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See how verdicts work2-bedroom bungalow · PE24 5SQ
Sold STCListed 76 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern and well presented detached bungalow with 2 double bedrooms in a lovely cul-de-sac location of this popular seaside village.
The accommodation comprises a modern re-fitted kitchen and shower room, 18ft lounge and 2 double bedrooms. The property benefits from lpg gas central heating, ample parking, garage and lawned gardens.
Viewing is essential.
EPC Rating E EPC Rating: E ACCOMMODATION Entrance in on the front elevation via a composite door to the:- KITCHEN 3.07m x 3.57m Fitted with a modern range of shaker style base and wall units, worksurfaces with upstands, inset Franke sink unit with hose mixer tap over, tall units housing a built in oven, integrated dishwasher and washing machine, wine cooler, space for fridge freezer, concealed Viessmann LPG gas central heating boiler, tiled floor, radiator, pvc windows to the front and side elevations, pvc door to the side elevation.
LOUNGE 3.0m x 5.51m With pvc windows to the front and side elevations, media wall unit with recess for TV and inset electric fire below, built in cupboards either side of the chimney breast, 2 radiators.
BEDROOM 1 2.8m x 3.62m With pvc window to the rear elevation, radiator. BEDROOM 2 2.71m x 3.64m With pvc window to the rear elevation, radiator.
BATHROOM 1.81m x 2.11m Fitted with a large walk in shower with glass screen and direct shower, hand basin in a vanity unit, W.C with concealed cistern, opaque pvc window to the side elevation, heated towel radiator.
OUTSIDE To the front is a lawned garden with gravelled shrub borders.
A concrete drive opens onto an inner gated drive which leads down the side of the property to the:- GARAGE Of sectional construction with up and over door, light and power connected.
REAR GARDEN The rear garden has a lawned area with gravelled shrub borders, concrete seating area, raised gravelled seating area. TENURE Freehold.
SERVICES The property has mains electricity, water and drainage connected. Heating is via a LPG gas fired boiler served by radiators.
The agents have not inspected or tested any of the services or service installations and purchasers should rely on their own survey.
COUNCIL TAX Charging Authority – East Lindsey District Council Band B - 2026/27 - £1,785.00 VIEWING By prior appointment with Newton Fallowell office in Skegness.
ANTI MONEY LAUNDERING REGULATIONS We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
There is a charge for these checks of £72 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.
We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.
AGENTS NOTES These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Newton Fallowell nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Church Farm Close, Chapel St. Leonards, PE24
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