3-bedroom terraced house · PE25 3QT
Sold STCListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A mid terraced house in an ideal spot for town - just a minute's walk from a supermarket and five minutes from the town centre, sea front & beach.
The property comprises of lounge, kitchen/diner wc, three double bedrooms and bathroom. The outside of the property offers driveway providing off road parking for two vehicles.
The front garden offers garden path to front door and lawned area with a range of shrubs. The rear garden is approximately 150ft long and mainly laid to lawn with garden sheds.
With no upward chain to worry about viewings are available now - by appointment only. Entrance hallway: Having uPVC door, ceiling light point, smoke alarm.
Lounge: 3.86m x 3.63m (12'8" x 11'11") , Having built-in storage cupboard, radiator, ceiling light point, electric fire set in fire surround.
Dining Room: 3.53m x 3.25m (11'7" x 10'8") , Having a gas heater set in a fire surround, built-in storage cupboards under-stairs storage cupboard, radiator, and fluorescent strip light Kitchen: 4.98m x 1.88m (16'4" x 6'2") , Having stainless steel single drainer sink unit set in work surfaces extending to provide a range of base-fitted storage cupboards and drawers under with a matching range of wall-mounted storage cupboards over.
Space and plumbing for washing machine, 'Glow Worm' gas boiler, space for fridge/freezer and fluorescent strip light.
Rear Entrance: Having UPVC door to rear garden, built-in storage area and ceiling light point. WC: Having low level wc and ceiling light point.
Stairs & Landing: Having ceiling light point, access to roof space, built-in storage cupboard housing hot water immersion tank and ceiling light point.
Bedroom One: 2.69m x 3.66m (8'10" x 12') , Having radiator and ceiling light point.
Bedroom Two: 2.72m x 3.28m (8'11" x 10'9") , Having radiator, ceiling light point and built-in wardrobe with railing and shelving.
Bedroom Three: 2.21m x 2.62m (7'3" x 8'7") , Having radiator and ceiling light point.
Bathroom: 1.83m x 1.78m (6' x 5'10") , Having panelled bath with mixer tap over, set in tile surround, with shower head over, pedestal hand wash basin, low level WC, radiator and ceiling light point.
Outside: Front: The property is approached over a concrete driveway providing off road parking for up to two vehicles.
The front garden offers garden path to front door and a lawned area with a range of shrubs and bushes.
Rear: Having rear courtyard-stylef garden with outside tap further rear garden, having lawned areas, garden path to the bottom, garden shed. The rear garden is approximately 150ft long.
Buyers Notes: Buyers should note there is a foot path across the back of the row of terraced houses for rear access to all properties.
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 52, Wainfleet Road, Skegness
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