2-bedroom bungalow · PE24 5DU
For saleListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented detached bungalow with two double bedrooms situated on a lovely corner plot in the popular market town of Burgh le Marsh.
The accommodation comprises enclosed porch, entrance hall, lounge, kitchen diner, 2 bedrooms and a shower room. There are low maintenance gardens to three sides, a concrete drive and detached garage.
The property benefits from gas central heating.
EPC Rating D EPC Rating: D ACCOMMODATION Entrance is on the side elevation via a pvc door opening to:- PORCH With tiled floor, glazed inner door to the:- HALLWAY With built in cupboard housing the hot water cylinder, access to roof space, radiator.
LOUNGE 3.35m x 5.59m With pvc bow window to the front elevation with deep sill, high level circular pvc window to the side elevation, radiator.
KITCHEN 2.69m x 3.53m With base and wall units, worksurfaces with the tiled splashbacks, inset stainless steel 1 1/2 bowl sink unit, cooker point with extractor hood above, space and plumbing for washing machine, space for fridge freezer, wall mounted Glowworm gas central heating boiler, pvc window and door to the rear elevation, arched opening to the:- DINING ROOM 2.07m x 3.36m With pvc window to the side elevation, radiator.
BEDROOM 1 2.67m x 4.27m With pvc window to the rear elevation, radiator. BEDROOM 2 2.75m x 3.33m With pvc window to the side elevation, radiator.
SHOWER ROOM 2.03m x 2.44m Fitted with a large shower enclosure with sliding glass door, vanity unit with inset hand basin and W.C with concealed cistern, part tiled walls, heated towel radiator, opaque pvc window to the side elevation.
OUTSIDE The property occupies a lovely corner plot with low maintenance gravelled gardens to the front and and side.
To the rear of the bungalow is an enclosed paved garden area which extends around to a lawned garden to the side.
A handgate opens onto the driveway and access to the:- GARAGE 2.72m x 5.03m With up and over vehicle door, light and power connected, pvc door to the rear garden.
TENURE Freehold. SERVICES The property has mains gas, electricity, water and drainage connected. Heating is via a gas central heating boiler served by radiators.
The agents have not inspected or tested any of the services or service installations and purchasers should rely on their own survey.
VIEWING By prior appointment with Newton Fallowell office in Skegness.
COUNCIL TAX Charging Authority – East Lindsey District Council Band C - 2026/27 - £2,027.31 ANTI-MONEY LAUNDERING REGULATIONS We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
There is a charge for these checks of £72 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.
We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.
AGENTS NOTES 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 Newton Fallowell 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
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 Venables Close, Burgh Le Marsh, PE24
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