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 work2-bedroom house · PE25 2LF
Listing removedListed 122 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
HomeMove Estate Agents by Carl Smith are pleased to present to the market, this ideal starter home or investment property.
Located within an area of like styled property conveniently located for local amenities including primary and secondary schools, Tesco Express, Doctors Surgery, Post Office.
The house comprises porch, entrance hall, lounge, conservatory, kitchen, two bedrooms to the first floor plus a family bathroom.
The property has a nice size rear garden along with a front garden and driveway which provides parking for two cars. Gas central heating and upvc double glazing are installed.
entrance porch Having entrance door and side screen, arch to hall, cloaks cupboard. Hallway: Having stairs to the first-floor landing, radiator, texture to ceiling.
Lounge: Having door to conservatory, texture to ceiling, dado rail, wooden effect floor covering, radiator, built in cupboard.
Conservatory: Having window to the rear and side, wooden effect floor covering, entrance door.
Kitchen: Having window to the front, entrance door to the rear, space for fridge freezer, a fitted kitchen comprising base cupboards and drawers with wall mounted units, roll edge working surfaces, tiled splashbacks, inset sink unit, radiator, breakfast bar, plumbing for automatic washing machine, space for electric cooker, texture to ceiling.
Landing: Having stairs to the ground floor, built in cupboard, texture to ceiling, access to the roof space, window to the front.
Bedroom one Having two windows to the rear elevation, texture and coving, walk in wardrobe, radiator. Bedroom two: Having window to the rear elevation, radiator, texture to ceiling.
Bathroom: Having window to the front elevation, texture to ceiling, chrome effect heated towel rail, p shape bath with shower above, part tiled walls, low level flush wc, pedestal wash hand basin.
Outside space: The property has a good, family size rear garden, mainly laid to lawn with patio area and fencing to the boundary.
The front of the property is laid to gravel with a driveway providing off road parking for two cars.
Situation: Skegness is the principal Lincolnshire coastal resort with a resident population of around 20,000 persons increasing substantially in the summer months with the influx of holidaymakers and day visitors.
It is some 40 miles east and south of Lincoln and Grimsby respectively with main communication links via the A52 & A158 roads to the south and Midlands.
General Information Local Authority East Lindsey District Council. The agency website indicates Tax band C.
Energy Rating: Tbc Carl Smith, HomeMove Lincolnshire: Carl joined the HomeMove team in 2021, bringing over 20 years of experience in the property industry and more than 15 years of managing estate agency branches across Skegness, Louth, and Grantham.
With his comprehensive understanding of the Lincolnshire property market, Carl is proud to be considered a local expert.
In 2025, HomeMove Lincolnshire was proudly recognised as the estas Winner for ‘Best Agent in the PE25’ postcode. Feel free to reach out to Carl for professional property advice and support.
* When you make an offer on a property, we are required by law to carry out id and Financial verification checks.
As part of this we will need to see documents including Proof of id, Address and Financial Statements and we will carry out a ‘SmartSearch’ chargeable at £15.00 per buyer.
HomeMove Estate Agents may be paid a referral fee for introducing clients to their preferred EPC, Conveyancing, Survey and Mortgage service providers.
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
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FAQ
About 2, St. Matthews Close, Skegness
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