2-bedroom bungalow · DN36 4LU
For saleListed 97 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
With a rear garden extending to approximately 370 feet in length, this charming semi-detached home occupies one of the largest plots of its type in New Waltham.
Offering over one third of an acre overall, it presents an exceptional opportunity for buyers seeking a home with space, character and future potential.
The accommodation is both spacious and versatile. A welcoming front lounge centres around a feature fireplace incorporating a log burner, creating a warm and inviting living space.
To the rear, the property has been extended to provide a generous kitchen, fitted with an extensive range of traditional-style units, complemented by a central island, integrated appliances and a range cooker.
An archway leads through to a bright sun room, offering space for both dining and relaxed seating, with double doors opening onto the garden.
The ground floor is further enhanced by a contemporary bathroom, beautifully appointed with a large walk-in shower. To the first floor are two double bedrooms, along with a family bathroom.
The exceptional rear garden is undoubtedly the defining feature of the property.
Predominantly laid to lawn, it incorporates raised vegetable beds, established fruit trees and a summer house, while the sheer scale of the plot presents exciting potential for further landscaping, extension or future development, subject to the necessary planning consents.
To the front, a generous driveway provides ample off-road parking and leads to a detached garage.
Situated on the ever-popular Peaks Lane in New Waltham, the property is conveniently positioned for the village’s excellent range of local amenities, well-regarded schools and transport links, while remaining within easy reach of both Grimsby and Cleethorpes.
Offering a rare combination of character, outstanding grounds and exciting potential, this is a home that must be viewed to be fully appreciated.
Kitchen - 4.63 x 3.64 (15'2" x 11'11") - Lounge - 6.63 x 3.04 (21'9" x 9'11") - Dining Room - 4.18 x 2.43 (13'8" x 7'11") - Shower Room - 2.65 x 1.66 (8'8" x 5'5") - First Floor - Bedroom 1 - 3.37 x 3.25 (11'0" x 10'7") - Bedroom 2 - 3.17 x 2.39 (10'4" x 7'10") - Bathroom - 2.35 x 2.24 (7'8" x 7'4") - Tenure - FREEHOLD Council Tax Band - C
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Peaks Lane, New Waltham
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