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 work4-bedroom detached house · PE24 5RX
For saleReduced £99k (−19.8%) on 26 OctListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Oxford Family Estates have the pleasure of bringing onto the market this 4 Bedroom Detached House in the seaside village of Chapel-St-Leonards.
Steeped with history as the old Police House, and with its modern finish and unique features this is a MUST VIEW property.
Ideal for those who run a business from home or are just looking to keep fit this property has the potential, with workshops, a gym space and Recovery room, including Spa Ice-bath and sauna.
Situated just 1/2 a mile from the beach in one of the most sunniest areas of the UK, get in touch today to find out more about this property.
Note : All room measurements are available in the floorplan in the gallery. We do not use any wide-angle lens photos, so rooms should feel as big or bigger than pictured.
Kitchen and living areas Step inside to discover a bright and spacious open-plan kitchen/diner, thoughtfully designed with a central island and custom bench seating.
The kitchen is well-appointed with a 1&1/2 bowl composite sink, an integrated ceramic hob, extractor, electric oven, microwave, and a convenient wine cooler.
There's also ample space and plumbing for a washing machine and an American-style double fridge.
The lounge, currently utilised as an office space, features an inviting open fireplace, offering a cosy retreat.
Bedrooms and bathroom Upstairs comprises of four well-proportioned bedrooms and the family bathroom.
The generous master bedroom boasts a walk-in wardrobe and an en-suite bathroom, complete with a corner water jet bath and an electric shower.
The second and third bedrooms are spacious doubles located at the front of the property, each benefiting from built-in wardrobes. The fourth bedroom is a versatile single room.
A separate family bathroom serves these rooms, featuring a vanity unit sink, toilet, and a bath. Ideal set up for a growing family or for those who like to have ample space for visitors to stay.
Gym & Lifestyle For those with an active lifestyle or an interest in wellness, this property boast exceptional features.
This includes a purpose-built recovery room with a Spa Ice-bath, providing both hot and cold recovery options (from 6 to 35 degrees), a shower, and a professional home sauna.
This dedicated space presents an exciting opportunity for personal fitness or even a home-based health training business.
Separately there is a room next to the kitchen, currently being used as a home gym, with ideal space for equipment and mats.
Outside & Gardens Outside, the property continues to impress with an impressive front drive, providing ample parking on a blocked paved driveway.
The large garden includes a paved patio area, perfect for the pergola, alongside raised vegetable beds for those with a green thumb.
Additional features include a workshop comprising of two sectional garages extended with a wooden section, benefiting from power, lighting, and air-conditioning.
Further workshop space is provided by a substantial 20'x12' back shed (with power, lighting, and air-conditioning), and additional storage with a 10'x10' front shed (with power and lighting).
Finally a 13'x4' lean to shed down the side of the building.
Utilities & amenities Equipped with Freehold solar panels with feed in tariff, oil fired central heating with radiators throughout and mains drainage for all modern conveniences.
Ultra-fast full fibre broadband further enhances this properties suitability for a growing family or home business opportunity.
The property is centrally located in the village a short walk to the beach, and village amenities, Chapel St Leonards Chapel St Leonards is a lovely sea-side village on the east coast nestled between the major resorts of Skegness and Mablethorpe.
It has a population of around 3,000 and is well known for its beautiful sandy beaches and long promenades.
During the summer months it benefits greatly from tourists creating a lovely vibrant atmosphere.
The village has a lot to offer with a wide range of shops including butchers, chemist, estate agents, co-op, spar, cafes, restaurants and pubs.
There is a village hall with a full programme of regular activities, doctors surgery, two churches and a primary school.
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
FAQ
About Sea Road, Chapel St. Leonards, Skegness, PE24 5RX
Explore nearby
