2-bedroom bungalow · PE24 5XR
For saleListed 247 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
It is a pleasure for Choice Properties to bring to the market this most beautifully presented two bedroom detached bungalow situated in the ever sough after location of Grace Crescent in Anderby Creek.
Neighbouring the idyllic lake at Grace Crescent and only a stone's throw from the beach, this charming property has undergone a number of tasteful renovations, as well as offering ample off road parking with an expansive driveway, an easy to maintain garden area and is further offered with no onward chain.
Entrance Porch/Utility Area - 3.58m x 1.73m (11'09" x 5'08") - Front uPVC door leasing into the entrance porch/utility area; benefiting from double aspect windows and featuring laminate flooring, space for a tumble dryer, space and plumbing for a washing machine and a door to: Kitchen/Dining Room - 7.70m x 2.51m (25'03" x 8'03") - Fitted with a range of wall and base units with worktop over, one bowl ceramic butler sink with mixer tap, four ring induction hob, integrated fridge/freezer, electric oven, integrated microwave, built in larder cupboard, inset spot lighting, laminate flooring, ample dining space, two sets of uPVC sliding patio doors and a door to: Reception Room - 4.50m x 4.09m (14'09" x 13'05") - Light and airy reception room benefiting from double aspect windows and sliding uPVC patio doors to front aspect and featuring a TV aerial, newly laid carpets and a tiled hearth for a freestanding electric feature fireplace.
Lobby - 1.24m x 1.35m (4'01" x 4'05") - With newly laid carpets and doors to: Bedroom 1 - 4.37m x 2.67m (14'04" x 8'09") - Spacious double bedroom with newly laid carpets, a TV aerial and fitted drawers and double wardrobes.
Bedroom 2 - 2.69m x 2.69m (8'10" x 8'10") - Double bedroom with a fitted single bed and fitted bunk beds, as well as newly laid carpets and two fitted cupboards; one housing the tankless electric water heater and the wall mounted consumer unit.
Shower Room - 3.00m x 1.73m (9'10" x 5'08") - Fitted with a three piece suite comprising a shower cubicle with electric ‘Aquas’ shower over, pedestal hand wash basin with single hot and cold taps and WC with dual flush button, partly tiled walls, a ‘Manrose’ extractor fan, wall mounted ‘Dimplex’ heater and a built in storage cupboard with shelving.
Driveway - Expansive driveway providing ample off road parking for multiple vehicles. Garden - The property sits on a generously sized plot.
The grounds surrounding the bungalow are of low maintenance; paved or laid with shingle with low level and well established hedging and timber fencing to the boundaries.
To the rear of the property you will find a useful an sizeable timber shed. Tenure - Freehold. Viewing Arrangements - By appointment through Choice Properties on .
Opening Hours - Monday to Friday 9.00 a.m to 5.00 p.m. Saturday 9.00 a.m. to 3.00 p.m.
Making An Offer - If you are interested in making an offer on this property please have a chat with us and we will be happy to start the negotiations for you.
Under money laundering regulation we will ask you to provide us with formal photographic ID by way of either a passport or driving licence.
If you are travelling from afar we would advise bringing this documentation with you just in case this home is perfect for you.
We would also like to make you aware that we will require details of your estate agents, proof of funds should you be a cash buyer and solicitors details, as this helps us to start the transaction quickly for you.
Council Tax Band - Local Authority - East Lindsey District Council, The Hub, Mareham Road, Horncastle, Lincolnshire, LN9 6PH Tel. No.
Website: Council Tax Band - According to the Valuation Office Agency Website the property is currently in Council Tax Band A.
Value & comps
No previous sales on record.
Returns
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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 Grace Crescent, Anderby Creek, Skegness
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