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See how verdicts work2-bedroom bungalow · PE24 5FL
Sold STCListed 237 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Oxford Family Estates are pleased to bring onto the market this delightful 2 bedroom detached bungalow in the village of Hogsthorpe.
With lots of potential for those working from home, with its partly converted garage it is a versatile office space. Outside the mature gardens offer an inviting space to entertain family and friends.
Entrance hallway Enter through the part double the glazed door into the welcoming hallway servicing the lounge bedrooms, bathroom and utility. Loft access, which is insulated and has a light.
There is a double storage cupboard as well as an airing cupboard housing the electric boiler. Lounge Centred around the electric fireplace with a large bow window overlooking the front elevation.
Doorways to the hallway and dining room. Kitchen Fitted with a range of wall and base units in a light grey (cashmere) and stone effect worktops. Integrated electric double oven and grill.
Integrated ceramic hob with extractor hood above. Ceramic 1 &1/2 bowl sink under the Upvc double glazed window overlooking the rear garden.
Utility Space and plumbing for washing machine, tumble dryer and tower fridge freezer, with matching worktop and wall cupboards to the kitchen. Part double glazed door out to the rear garden.
Dining Separate dining room currently laid out with 4 seater dining set, sideboard and display cabinet. Upvc double glazed double doors through to the conservatory.
Bedroom 1 Large double bedroom with ample space for furniture. Radiator under Upvc double glazed window to the front elevation.
Bedroom 2 Double bedroom currently laid out with bedside cabinets wardrobe and drawers. With radiator under Upvc double glazed window to the rear elevation.
Shower Room Modern finish shower room with walk in shower enclosure and thermostatic mixer shower. Wall mounted vanity unit sink with matching storage cabinets and low level toilet.
Heated towel rail and obscure Upvc double glazed window to the rear elevation. Tiled walls and vinyl wood effect flooring.
Conservatory Upvc Double glazed conservatory with double door out the rear garden and patio area. With power and lighting, creating a nice additional seating area. Office / workshop / storage.
Converted from the garage, the front half still has the up and over garage door, with workbenches and storage fitted. The rear has been carpeted to be used as more of an office space.
Power and lighting throughout with a single door to provide access from the rear garden. Outside Wrap around gardens to nearly 3 sides of the bungalow with lots of characterful areas.
Walk through pergola intertwined with a wisteria that blossoms white. A slabbed path through a wooden arch leads to the Summer house. Mature trees including an acer.
Covered veranda provides a nice space for a patio dining set next to the log effect water feature. There are two storage sheds and multiple raised planters throughout. Gated access both sides.
Hogthorpe Hogsthorpe is a little village just less than 2 miles from the coast of Chapel St Leonards.
It has a population of around 950 and is popular with people looking for a more rural and community feel.
It has the beautiful St Marys church at the centre with a local shop with post office, a restaurant, a pub and a primary school. It is on the main routes for Skegness and Mablethorpe.
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 Wilkinson Way, Hogsthorpe, Skegness, PE24 5FL
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