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See how verdicts work3-bedroom bungalow · PE24 5HR
For saleReduced £5k (−1.7%) on 28 AugListed 88 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
HomeMove Estate Agents by Carl Smith are delighted to offer for sale this spacious, immaculate, turnkey condition bungalow, which is located within the small, friendly village of Orby, away from the busier towns.
The village has its own local pub and is under two miles away from the well served small town of Burgh Le Marsh.
Being located only a few miles from the edge of the rolling hills of the Lincolnshire Wolds (an area of outstanding natural beauty) in addition to being close to the Wolds the property is situated just six miles away from the Lincolnshire coastal town of Skegness with its large array of attractions and miles of golden sandy beach.
Skegness has bus and train connections to Lincoln & Nottingham.
Accommodation: Entrance is on the front elevation via an open verandah to: - entrance hall: Being of an L shape with entrance door and twin side screen, radiator, coving to the ceiling, downlights, built in storage.
Fitted kitchen: Having entrance door and window to the rear elevation, tiled floor, space for American fridge freezer, space for breakfast table, coving to the ceiling, downlights, plumbing for automatic washing machine, space for dryer, fitted with a modern range of base and wall units with roll edge worksurfaces and tiled splashbacks, inset sink unit with mixer tap, Hotpoint electric double oven and induction hob with stainless steel extractor above, radiator.
Lounge diner: With windows to the front and side elevations, coloured glass block window to the hallway, two radiators, wall light points, modern feature fireplace.
Bedroom 1: With window to the front elevation, radiator, coving to the ceiling. Bedroom 2: With window to the rear elevation, radiator, coving to the ceiling.
Bedroom 3: With window to the rear elevation, radiator, coving to the ceiling.
Shower room: Having window to the rear elevation, touch control modern mirror, coving to the ceiling, downlights, modern tiled floor and walls, vanity wash hand basin, concealed system wc, vertical ladder radiator, extractor, large shower enclosure with mains fed shower and extractor.
Garage: 15’11 X 9’10 Having up and over door, concrete floor, up and over door and electricity connected.
Outside: The front of the property has a good-sized shaped lawn area with young shrubs and bushes set with a sweeping gravel driveway providing ample off-road parking.
The rear of the property is fully enclosed with fencing having gated access either side creating a safe and secure environment for children or pets, being mainly laid to lawn with a decked are and concrete walkway.
To the rear of the garden are countryside views.
Situation: Orby is a small village located approximately six miles from Skegness, Skegness is the principal Lincolnshire coastal resort with a resident population of around 20,000 persons increasing substantially in the summer months with the influx of holidaymakers and day visitors.
It is some 40 miles east and south of Lincoln and Grimsby respectively with main communication links via the A52 & A158 roads to the south and Midlands. General Information: Tenure: Freehold.
Local Authority: East Lindsey District Council. The agency website indicates Tax band: C.
Energy Rating: D Carl Smith, HomeMove Lincolnshire: Carl joined the HomeMove team in 2021, bringing over 20 years of experience in the property industry and more than 15 years of managing estate agency branches across Skegness, Louth, and Grantham.
With his comprehensive understanding of the Lincolnshire property market, Carl is proud to be considered a local expert.
In 2025, HomeMove Lincolnshire was proudly recognised as the estas Winner for ‘Best Agent in the PE25’ postcode. Feel free to reach out to Carl for professional property advice and support.
* When you make an offer on a property, we are required by law to carry out id and Financial verification checks.
As part of this we will need to see documents including Proof of id, Address and Financial Statements and we will carry out a ‘SmartSearch’ chargeable at £15.00 per buyer.
HomeMove Estate Agents may be paid a referral fee for introducing clients to their preferred EPC, Conveyancing, Survey and Mortgage service providers.
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.
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FAQ
About EL GRANDEE, Burgh Road, Skegness
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