3-bedroom bungalow · PE24 5UN
Sold STCListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Oxford Family Estates are delighted to bring onto the market this Detached 3 Bedroom Bungalow in the heart of the coastal village of Chapel-St-Leonards.
Set in a prime location early viewing is highly recommended and offered with NO ONWARD CHAIN. Kitchen & living areas Kitchen with sink under window overlooking conservatory and garden.
Washing machine and under counter fridge and freezer. Freestanding Belling cooker.
Leading off the kitchen is the sun room which gives access out into the garden Large lounge With 2 upvc double glazed windows to the front making the lounge feel light and airy.
An electric feature fire is installed in the fireplace.
Bedrooms and bathrooms 2 double bedrooms with built in sliding wardrobes and single 3rd bedroom could be used as a craft room, office or storage. Shower room and separate WC.
Storage and airing cupboards and loft access in hallway. Garage and outside 23 foot single garage with up and over door, power & lighting and single door from garden.
Tarmac driveway and gravel front with shallow wall leading up to gated carport.. Enclosed rear garden with greenhouse and pond.
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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We're still gathering serviced-accommodation data for this area.
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 Buckingham Drive,Chapel St. Leonards,Skegness,PE24 5UN
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