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See how verdicts work1-bedroom flat · PE25 2SW
For saleListed 645 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A recently refurbished and improved basement flat offering an excellent investment property - ready to rent out.
Positioned in an ideal spot for a short walk into the town centre, with all the shops & amenities on hand. The beach and sea front is also only a five/ten minute walk away.
The apartment offers a modern fitted kitchen with open plan lounge & bedroom & modern fitted shower room. Additional benefits include electric heating and uPVC double glazing.
With no upward chain to worry about the property is available for viewings now and suitable for a quick sale if required.
UPVC entrance door (from rear): Leads to: Kitchen: 4.42m x 1.83m (14'6" x 6') , Having a single drainer stainless steel sink unit & mixer tap set in worksurfaces extending to provide a range of fitted gloss grey base cupboards and drawer under with integrated electric oven, four ring electric hob and stainless steel filter hood over, tiled splashbacks to worksurfaces, wall mounted storage cupboard housing consumer unit, space for washing machine and fridge/freezer, tile effect cushioned vinyl floor covering wall mounted electric heater smoke alarm, 2 ceiling light points uPVC double glazed entrance door.
Inner Lobby/Storage Area: Leads to shower room Shower Room: 1.85m x 1.75m (6'1" x 5'9") , Having a three piece white suite comprising tiled shower cubicle with Triton electric shower, pedestal wash basin with tiled splashbacks, close coupled wc, chrome ladder style towel rail, bathroom cabinet, ceiling light.
Lounge: 3.78m x 3.23m (12'5" x 10'7") , With electric storage heater, recess suitable for an electric fire, ceiling light point and archway to: Bedroom: 3.07m x 2.54m (10'1" x 8'4") , With a wall mounted electric heater and ceiling light point.
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.
Area
Agent & docs
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FAQ
About Basement Flat 75, Roman Bank, Skegness
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