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See how verdicts work2-bedroom bungalow · PE25 3PR
For saleListed 241 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A semi detached bungalow in a highly sought after crescent just off Richmond Drive in Skegness;- a short walk to supermarkets, a health club, Richmond school and the town centre.
The location is also handy for getting to Seacroft golf course and Gibraltar Point Nature Reserve. The property comprises of kitchen, lounge, two bedrooms and a bathroom.
The outside of the property offers long driveway providing off road parking for several vehicles plus single garage. The front garden is laid to lawn with chip slate border.
The rear garden is mainly laid to lawn with several gravelled areas being ideal for flower pots and tubs. Additional benefits include gas central heating and uPVC double glazing.
With no upward chain to worry about viewings are available now - by appointment only. Entrance Hall: Having uPVC entrance door, access to roof space, smoke alarm, ceiling light point and radiator.
Kitchen: 3.05m x 2.16m (10' x 7'1") , Having single drainer stainless steel sink unit with mixer tap over set in work surfaces extending to provide a range of base fitted storage cupboards and drawer under together with matching range of wall mounted storage cupboards over, integrated four ring hob with stainless steel extractor canopy over and integrated oven under, 'Viessmann' combination boiler, radiator and ceiling light point.
Lounge: 2.62m x 4.09m (8'7" x 13'5") , Having television point, radiator and ceiling light point. Bedroom One: 2.95m x 3.58m (9'8" x 11'9") , Having radiator and ceiling light point.
Bedroom Two: 2.77m x 2.37m (9'1" x 7'9") , Having radiator and ceiling light point Bathroom: 1.65m x 1.75m (5'5" x 5'9") , Having panelled bath set in tile surround with mixer shower over and shower screen, pedestal hand wash basin, close coupled wc, extractor fan, radiator and ceiling light point.
Outside: Front: The property is approached over a pair of metal gates leading to the driveway. The front garden is mainly laid to lawn with chip slate border being ideal for flower pots and tubs.
Side: Having concrete driveway leading down the side of the property with access to the garage.
Rear: Having gravelled area being ideal for flower tubs and pots with concrete slabbed garden path leading to lawned area with further gravelled area
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.
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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
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FAQ
About 29, Forsyth Crescent, Skegness
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