2-bedroom terraced house · PE25 3PS
Sold STCListed 188 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An immaculate 2 Bedroom mid terrace house in a convenient location close to the town centre, beach and Richmond Primary School.
The accommodation comprises Entrance Porch, W.C, lovely modern Kitchen, Lounge with patio doors to the garden, 2 double Bedrooms with Dressing Room to the master and a modern family Bathroom.
The property benefits from gas central heating (new 2022), enclosed front and rear gardens and communal parking. Viewing is essential to appreciate the presentation.
EPC Rating D EPC Rating: D ACCOMMODATION Entrance is on the front elevation via a composite door to the:- PORCH With radiator, door to Kitchen and door to:- W.C With W.C, hand basin, opaque pvc window.
KITCHEN 4.17m x 5.1m Beautifully fitted with a modern range of base and wall units, wood worksurfaces with tiled splashbacks, inset 1 1/2 bowl sink unit with hose tap over, tall unit housing a built in oven and microwave, electric hob with extractor canopy above, integrated dishwasher, plumbing for washing machine, space for dryer, space for fridge freezer, breakfast bar seating area with radiator below, wall mounted T.V aerial point, 2 pvc windows to the front elevation, stairs to first floor, door to:- LOUNGE 3.3m x 4.57m With pvc patio doors opening onto the rear garden, feature chimney breast recess with inset electric stove with wooden beam and wall mounted T.V aerial point above, door to understairs storage cupboard.
FIRST FLOOR LANDING With access to roof space.
BEDROOM 1 3.03m x 3.2m With pvc window to the rear elevation, radiator, door to:- DRESSING ROOM 1.96m x 2.17m Fitted with hanging rails and shelving.
BEDROOM 2 3.25m x 3.26m With pvc window to the front elevation, radiator.
BATHROOM 1.79m x 2.31m Fitted with a L shaped bath with shower twin shower heads and screen over, vanity unit with wood block top and hand basin, W.C, part tiled walls, radiator, opaque pvc window to the front elevation.
OUTSIDE To the front is a neat garden area which is enclosed by fencing. A handgate opens onto a decked path leading to the front door and extending out to provide a seating area.
There is also a artificial lawn and barked chipped area.
The rear garden also includes a decked patio seating area, artificial lawn and a children's bark chipped play area which is enclosed by a picket fence. Garden Shed.
A gate to the bottom of the garden opens onto a public footpath. TENURE Freehold. SERVICES The property has mains gas, electricity, water and drainage connected.
Heating is via a gas central heating 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.
VIEWING By prior appointment with Newton Fallowell office in Skegness.
COUNCIL TAX Charging Authority – East Lindsey District Council Band A - 2026/27 - £1546.45 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 IS £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
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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 Gloucester Close, Skegness, PE25
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