3-bedroom house · PE24 5XA
Sold STCListed 247 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A detached traditional pebble dashed family home adjacent to the beach in the coastal village of Chapel St Leonards.
The property sits in an ample sized plot and offers potential for modernisation making it ideal for a buyer requiring a project.
Benefitting from a recent full electrical re-wire, new roof, uPVC external windows and doors throughout, driveway and no onward chain.
Front Of Property - With boundaries of mature hedging, gravel driveway and concrete footpath leading to the front and rear of the property.
Utility/Entrance Porch - 6.43m x 2.01m (21'1" x 6'7") - With vinyl flooring, plumbing for washing machine, internal single glazed window to kitchen and uPVC windows to rear of the property.
Wc - With overhead cistern WC, vinyl flooring and window to the side of the property.
Kitchen - 4.60m x 2.08m (15'1" x 6'10") - With a range of base and wall units, tiled splashbacks, stainless steel sink, ceramic hob, electric double oven, oil fired boiler housed in recess, double door airing cupboard, internal single glazed window to utility/porch, part vinyl and part carpeted flooring and window to the side of the property.
Pantry - With shelving, carpeted flooring and window to the side of the property.
Hallway - With carpeted flooring and window to the side of the property Lounge - 4.32m x 4.19m (14'2" x 13'9") - With bay window to the front and window to the side of the property, built in cupboards and exposed wooden floorboards.
Bedroom One - 3.53m x 3.51m (11'7" x 11'6") - With carpeted flooring and window to front of the property.
Bedroom Two - 3.30m x 2.97m (10'10" x 9'9" ) - With carpeted flooring and window to rear of the property.
Bedroom Three - 2.97m x 2.62m (9'9" x 8'7" ) - With carpeted flooring and window to rear of the property.
Bathroom - 2.77m x 1.40m (9'1" x 4'7" ) - With double enclosed shower cubicle and direct feed shower, vanity sink unit, WC, mermaid boarded throughout, vinyl flooring and window to front of the property.
Landing - With airing cupboard, carpeted flooring and window to the side of the property.
Rear Garden - With boundaries of mature hedging, mainly laid to lawn and concrete footpath leading to the side of the property.
Timber Garage/Store - Timber garage/workshop with asbestos sheet roofing in need of renovating or removal.
Services - We understand that mains water, drainage and electricity are connected to the property. Heating is via an oil fired boiler.
Energy Performance Certificate - The property has an energy rating of 'G'.
The full report is available from the agents or by visiting Reference Number: 9940-2814-7328-9495-6451 Local Authority - Council Tax Band 'C' payable to the local Authority: East Lindsey District Council, The Hub, Mareham Road, Horncastle, Lincs.
LN9 6PH. Tel: . Tenure & Possession - The property is Freehold with vacant possession upon completion. Viewing - Viewing is strictly by appointment with the Skegness office at the address shown below.
What 3 Words - ///output.initiated.regulate
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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 Anderby Road, Chapel St. Leonards, Skegness
Explore nearby