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 work3-bedroom house · PE25 1AQ
For saleListed 74 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A recently renovated and well presented semi detached house located within easy walking distance of the beach, sea front, town centre entertainments & shops + North Shore golf course.
The property comprises of lounge, kitchen/diner, wc, outside storage/utility room, three bedrooms and bathroom.
The outside of the property offers driveway providing off road parking and single garage. The front garden is laid to lawn for ease of maintenance.
The rear garden offers low maintenance gravelled and paved area, lawned area and raised decked seating area.
Additional benefits include gas central heating, uPVC double glazing and new electrical wiring. With no upward chain to worry about viewings are available now - by appointment only.
Entrance Porch: Entrance porch being of UPVC double-glazed construction with entrance door and UPVC double-glazed entrance door into hallway and ceiling light point.
Hallway: Having radiator, ceiling light point, smoke alarm, consumer unit and stairs to first-floor landing.
Lounge: 3.48m x 4.32m (11'5" x 14'2") , Having a gas fire, set in fire surround, walk in bay window with radiator and ceiling light point.
Kitchen/Diner: 5.56m x 3.58m (18'3" x 11'9") , Having one and a half bowl single drainer sink unit with mixer tap over set in work surfaces extending to provide a range of base fitted storage cupboards and drawers under with matching range of wall mounted storage cupboards over, integrated four-ring electric hob with extractor fan over, integrated oven and grill, integrated microwave, space for double fridge freezer, uPVC double-glazed double doors to rear garden, uPVC door to side, wall mounted "Worcester" combination boiler, radiator, ceiling light point and inset ceiling light points.
WC: Having close coupled WC, wall mounted sink unit with mixer tap over and ceiling light point. Stairs & Landing: Having smoke alarm and ceiling light.
Bedroom One: 3.20m x 3.58m (10'6" x 11'9") , Having radiator, television point and ceiling light. Bedroom Two: 3.17m x 3.61m (10'5" x 11'10") , Having radiator, television point and ceiling light.
Bedroom Three: 2.24m x 2.51m (7'4" x 8'3") , Having radiator, television point and ceiling light.
Bathroom: 2.26m x 1.90m (7'5" x 6'3") , Having a p-shaped bath with a mixer tap over set in panels around with mains mixer shower with both directional and rainfall shower heads over plus a glass shower screen, hand wash basin set in toiletry cupboard, close coupled wc, heated towel rail, access to roof space and inset ceiling spotlights.
Outside: Front: The property is approached over a gravelled driveway, with garden path leading to the entrance porch and laid to lawn front garden for ease of maintenance.
Rear: Having low maintenance gravelled and paved area, lawned area with raised decked seating area.
Storage Room/Utility Room: Having light and electric therein with space and plumbing for washing machine.
Garage: 2.26m x 1.90m (7'5" x 6'3") , Being brick built with concrete floor, garage up and over door, fluorescent strip light and electric therein.
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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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 61, Hoylake Drive, Skegness
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