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See how verdicts work1-bedroom house · PE24 5QY
For saleListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Take a look at this all year round, cosy residential chalet bungalow brought to you by Oxford Family Estates in the seaside village of Chapel St Leonards.
This beautifully presented property, with lawned grounds sits close to the glorious sandy beaches and has a 12 month residential occupation.
With its own drive, modern kitchen, covered seating area, utility room and shower room the property is fully equipped for the quiet life next to the beach.
Be sure to read the Leashold information below and contact us to arrange your viewing! Note : All room measurements are available in the floorplan in the gallery.
We do not use any wide-angle lens photos, so rooms should feel as big or bigger than pictured.
Kitchen & Lounge Open plan kitchen and lounge, with two sets of upvc double doors to the front elevation and patio. Modern fitted kitchen in gloss grey with integrated electric oven and ceramic hob.
Stainless steel sink under Upvc double glazed window to the side elevation. Space for tower fridgefreezer. Peninsular kitchen opens out to the bright lounge area.
Bedroom & shower room Double bedroom with built in sliding triple wardrobes. Shower room off the hallway with vanity unit sink, low level toilet and electric shower in mermaid board enclosure.
Utility & Outside space The chalet has a handy utility with worktop, space and plumbing for the washing machine and tumble dryer as well as a triple cupboard with sliding doors providing ample storage.
The chalet has a dedicated parking space, with ample shared parking for visitors. Concrete and slabbed paths down to the chalet and round to a patio area out the front of the double doors.
To the rear of the chalet there is a gated and fenced rear garden, with a covered veranda area ideal for some seating and enjoying the East Coast sunshine. Leasehold Ground rent £3,610 per anum.
Reviewed every 3 years, next review will be 2029. Lease term is 15 years from 17th July 2020. Current lease expires 16th July 2035.
Council tax band A applicable 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
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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 Roman Bank, Chapel St Leonards, Lincolnshire, PE24 5QY
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