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 detached house · PE24 4RS
Listing removedListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the quiet village of Croft, 'Crossroads' is a detached bungalow situated on a substantial corner plot extending to 0.25 acres (STS) overlooking the green and monument.
Having two reception rooms providing spacious living accommodation, kitchen/breakfast room, utility room, various outbuildings, uPVC windows and doors throughout, garage, driveway and offered with no onward chain.
Front Of Property - Approached via a concrete driveway leading to the front and sides of the property with boundaries of brick built dwarf walls, timber fencing and mature trees and hedging.
The front garden is predominatley laid to grass with a variety of bedding areas. Entrance Porch - With carpeted flooring and single glazed opaque timber doors leading to the hallway.
Hallway - With carpeted flooring, airing/cloak cupboard and access to the loft Lounge - 4.98m x 3.84m (16'4" x 12'7") - With brick surround working open fire place, carpeted flooring and windows to the front and side of the property.
Kitchen/Breakfast Room - 4.09m x 2.72m (13'5" x 8'11") - With a range of base and wall units, fully tiled walls throughout, space for cooker, double drainer stainless steel sink and taps, carpeted tiled flooring and window to the rear of the property.
Bedroom One - 3.84m x 3.68m (12'7" x 12'1") - With carpeted flooring and window to the front of the property.
Bedroom Two - 4.09m x 2.01m (13'5" x 6'7") - With carpeted flooring and window to the side of the property.
Dining Room/Bedroom Three - 2.92m x 2.59m (9'7" x 8'6") - With carpeted flooring and patio sliding doors to the rear of the property.
Bathroom - With bath having electric shower over, sink, WC, carpeted flooring and window to the rear of the property.
Utility/Boot Room - 4.09m x 2.39m (13'5" x 7'10") - With a range of base and wall units, tiled splashbacks, stainless sink and taps, space and plumbing for a washing machine, free standing oil fired boiler, doors and windows to the front and rear of the property.
Garage - 5.13m x 2.92m (16'10" x 9'7") - With up and over door, power and lighting.
Rear Garden - As with the front garden, the rear is mainly grassed with gravelled and paved areas and planted beds of shrubbery having boundaries of brick built walls, mature trees and timber fencing.
Outbuildings - The property benefits from a variety of outbuiliding including; concrete panelled shed, two timber sheds, timber summer house, wood store, coal bunker and a brick built store adjacent to the property having power and light.
Energy Performance Certificate - The property has an energy rating of 'E'.
The full report is available from the agents or by visiting Reference Number: 5900-8135-0822-2593-3263 Services - We understand that mains electricity and water are connected to the property.
Drainage is to a private system. Heating is via a oil fired boiler. Tenure & Possession - The property is Freehold with vacant possession upon completion.
Local Authority - Council Tax Band 'C' payable to Local Authority: East Lindsey District Council, Tedder Hall, Manby Park, Louth, Lincs, LN11 8UP. Tel: .
Viewing - Viewing is strictly by appointment with the Skegness office at the address shown below. What 3 Words - ///fiery.snowmen.widest
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 Church Lane, Croft, Skegness
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