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See how verdicts work2-bedroom bungalow · PE24 5XR
No longer listedListed 390 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Full Description Lovely & homely freehold lakeside chalet bungalow in the quiet seaside hamlet of Anderby Creek on the east coast of Lincolnshire.
Currently used as an Airbnb rental property with a yield of around 10% per annum with potential to increase alongside owner use.
Or of course, it could be lived in full time with no occupancy restrictions. No chain, property comes fully furnished with everything included in the sale. Council tax band A.
**enquiries** For all enquiries, viewing requests or to create your own listing please visit the Emoov website.
If calling, please quote reference: S5495 Dining/Living/Kitchen (7.03m x 2.75m) Living room with newly installed panoramic patio doors looking on to the enclosed garden and adjoining lake.
Fantastic log burner for cosy nights in. Dining table and kitchen area all within the same space, doors leading off to hallway & second bedroom. Two electric heaters.
Second Bedroom (2.74m x 2.01m) Second bedroom to front of property with garden views and bunkbeds with full-sized double below and single above. Fitted wall lights with built-in usb chargers.
Thermostatically controlled electric heater. Hallway (1.3m x 1.0m) Hallway leading to WC/shower room and main bedroom. Cupboard with water tank and solar controller.
Main Bedroom (2.75m x 2.75m) Main bedroom with fitted wardrobe and view to rear looking across the fabulous lake. Thermostatically controlled electric heater.
Bathroom (2.4m x 1.5m) Enclosed combi shower, WC, wash basin and heated towel rail.
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 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 26 Grace Crescent, Skegness
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