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See how verdicts work3-bedroom bungalow · PE24 5FH
Sold STCListed 133 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** NO ONWARD CHAIN** Oxford Family Estates are delighted to offer this 3 double bedroom detached property in the popular Elliott Way area of Chapel St Leonards.
The property has a South facing garden backing on to the water courses benefiting from the short walks along the embankment to the beach & cafe as well as the pub and scenic rural walks.
With a large integral garage, En-suite master bedroom, separate lounge and dining room, oil boiler for central heating and the quiet cul-de-sac location, this property has a lot to offer and should be on the short list to view.
Note : We do not use any wide-angle lens photos, so rooms should feel as big or bigger than pictured.
Entrance Hallway 1.48m x 11.18m (4'10" x 36'8") Enter the property from the front elevation through the Upvc part double glazed door into the long 36ft hallway servicing all rooms.
With double doors to the lounge and inter Al door to the garage, storage cupboard an oft access. The property benefits from oil powered central heating with radiators throughout each room.
Lounge 4.48m x 4.71m (14'8" x 15'5") With Upvc double glazed bow window to the front elevation and electric fire set in a stone surround.
Currently laid out with 3 piece suite, display cabinet and sideboard.
Bedroom 1 4.44m max x 3.95m max (14'6" x 12'11") En-suite bedroom with ample space for wardrobes and drawers, with Upvc double glazed window to the side elevation.
En-suite 2.87m x 1.06m (9'4" x 3'5") Shower cubicle with thermostatic mixer shower, pedestal sink and low level toilet.
Fully tiled walls and floor with obscure Upvc double glazed window to the side elevation.
Bedroom 2 4.45m x 3.47m (14'7" x 11'4") Double bedroom with fitted wardrobe and dresser unit, with up and over cupboards for ample storage. Upvc double glazed window to the side elevation.
Kitchen 4.43m x 2.93m (14'6" x 9'7") Fitted with a range of wall and base units in a blue/grey, with tiled splashbacks and vinyl flooring.
Integrated Beko ceramic hob and fan oven with extractor fan above. Integrated under counter fridge, with space for a tower fridge freezer. Integrated Diplomat dishwasher.
1 & 1/2 bowl stainless steel sink under dual aspect Upvc double glazed windows to the front and side elevations. Upvc door to the rear garden.
Dining room 4.45m x 3.26m (14'7" x 10'8") Double doors off the kitchen lead to the dining room. Currently being used as a day room with addition sofa seating and four person dining set.
With Upvc double glazed sliding door to the rear garden and patio. Bedroom 3 3.15m x 2.95m (10'4" x 9'8") Double bedroom with Upvc double glazed window to the side elevation.
Useful 3rd room for family and friends or as an office/crafting space. Bathroom 3.14m x 2.06m (10'3" x 6'9") Walk-in shower enclosure with thermostatic mixer shower and gravity rain head.
Vanity unit sink and low level toilet. Fully tiled walls with laminate flooring, and obscure Upvc double glazed window to the side elevation.
Garage 2.73m x 6.50m (8'11" x 21'3") Power and lighting with electric remote controlled rolling door. Space and plumbing for washing machine and tumble dryer. With additional storage cupboard.
Outside The front of the property has a nice lawn with block paved drive and path leading up to the garage, with electric remote roller door and front door.
Gated access down the side of the property to the enclosed rear garden. With block paved patio and seating area, laid mainly to lawn.
Lovely south facing garden catching the sun most of the day, backing on to the water course. Rear garden houses the Oil tank.
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
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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 Elliott Way, Chapel St. Leonards, Skegness, PE24 5FH
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