We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work5-bedroom house · PE25 3QP
For saleReduced £15k (−7.5%) on 29 JulListed 158 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Spacious five bedroom semi-detached house located on Wainfleet Road, Skegness, offering generous living accommodation throughout.
Benefiting from a lounge, kitchen, utility room, bathroom and useful basement storage room. Externally the property offers front and rear gardens & driveway parking.
Description Situated on the popular Wainfleet Road in the seaside town of Skegness, this spacious five bedroom semi-detached home offers fantastic accommodation across multiple levels, making it an ideal purchase for families, investors or those seeking additional living space.
The property briefly comprises a lounge, fitted kitchen, separate utility room and family bathroom.
The home further benefits from five bedrooms, providing flexible accommodation suitable for larger families, home working or guest rooms.
A useful basement level storage room offers additional practicality and excellent extra storage space.
Externally, the property enjoys both front and rear gardens along with a driveway providing off-road parking. The grounds are securely fenced and gated, offering additional privacy and security.
Conveniently located close to local amenities, schools and transport links, this property offers excellent access to the town centre and seafront attractions while still providing spacious residential living.
Viewing is highly recommended to appreciate the size and potential on offer. Entrance Hall Entrance hall with radiator and staircase access.
Lounge 14' 5" x 13' 11" ( 4.39m x 4.24m ) A spacious reception room with bay window to the front elevation, and radiator.
Kitchen 12' 6" x 12' 1" ( 3.81m x 3.68m ) Fitted with wall and base units with work surfaces over incorporating sink unit and drainer.
Space for cooker, fridge/freezer, and appliances together with dining area and breakfast bar. Window to the side and rear elevation and radiator.
Utility Useful utility space with plumbing and appliance space together with additional storage. Window to side elevation.
Bedroom One 15' 1" x 11' 6" ( 4.60m x 3.51m ) A double bedroom with fitted wardrobes, radiator, and window to the front elevation.
Bedroom Two 12' 2" x 11' 7" ( 3.71m x 3.53m ) A further double bedroom with fitted wardrobes, storage units, radiator, and window to the front elevation.
Bedroom Three 10' 8" x 7' 6" ( 3.25m x 2.29m ) A single bedroom with radiator and window to the front elevation, currently utilised as office space.
Bedroom Four 14' 5" x 9' 10" ( 4.39m x 3.00m ) A spacious double bedroom with fitted storage units, radiator, and window to the side elevation.
Bedroom Five 9' 4" x 9' 2" ( 2.84m x 2.79m ) A further double bedroom with fitted wardrobes and window to the rear elevation.
Family Bathroom Fitted with panel bath, separate standing shower enclosure, wash hand basin, WC, towel radiator, and obscured window to the rear elevation.
Basement Spacious basement room offering versatile potential for storage, hobbies, or additional accommodation subject to requirements. With three double rooms, and access from the rear garden.
Front Garden Low maintenance frontage with access to the property via steps. Side gate access to rear garden.
Rear Garden Enclosed rear courtyard garden with lawned area and seating space together with access to the basement rooms.
Brick wall to one side of garden with the rest being fenced with double gate access for parking and leading to rear service road. Outbuilding for additional storage.
Parking Rear parking accessed via a driveway providing off-road parking. 1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. 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 sequence (UK) limited 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
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 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
.png)
FAQ
About 28, Wainfleet Road, Skegness
Explore nearby