2-bedroom bungalow · PE25 2RF
For saleListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A terraced bungalow positioned on 'The Green' within the popular Baythorpe Park, short walk from the town centre and the sea front.
The accommodation includes a lounge, fitted kitchen with integrated appliances, inner hall, two bedrooms and shower room.
Outside offers an enclosed rear courtyard (discretionary at the site owners permission). Additional benefits include (calor) gas central heating & uPVC double glazing.
With no upward chain to worry about viewings are available now - by appointment with Beam or the site office only.
Accommodation: A uPVC double glazed entrance door leads to: Lounge: 4.62m x 3.02m (15'2" x 9'11") , With a radiator, wall mounted central heating timer control, smoke alarm, television point, coving to ceiling and access to bedrooms bathroom and kitchen.
Kitchen: 2.72m x 2.84m (8'11" x 9'4") , Having a single drainer stainless steel sink unit and mixer tap set in work surfaces extending to provide a range of fitted base cupboards under together with matching wall mounted storage cupboards over.
Further fitted units with matching drawers and shelving with glass display cabinet over, space and plumbing for washing machine, space for fridge/freezer, integrated stainless steel electric oven with four ring ceramic hob and stainless steel extractor hood over, radiator, tile effect cushioned vinyl flooring, UPVC double glazed rear entrance door.
Bedroom Two: With a central heating radiator. Inner Lobby: With a built in storage cupboard housing Worcester gas central heating boiler, access to roof space and smoke alarm.
Bedroom One: With a central heating radiator.
Shower Room: Being part tiled with a three-piece suite comprising tiled shower cubicle with shower therein, pedestal wash basin with tile splashbacks and close coupled WC, tile effect cushioned vinyl floor covering, radiator, extractor fan.
Outside: Front: To the front of the property is a communal lawned 'green'with benches. Rear: To the rear of the property is a low maintenance enclosed courtyard area.
(It should be noted that the rear courtyard is available for use of the owner of this bungalow at the discretion of the site owners and there may be emergency access through it for the benefit of the adjacent neighbouring properties).
Buyers Notes: "Purchasers are advised that this home is subject to an 11 month occupancy clause although it should be noted that residents typically occupy their property all year round." The properties are suitable for cash buyers only and are subject to a 50 year old minimum age restriction.
Lease information: The agents understand that a 50 year lease was granted in 2010, leaving approx 34 years of the current lease.
The site owners are willing to extend the leases at any time for a charge dependant on the length of lease required.
The ground rent/maintenance charges for the upcoming year (2026) is £To Be Confirmed (including VAT). The ground rents are reviewed every 3 years.
Buyers should be aware that on resale of the property there is a repayment due to the site owner of 7.5% (+vat) of the sale price. Council Tax Band :-A
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 28 Baythorpe Park, Burgh Road, Skegness
Explore nearby