3-bedroom terraced house · PE24 4PA
For saleReduced £15k (−6.3%) on 11 JulListed 371 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A well presented detached house boasting open views positioned in a pleasant country lane in the small Lincolnshire village of Croft, less than a mile from shops and amenities in Wainfleet All Saints.
The property comprises of utility room, kitchen, lounge/diner, conservatory, three bedrooms and bathroom. The outside of the property offers block paved driveway providing off road parking.
The rear garden is mainly laid to lawn with concrete slabbed patio seating area, flower borders and a range of established shrubs and trees.
Additional benefits include solar thermal panels, air source heat pump and uPCV double glazing. With viewings available now - by appointment only.
Entrance Porch: 2.54m x 1.93m (8'4" x 6'4") , Having entrance door and ceiling light point. Utility: 2.54m x 3.33m (8'4" x 10'11") , Having two ceiling light points.
Kitchen: 3.30m x 3.96m (10'10" x 13') , Having one and a half bowl stainless steel 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 together with matching wall mounted storage cupboards over, tile splash backs to work surfaces, integrated four ring electric hob with stainless steel extractor canopy over and integrated oven under, space and plumbing for washing machine, space for fridge/freezer, radiator and ceiling light point.
Hallway: Having entrance door to the side of the property, smoke alarm, ceiling light point and stairs to first floor landing.
Lounge/Diner: 5.94m x 3.56m (19'6" x 11'8") , Having log burner set in fire surround, television point, two wall mounted light points, ceiling light point, radiator and uPVC double glazed double doors into conservatory.
Conservatory: 5.46m x 2.11m (17'11" x 6'11") , Being of brick base and uPVC construction, having wall mounted light point, two electric heaters and uPVC double glazed sliding door to rear garden.
Stairs & Landing: 2.49m x 3.30m (8'2" x 10'10") , Having access to roof space, smoke alarm, ceiling light point, radiator and built in storage cupboard housing immersion hot water tank.
Bedroom One: 3.28m x 4.04m (10'9" x 13'3") , Having built in storage cupboard, built in wardrobes, drawers and shelving, radiator and ceiling light point.
Bedroom Two: 3.25m x 3.53m (10'8" x 11'7") , Having built in wardrobe, radiator and ceiling light point. Bedroom Three: 2.54m x 2.72m (8'4" x 8'11") , Having radiator and ceiling light point.
Bathroom: 2.49m x 2.49m (8'2" x 8'2") , Having a four piece bathroom suite comprising of P shaped bath with mains mixer shower over and a glass shower screen, bidet, close coupled wc, wall mounted hand wash basin, towel rail and inset ceiling spot lights.
Outside: Front: The property is approached over a block paved driveway providing off road parking for several cars and garden path leading to the rear of the property.
The front garden is low maintenance comprising of flower borders.
Rear: The rear garden offers concrete slabbed patio seating area, with flower border being ideal for flower pots and tubs, lawned area, garden shed, green house a range of established shrubs and trees.
Agents Notes: Please be aware that the current septic tank/waste management system may not comply with the new regulations relating to effluent processing as of 2020 and therefore any prospective purchaser should make their own enquiries in relation to the installation of a new biofilter processing unit.
Provision for the replacement of the septic tank has been incorporated within the price. The property benefits from solar thermal panels of which the sellers have informed us are owned outright.
Value & comps
No previous sales on record.
Returns
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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 3 The Rookery, Croft Lane, Skegness
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