3-bedroom bungalow · PE24 5UU
Listing removedListed 415 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Oxford Family Estates are delighted to be able to offer the chance to acquire a large detached bungalow in a quiet cul-de-sac location only steps away from the sea front and observatory in Chapel st Leonards.
It benefits from 3 bedrooms, 2 bathrooms, 2 lounges, a dining room and a store room. Offering so much potential for someone looking for more space or versatility in the perfect location.
There is also a garage a workshop and 2 sheds. Viewing is highly recommended to fully appreciate it and it is chain free.
Entrance Hallway Enter into the property via an open porch way with a Upvc double glazed door into a nice large hallway.
There is a built in storage cupboard and double doors leading into the lounge and doors off to other rooms.
Lounge 5.43m x 4.24m (17'10" x 13'11) Good size lounge with a large bow window to the front elevation a second window overlooking the side driveway.
The room is centred around an open working fire with tiled sides and a wooden surround.
Kitchen 3.30m x 2,81m (10'10" x 9'3") Fitted with a range of wall and base units and pull out larder cupboard with wooden worktops and a ceramic Belfast sink set under a Upvc double glazed window to the side elevation.
There is an integrated fridge and freezer, Beko electric oven and separate hob with extractor over. All complemented with tiled splash-backs.
Door off into the integral garage which also serves as a utility area.
Sitting Room 3.79m x 3.01m (12'5" x 9'11") Currently used as a second sitting room but could have multiple uses leading with an archway into the dining room.
Dining Room 4.19m x 3.57m (13'9" x 11'9") Currently used as a dining room with French style Upvc double glazed doors leading out into the garden and a Upvc double glazed window also overlooking the garden.
There are doors off to 2 of the bedrooms and the walk in store room and a sky light to add extra light.
Walk in Store A versatile room currently used for storage with a Upvc double glazed window to the rear elevation.
Bedroom 1 4.35m x 4.06m (14'3" x 13'4") Double bedroom with built in wardrobes with concealed drawers. Upvc double glazed window to rear garden and door to en-suite.
En-Suite Comprising off a vanity sink unit, low level w/c and walk in shower with a thermostatic mixer shower fitted. Tiled walls and floor. Obscure Upvc double glazed window to side elevation.
Bedroom 2 3.97m x 3.34m (13' x 10'11") Double bedroom with triple built in wardrobes, bedside cabinets and cupboards above the bed. Window into bedroom 3.
Bedroom 3 4.31m x 2.45m (14'2" x 8'1") Currently used as a home gym and a hobbies room.
Bathroom 2.46m max x 2.34m max (8' x 7'8") Comprising a vanity sink unit, bath and separate walk in shower with a thermostatic mixer shower fitted. Mermaid boarding all round and a tiled floor.
Obscure Upvc double glazed window to the side elevation. Separate Toilet A large range of vanity cupboards and drawers with inset basin and toilet. Mermaid boarding to all walls and tiled floor.
Obscure Upvc double glazed window to side elevation. Garage 5.54m x 2.98m (21'9" x 9'9") Electric roller shutter door and Obscure double glazed window to side elevation.
Space and plumbing for a washing machine, tumble dryer and freezer. Work bench and storage cupboards. Worcester oil boiler for the heating and water.
Outside The front of the property has a large driveway leading up to the garage with ample parking for several vehicles and a lawn to one side. There is a boarded area concealing the oil tank.
There is a gated walkway to both sides of the property. The rear garden has a lovely wooden Pagoda as the main feature providing seating and dining area. There is a large workshop and a metal shed.
Slate covered borders with various shrubs planted. There is a fenced of fpart of the garden which provides a further patio area and another metal shed and fruit trees.
The garden is surrounded with 6' fencing and is secure and private.
Chapel St Leonards Chapel St Leonards is a lovely sea-side village on the east coast nestled between the major resorts of Skegness and Mablethorpe.
It has a population of around 3,000 and is well known for its beautiful sandy beaches and long promenades.
During the summer months it benefits greatly from tourists creating a lovely vibrant atmosphere.The village has a lot to offer with a wide range of shops including butchers, chemist, estate agents, co-op, spar, cafes, restaurants and pubs.
There is a village hall with a full programme of regular activities, doctors surgery, two churches and a primary school.
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 advisors 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 Chapel Close, Chapel St. Leonards, Skegness, PE24 5UU
Explore nearby