2-bedroom bungalow · PE24 5EG
Sold STCListed 246 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMMARY ***NO CHAIN*** RECNTLY REDUCED Do not miss out on this2 Bed Detached Bungalow Located in the sought after area of Burgh Le Marsh! The property is only a short distance away from amenities ...
In order to arrange a viewing, please contact the branch on DESCRIPTION ***NO CHAIN*** We welcome to the market this 2 Bedroom Detached Bungalow located in Burgh Le Marsh.
In brief, the property comprises of Lounge/Diner, Kitchen, Shower Room & 2 Bedrooms. Externally, the property benefits from a Driveway to the front, Garage & Rear Garden.
The property is only a short distance away from amenities such as shops, pubs/restaurants as well as public transport links leading into surrounding areas ...
In order to arrange a viewing, please contact the branch on Entrance Hall Following from the entrance door there is loft hatch access, radiator, cupboard with water tank and doors into the following rooms: Lounge 20' 3" x 11' 11" ( 6.17m x 3.63m ) Kitchen 10' 8" x 9' 6" ( 3.25m x 2.90m ) Comprises of wall, base and drawer units with worktop space over, integrated oven, hob and dishwasher, sink, boiler, window and a door to the side.
Lean To Has a door leading into the garage and windows to the side. Bedroom One 12' 2" x 10' 11" ( 3.71m x 3.33m ) Has a radiator, window, and a built-in wardrobes.
Bedroom Two 9' 2" x 8' 11" ( 2.79m x 2.72m ) Has a window, radiator, and built-in wardrobes. Shower Room Consists of a shower, sink, WC, radiator, and an opaque window.
External To the front of the property there is a driveway. To the rear it is low maintenance and also has a shed.
Garage 17' 1" x 8' 4" ( 5.21m x 2.54m ) Has an up and over door to the front as well as an additional pedestrian door to the front. DIRECTIONS See Multi-map illustration 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
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FAQ
About Elm Crescent, Burgh Le Marsh, Skegness
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