2-bedroom bungalow · LN12 1BQ
Listing removedListed 253 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Choice Properties are delighted to bring to the market this fantastic two bedroom semi detached bungalow located in a quiet residential position only a short walk from the town centre and beach.
The property further benefits from both driveway with garage and has an attractive and generously sized garden to the rear. Early viewing is highly advised!
The well maintained internal accommodation comprises: Porch - With door to:- Inner Lobby - 0.79m''' x 0.97m'' (2'7''' x 3'2'') - Doors to: Kitchen - 3.99m'' x 2.26m'' (13'1'' x 7'5'') - Fitted with wall and base units with work surfaces over, stainless steel sink unit and drainer, cooker point, plumbing for washing machine, space for freestanding fridge/freezer, wall mounted 'Worcester' boiler.
Reception Room - 5.16m'' x 3.33m'' (16'11'' x 10'11'') - Light and airy reception room. TV aerial point. Gas fire. Sun Room - 1.78m'' x 2.31m'' (5'10'' x 7'7'') - Polycarbonate roof.
uPVC patio door to the garden. Bedroom 1 - 3.00m'' x 3.20m'' (9'10'' x 10'6'') - Spacious double bedroom. Bedroom 2 - 3.96m'' x 2.34m'' (13'0'' x 7'8'') - Spacious double bedroom.
Sliding doors to conservatory. Shower Room - 2.01m'' x 2.24m'' (6'7'' x 7'4'') - Fitted with shower enclosure with mains fed shower over, hand wash basin and wc. Part tiled walls.
Driveway - Paved and gravelled driveway providing off road parking. Garage - 4.88m'' x 2.39m'' (16'0'' x 7'10'') - With up and over door, power and lighting, pedestrian door to the side aspect.
Garden - To the rear of the property you will find a privately enclosed and generously sized garden with timber fencing to the boundaries.
The garden is mostly laid to lawn and features an abundance of plants, trees and shrubbery to the borders. There is also a paved seating area with featured pergola over.
Gates to the side of the bungalow provide access to the front. Tenure - Freehold Opening Hours - Monday to Friday 9.00 a.m. to 5.00 p.m. Saturday 9.00 a.m. to 3.00 p.m.
Making An Offer - If you are interested in making an offer on this property please have a chat with us and we will be happy to start the negotiations for you.
Under money laundering regulations we will ask you to provide us with formal photographic ID by way of either a passport or driving licence together with a current utility bill.
If you are travelling from afar we would advise bringing this documentation with you just in case this home is perfect for you.
We would also like to make you aware that we will require details of your estate agents, proof of funds should you be a cash buyer and solicitors details, as this helps us to start the transaction quickly for you.
Viewing Arrangements - Viewing by Appointment through Choice Properties, Mablethorpe - Tel Council Tax Band - Local Authority - East Lindsey District Council, The Hub, Mareham Road, Horncastle, Lincolnshire, LN9 6PH Tel.
No. Website: Council Tax Band - According to the Valuation Office Agency Website the property is currently in Council Tax Band A.
Choice Properties have not tested any included apparatus, equipment, fixtures, fittings, central heating systems or services mentioned in these particulars and purchasers are advised to satisfy themselves as to their working order and condition.
Buyers are strongly advised to obtain verification from their Solicitor or Surveyor regarding the working order and condition of all the items included.
These particulars do not constitute, nor constitute any part of, an offer or contract.
All statements contained in these particulars as to this property are made without responsibility on the part of Choice Properties or the vendors or lessors.
None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact.
All measurements have been taken as a guide to prospective buyers only, and are approximate.
Any intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in these particulars The vendors do not make or give and neither Choice Properties nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to this property.
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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