation and radiator.
Bedroom Two 13' 10" x 11' 3" ( 4.22m x 3.43m ) Double bedroom with 2 windows to front elevation, built in storage cupboard and radiator.
Bathroom A modern 3 piece suite offering bath with shower over, Wc, and spot lights. External A low maintenance rear garden mainly laid to lawn with a patio area & shed.
The front of the property offers a driveway and also has an additional allocated parking space along with visitor spaces. 1.
MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT.
THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS.
NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS 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
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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.
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