3-bedroom bungalow · PE25 2HZ
For saleReduced £5k (−2.2%) on 29 JulListed 195 days
Opportunity summary
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About
Summary Well presented three bedroom detached bungalow located on Melbourne Drive in Skegness, offering spacious accommodation including a lounge/diner, modern fitted kitchen, shower room, conservatory and utility lean-to.
Externally the property benefits from wrap around gardens, driveway & garage.
Description The property is accessed via a welcoming entrance which leads through to the bright and spacious lounge/diner, providing ample space for both relaxing and dining, with plenty of natural light creating a warm and inviting atmosphere.
The modern fitted kitchen offers a range of wall and base units with work surfaces over and space for appliances, making it both practical and stylish for everyday living.
There are three well proportioned bedrooms, offering flexibility for family living, guest accommodation or a home office if required.
The property also benefits from a contemporary shower room fitted with modern fixtures.
To the rear of the property is a conservatory which provides a pleasant additional reception space overlooking the garden and is ideal for enjoying the outdoor surroundings throughout the year.
A useful utility lean-to offers further storage and laundry space. Externally, the property offers wrap around gardens providing lawned and planted areas perfect for relaxing or gardening enthusiasts.
To the front there is a driveway providing off road parking which leads to the garage, offering additional parking or storage space.
This property presents a fantastic opportunity to purchase a spacious bungalow in a desirable residential area of Skegness.
Entrance Hallway Entered via Upvc door with radiator, cupboard housing Worcester boiler and leading to all other rooms.
Lounge - Diner 20' 11" x 12' 7" ( 6.38m x 3.84m ) Light & airy room with duel aspect UPVC windows, radiator & electric fire with surround.
Kitchen 9' 3" x 8' 4" ( 2.82m x 2.54m ) Modern wall, base and drawer units with worktop space over, inset sink & drainer, integrated fridge, gas hob and extractor fan, integrated oven & microwave, radiator, window to side elevation and door leading to: Utility 13' 10" x 5' 5" ( 4.22m x 1.65m ) Of upvc construction, space and plumbing for washing machine.
Ample room for further appliances or storage.
Inner Hall With loft access with drop down ladder and leads on to: Shower Room 8' 2" x 5' 6" ( 2.49m x 1.68m ) Two upvc windows, wash hand basin into inset vanity unit, low level wc, shower cubicle, tiled walls, radiator & extractor fan.
Bedroom 1 11' 3" x 10' 11" ( 3.43m x 3.33m ) Upvc window to the rear aspect, radiator, fitted wardrobe.
Bedroom 2 10' 10" x 9' 3" ( 3.30m x 2.82m ) Radiator, UPVC French doors leading to: Conservatory 7' 1" x 6' 10" ( 2.16m x 2.08m ) Of timber and upvc construction, wooden flooring, French doors to the garden.
Bedroom 3 8' 11" x 7' 11" ( 2.72m x 2.41m ) Upvc window to the side aspect & radiator.
External To the front and side are gardens laid to lawn and gravel, concrete drive leads to the single garage.
The rear garden is a low maintenance style laid to patio with two sheds, gated access to the driveway and the front garden. 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
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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 12, Melbourne Drive, SKEGNESS
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