2-bedroom bungalow · LN12 1JJ
Listing removedListed 266 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lovelles are pleased to bring to market this two bed semi detached bungalow situated in a sought after residential cul-de-sac location, the property is for sale with no onward chain.
The property comprises of Hallway, Lounge, Kitchen, , Two Bedrooms and Bathroom. Outside the property boasts a pleasant corner plot, ample parking and a detached garage.
The property would benefit greatly from some modernisation. Internal viewing highly recommended. EPC rating: D. Tenure: Freehold, Entrance 1.69m x 1.16m (5'7" x 3'10") Entry via a wooden door.
Kitchen 3.28m x 2.13m (10'9" x 7'0") Window to front elevation, fitted with a range of base and wall units with worktop over, one bowl stainless steel sink unit with drainer, space for cooker, extractor hood over, space and plumbing for washing machine.
Lounge 4.79m x 3.48m (15'9" x 11'5") Window to front elevation, feature fireplace with surround, power points, tv point and radiator.
Inner Hallway 2.97m x 0.8m (9'9" x 2'7") Entry to all rooms, two built in airing cupboards and radiator.
Bedroom One 3.77m x 2.78m (12'4" x 9'1") Window to rear elevation, double bedroom, tv point, power points , built in cupboard and radiator.
Bedroom Two 2.39m x 2.86m (7'10" x 9'5") Window to rear elevation, tv point, power point and radiator.
Bathroom 1.74m x 1.93m (5'9" x 6'4") Obscure window to side elevation , a three piece suite comprising of bath , pedestal wash hand basin , WC , tilled walls and radiator.
Rear Garden To the rear you will find a good size rear garden with fencing to all sides to define the boundary and provide privacy.
The garden is slightly overgrown laid to lawn with a variety of mature trees and shrubs. Garage Detached garage.
Front The front of the property is laid to lawn with mature trees and shrubs. There is a driveway to the side of the property.
Location Mablethorpe is a small seaside resort boasting 4 miles of unbroken sandy blue flag beaches.
The town has a variety of shops to include Greggs and Boots the majority, however being independent.
Supermarkets in Mablethorpe include the Co-op, Lidl, Lord Bros and market takes place every Thursday. There is a primary school and buses that run to Skegness and the market town of Louth.
Directions From our office Head towards Knowle Street 0.1 mile , Turn right onto High Street, High Street turns left and becomes Quebec Road ,Turn left onto Golf Road, Turn left onto Jacklin Crescent , Turn left onto Eagle Close.
The property can be found on the right hand side by our for sale board.
Services The property has mains gas, electric, water and drainage are understood to be connect but have not been tested, the purchaser should rely on their own survey to confirm this.
The Property Is Placed In Tax Band A. Lovelle Estate Agency and our partners provide a range of services to buyers, although you are free to use an alternative provider.
If you require a solicitor to handle your purchase and/or sale, we can refer you to one of the panel solicitors we use. We may receive a fee if you use their services.
If you need help arranging finance, we can refer you to the Mortgage Advice Bureau who are in-house. We may receive a fee if you use their services.
Mobile and broadband It is advised that prospective purchasers visit checker . ofcom . org . uk in order to review available wifi speeds and mobile connectivity at the property.
Agents Notes These particulars are for guidance only.
Lovelle Estate Agency, their clients and any joint agents give notice that:- They have no authority to give or make representation/warranties regarding the property, or comment on the SERVICES, TENURE, and RIGHT OF WAY of any property.
These particulars do not form part of any contract and must not be relied upon as statements or representations of fact. All measurements/areas are approximate.
The particulars including photographs and plans are for guidance only and are not necessarily comprehensive. Viewings By appointment with the Sole Agent Lovelle Estate Agency, telephone .
We recommend prior to making an appointment to view, prospective purchasers discuss any particular points likely to affect their interest in the property with one of our property consultants who have seen the property in order that you do not make a wasted journey.
How to make an Offer If you are interested in this property then it is important that you contact us at your earliest convenience.
We will require certain pieces of personal information from you in order to provide a professional service to you and our client.
The personal information you have provided to us may be shared with our client, the seller, but it will not be shared with any other third parties without your consent other than the stated reasons detailed within our privacy policy.
More information on how we hold and process your data is available on our website and you can opt-out at any time by simply contacting us.
For any offer, you wish to make we will need to establish certain details before negotiation can take place.
This is so that our vendor can make an informed choice when negotiating and accepting your offer. You will be asked to provide formal I.D.
and address verification, as required under the new Money Laundering Legislation.
EPC A copy of the full Energy Performance Certificate for this property is available upon request unless exempt.
Advisory Notes - Please be advised if you are considering purchasing a property for Buy To Let purposes, from 1st April 2018 without an EPC rated E or above it will not be possible to issue a new tenancy, or renew an existing tenancy agreement.
Mortgage Advice You might also have one or two questions for us, such as which solicitor to choose, or which mortgage lender has the best offers available for me.
We have a one-stop shop to satisfy all of these needs so please ask. Budgeting correctly and choosing the right mortgage for a move is vital.
For independent mortgage and insurance, advice call our mortgage advisor on to arrange an appointment.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Eagle Close, Mablethorpe, LN12
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