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See how verdicts work2-bedroom bungalow · PE24 4LH
Listing removedListed 503 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*NO ONWARD CHAIN* Oxford Family Estates are pleased to bring to the market this 2 Bed Detached Bungalow in the heart of Wainfleet.
Set in a quiet location this property has lots of potential for the FIRST TIME BUYER or someone looking to downsize. Multi vehicle drive with added bonus of carport leading to garage.
Good size living space with lounge,kitchen/diner, bathroom with walk in shower, office/small spare room leading into conservatory.Rear garden is mainly gravelled with a shed and an enclosed area which houses the oil tank.
Hallway Enter the property through Upvc door off the driveway in the L shaped hallway servicing all rooms except the conservatory. Loft access with fitted ladders.
Airing cupboard housing the electric immersion tank. Lounge 4.17m x 3.45m (13'8" x 11'3") Centred around an electric Dimplex fireplace, with wooden surround and stone hearth.
Radiator under Upvc double glazed window to the front elevation. Kitchen/Diner 5.27m x 2.27m (17'3" x 7'5") Fitted with a range of wall and base units in cream with wood effect worktops.
Bosch fridge freezer, Samsung washing machine, Hoover slimline dishwasher an integrated Neff electric oven & ceramic hob with extractor above.
Stainless steel 1 & 1/2 bowl sink under Upvc double glazed window to the front elevation.
Radiator under Upvc double glazed window to the side elevation as well as a Upvc door for sides access to the garden. Cupboard housing the Wall Star gas boiler for central heating.
Space for 4 seater dining set. Shower room 1.91m x 1.68m (6'3" x 5'6") Fitted with low level walk in shower tray and screen with Triton electric shower. Pedestal sink and low level toilet.
Heated towel rail and obscured Upvc double glazed window to the side elevation. Extractor fan and corner wall mounted cabinet.
Bedroom 1 4.48m max x 2.84m max (14'8" max x 9'3" max) Large double bedroom with recessed space containing triple and double wardrobe with matching set of drawers.
Radiator and Upvc double glazed window to the rear elevation.
Bedroom 2 / Office 2.87m x 2.37m (9'4" x 7'9") Useful 2nd room to use as required either as a small spare bedroom, previously used as an office.
With built in double cupboard, radiator and Upvc double glazed French style double doors to the conservatory.
Conservatory 3.42m x 2.93m (11'2" x 9'7") Upvc double glazed conservatory with polycarbonate roof. Ceiling light and fan. French style double doors out to rear garden and patio.
Garage 5.46m x 3.04m (17'10" x 9'11") Up and over garage door with power, lighting and side door access from the garden. Workbenches to the rear with Hotpoint tumble dryer under the counter.
Outside Patio, shed, enclosed rear garden. Laid mostly stone with defined flower beds. Oil tank behind the garage. Wainfleet Wainfleet was once an ancient port.
Known locally today for its Batemans brewery this market town boast a lot of historical features, from it LONDON STYLE terraced houses on Barkham Street,to the GRADE ll listed clock tower erected in 1899...
to the 15th century limestone Buttercross located in the market place. Still having its own railway station and UNIQUE petrol station it is well worth a visit for those interested in local history.
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
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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 Waincroft Close, Wainfleet, Skegness, PE24 4LH
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