3-bedroom bungalow · PE24 4QH
For saleReduced £10k (−5%) on 22 JulListed 343 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This three-bedroom detached bungalow on Thorpe Fendykes, Wainfleet presents an excellent opportunity for buyers seeking a spacious property with generous indoor and outdoor space.
The property's layout includes a welcoming entrance hall, spacious kitchen/dining room leading to a bright conservatory, and a separate living room for additional seating.
Three well-proportioned bedrooms are complemented by a family bathroom and additional shower room.
Outside benefits from a double garage, ample off-street parking and a large rear garden with a patio ideal for seating, providing the perfect space for outdoor living.
Located in the rural hamlet of Thorpe Fendykes near Wainfleet, this property offers countryside living while being just a short drive from local amenities.
The coastal resort of Skegness is approximately 8 miles away, providing seaside attractions and further facilities. For commuters, Wainfleet train station offers connections to surrounding areas.
Being sold with no onward chain, this property presents a blank canvas for buyers looking to put their personal stamp on a substantial home.
The versatile accommodation and generous plot size offer excellent potential for transformation. Viewing is strongly recommended to appreciate the space and opportunity this property provides.
Please note the external wall construction is part cavity wall construction and part timber frame. Please note this property is being sold by a connected person to .
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 Toyland,, Thorpe Fendykes, Skegness
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