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See how verdicts work3-bedroom bungalow · PE25 1DR
For saleReduced £5.5k (−2.1%) on 9 AugListed 171 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
HomeMove Estate Agents by Carl Smith are pleased to present to the market this well presented and sought after property with three bedrooms, located on the highly sought after “Gleneagles Development” close to North Shore Golf Club & the beach.
A haven for dog walkers with George V walk and the beachfront on the doorstep.
The property which is in good condition throughout and has been loved by the sellers still offers the opportunity to put your own stamp on it cosmetically.
Without a doubt one of the biggest attractions of this bungalow is the size of the plot which offers ample off-road parking with not only driveways but a tandem length garage and a double garage.
The driveways and pathways are resin, and the property has a garden to the rear in addition to the secret garden at the side of the property. Internally accommodation comprises hallway.
Lounge, dining kitchen, shower room and three bedrooms. Gas central heating and upvc double glazing are installed.
Entrance hall: Having UPVC entrance door and side screen, radiator, texture and coving to the ceiling, access to the roof space, built in cupboard.
Kitchen diner: Having two windows to the rear elevation, UPVC entrance door, base cupboards and drawers, along with wall mounted units, woodgrain working surfaces, tiled splashbacks, inset one and a half bowl sink, mixer tap, space for fridge freezer, plumbing for automatic washing machine, radiator, electric hob with oven below, texture and coving to the ceiling.
Lounge: Having bow window to the front elevation, texture and coving to the ceiling, radiator, fireplace with space for electric stove.
Shower room: Having window to the rear elevation, radiator, dual flush w/c in a concealed systern, vanity wash hand basin, quadrant shower enclosure with electric shower.
Bedroom one: Having window unit to the front elevation, texture and coving to the ceiling, radiator. Bedroom two: Having window unit to the rear elevation, texture and coving to the ceiling, radiator.
Bedroom three: Having window unit to the front elevation, texture and coving to the ceiling, radiator.
Outside: The rear of the property is fully enclosed with timber fencing creating a safe environment for children and pets, having artificial grass areas, gated access to the front and to the secret garden, outside tap and lighting, gravel areas.
Having a tandem length attached garage in addition to the sectional garage.
Situation: Located on the very edge of the popular “Gleneagles Development” development close to North Shore Golf Club and the beach, served by a bus route to town from Roman Bank.
General Information: Tenure: Freehold. Local Authority: East Lindsey District Council. The agency website indicates Tax band: C.
Energy Rating: tbc 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 provider s.
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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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.
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FAQ
About 1, Gleneagles Drive, Skegness
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