2-bedroom bungalow · PE24 5SB
Listing removedListed 147 days
Opportunity summary
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About
Oxford Family Estates are pleased to bring onto the market this NON STANDARD CONSTRUCTION Detached 2 Bedroom Bungalow within easy reach of shops and bus routes, refurbishment required but would be an Ideal home for someone or if your looking to down size and enjoy life in a coastal village.
The property is in easy reach of the sea front ,local shops, pub and bus routes. Kitchen & living space Ample sized kitchen extended to create space for a dining area with 4 seater dining table.
Currently fitted with a range of wall and base units with a gloss cream finish. Free standing electric oven and hob.stainless steel sink.
Go through to the long lounge with dual aspect double glazed windows and another Upvc entry door. Two storage heaters and electric fireplace.
Bedrooms & shower room Two bedrooms situated to the front providing a double and single room, serviced with electric heating.
The nearby shower room has a corner shower cubicle with Triton electric shower, low level toilet, pedestal sink and electric heated towel rail. Airing cupboard housing the hot water cylinder.
Full tiled floor and walls. Loft access. Exterior & Garden Gated front with a mixture of fencing and hedges, leads to a rubber crumb drive up to the garage.
The garage has large double wooden doors, power and lighting. To the rear of the garage is an additional utility/storage room with power and lighting.
The Front garden wraps around to the side and south facing elevation for sunshine all day.
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
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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.
Area
Agent & docs
FAQ
About Fairfield Avenue, Chapel St. Leonards, Skegness, PE24 5SB
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