We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom bungalow · PE25 3RY
Listing removedListed 103 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A detached bungalow tucked down a pleasant cul de sac just on the edge of town yet within walking distance of the town centre, shops, supermarkets and amenities as well as the seafront and beach.
The home offers a porch, hallway, lounge, kitchen, two bedrooms and shower room.
Outside has all been laid for ease of maintenance to front and back gardens all gravelled and paved - ideal for plant pots and tubs. There is a driveway/off road parking and a garage.
Additional benefits include gas central heating (boiler replaced may 2026) and double glazing (some units blown) + uPVC fascias.
With no upward chain to worry about, this well priced bungalow is available for viewings now - by appointment only.
Entrance Porch: Having PVC double glazed entrance door with further glazed door leading to: Entrance Hall: With a built-in cloaks cupboard.
Lounge: 4.06m x 3.45m (13'4" x 11'4") , Having two radiators.
Kitchen: 3.30m x 3.15m (10'10" x 10'4") , Having a one and a half bowl sink and drainer sink unit, range of base and wall cupboards, space and plumbing for washing machine, space for fridge and freezer, integrated electric oven with four burner gas hob over, tile splash back to work surfaces and UPVC double glazed side entrance door.
Bedroom One: 3.43m x 3.30m (11'3" x 10'10") , With a radiator.
Bedroom Two: 3.35m x 3.33m (11' x 10'11") , Having a range of fitted bedroom furniture comprising fitted wardrobes with hanging rails and shelving, matching bedside cabinets with storage cupboards above and further adjacent matching wardrobes and fitted dressing table unit, radiator.
Shower Room: 2.36m x 2.06m (7'9" x 6'9") , Having a shower cubicle with mixer shower therein, pedestal washbasin, close coupled WC, radiator and cupboard housing the Worcester gas central heating combination boiler.
Outside: Front: The property is approached over a concrete driveway providing off-road parking to the side and leading to the garage.
The front garden area has been laid to gravel for ease of maintenance with a dwarf garden wall frontage.
Rear: The rear garden has been laid to paving and gravel in a courtyard style, for ease of maintenance.
Large garden shed/store Metal shed Garage: 4.78m x 2.34m (15'8" x 7'8") , Of brick construction with concrete floor, electric remote controlled rolling door, power point, light and side personnel door leads to the garden.
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 46, Mayfield Grove, Skegness
Explore nearby
.png){kind=logo}
