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See how verdicts work3-bedroom bungalow · PE25 2JQ
Sold STCListed 375 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A distinctive detached bungalow set on a generous plot near to the centre of Skegness, having easy access to the local amenities and transport links.
Requiring a scheme of modernisation this property offers the potential of becoming a spacious home for anyone wanting a project.
Benefitting from off road parking, garage, outbuildings, gas central heating and no onward chain.
Front Of Property - Approached over a concrete driveway with frontage laid to grass having mature trees, shrubs and timber fencing boundaries.
Front Porch & Entrance Lobby - With glazed panels to the side of the property and internal door leading to the lobby having carpeted flooring.
Cloakroom - With sink, WC, carpeted flooring and window to the front of the property.
Lounge - 5.79m x 5.16m (19' x 16'11") - With stone effect decorative fireplace and surround, internal single glazed opaque window to the kitchen, carpeted flooring, window to the front of the property, patio doors to the rear of the property and leading to the rear porch.
Rear Porch - With glazed panels to the side and rear of the property. Utility/Side Porch - With vinyl flooring, plumbing for washing machine and access to the inner hallway and rear garden.
Inner Hallway - With carpeted flooring and built in storage cupboard.
Kitchen Breakfast Room - 4.27m x 2.36m (14' x 7'9") - With fitted bench seating breakfast area, a range of base and wall units, stainless steel sink and taps, space for cooker, space and plumbing for washing machine, extractor hood, internal single glazed opaque window to the lounge, carpeted flooring, window to the front and side of the property.
Bedroom One - 4.27m x 3.71m (14' x 12'2") - With built in double wardrobe, vanity sink unit, carpeted flooring and window to the rear.
Bedroom Two - 3.81m x 3.63m (12'6" x 11'11") - With two double fitted wardrobes, carpeted flooring and window to the side of the property.
Bedroom Three - 3.10m x 1.93m (10'2" x 6'4") - With carpeted flooring and window to the side of the property.
Bathroom - With bath, sink, WC, shower cubicle having direct feed shower over, extractor fan, floor to ceiling double storage/airing cupboard, carpeted flooring and window to the side of the property.
Rear Garden - Having boundaries of decorative brick walls, crazy paving slabbed areas with sections of lawn with a variety of mature trees and shrubs amongst flower beds.
Garage - 5.99m x 3.00m (19'8" x 9'10") - With 'up and over' door, power and light connected and single door access to the side.
Outbuildings - The property has four brick built outbuildings, two to the rear of the garage and two adjacent to the rear of the property, all having power and light connected.
Energy Performance Certificate - The property has an energy rating of 'E'.
The full report is available from the agents or by visiting Reference Number: 9310-2459-5500-2205-2551 Services - We understand that mains gas, electricity, water and drainage are connected to the property.
Local Authority - Council Tax Band 'D' payable to Local Authority: East Lindsey District Council, The Hub, Mareham Road, Horncastle, Lincs, LN9 6PH. Tel: .
Tenure & Possession - The property is Freehold with vacant possession upon completion. Viewing - Viewing is strictly by appointment with the Skegness office at the address shown below.
What 3 Words - ///bypasses.mailboxes.typed
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 Lincoln Road, Skegness
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