3-bedroom terraced house · PE25 1BN
Sold STCReduced £20k (−11.1%) on 21 JunListed 321 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A deceptively spacious mid terrace house positioned within a few minutes walk of the beach and sea front, with shops and restaurants also only a few steps away.
The property comprises of lounge, dining room, kitchen, two double bedrooms, single bedroom and bathroom. The outside of the property offers low maintenance front garden being gravelled.
The rear garden is mainly laid to lawn with two patio seating areas and fish pond. Additional benefits include gas central heating and uPCV double glazing.
With no upward chain to worry about viewings are available now - by appointment only. Entrance Hall: Having uPVC entrance door, radiator and ceiling light point.
Lounge: 3.81m x 3.58m (12'6" x 11'9") , Having walk in bay window, radiator and ceiling light point.
Dining Room: 3.89m x 3.63m (12'9" x 11'11") , Having built in under stair storage cupboard, uPVC double glazing sliding door to rear garden, radiator, ceiling light point.
Kitchen: 2.67m x 4.93m (8'9" x 16'2") , Having a 'Belfast' style sink with mixer tap over set in work surfaces extending to provide a range of base fitted storage cupboards and drawers under, two three quarter sized larder cupboards one housing 'Vaillant' combination boiler, space for range cooker with tile splash backs, space and plumbing for dishwasher, space and plumbing for washing machine, space for tumble dryer, space for double fridge/freezer, inset ceiling spot lights and uPVC double glazed door to back garden.
Stairs & Landing: Having ceiling light point and smoke alarm Bedroom One: 2.77m x 3.17m (9'1" x 10'5") , Having access to roof space, two radiators and ceiling light point.
Storage Room/Potential En Suite: 1.55m x 1.78m (5'1" x 5'10") , Having extractor fan, ceiling light point with plumbing to turn this into an en-suite if desired.
Bedroom Two: 2.87m x 3.61m (9'5" x 11'10") , Having radiator and ceiling light point. Bedroom Three: 1.93m x 3.66m (6'4" x 12') , Having radiator and ceiling light point.
Bathroom: 3.17m x 3.56m (10'5" x 11'8") , A three piece white suite comprising deep panelled bath set in tiled splash around with hot and cold tap over, hand wash basin set in toiletry cupboard, close coupled wc, heated towel rail, ceiling light point and decorative fire place.
Outside: Front: The property is approached by a garden gate accessing a garden path to the front door. The front garden is laid to gravel for ease of maintenance being ideal for flower pots and tubs.
Rear: The rear garden is mainly laid to lawn, concrete slabbed patio seating area with garden path leading to the back of the garden, fish pond, raised patio seating area and garden shed.
Buyers Notes: Prospective purchasers should not that a right of way exists for the benefit of this property, running across the rear of the adjacent property to provide access around to the front of the properties.
Prospective purchasers are advised to check this with their legal representative.
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.
Area
Agent & docs
FAQ
About 27, Sea View Road, Skegness
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