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See how verdicts work2-bedroom bungalow · PE24 5BN
Listing removedListed 91 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A semi detached bungalow located on the fringe of the sought after historic small town of Burgh le Marsh which itself boasts a range of local amenities and public transport links to the popular seaside town of Skegness.
The property comprises of kitchen, lounge, conservatory, two bedrooms and a shower room.
The outside of the property offers block paved driveway + car port offering parking for multiple cars + garage, the rear gardens are mainly laid to lawn with a range of various established shrubs and flowers.
Additional benefits include uPVC double glazing and gas central heating. With no upward chain to worry about viewings are available now - by appointment only.
Entrance Hall: , Having uPVC entrance door, access to roof space, smoke alarm, radiator, ceiling light point and built in storage cupboard.
Kitchen: 2.78m x 2.70m (9'1" x 8'10") , Having stainless steel single drainer sink unit with mixer tap over set in work surfaces extending to provide a range of base fitted cupboards and drawers under together with matching range of wall mounted cupboards over, tile splash backs to work surfaces, space and plumbing for washing machine, space for fridge/freezer, integrated four ring gas hob with extractor fan over, integrated oven, 'Ideal' combination boiler, tile flooring and inset ceiling spot lights Lounge: 4.62m x 3.35m (15'2" x 10'12") , Having electric fire set in fire surround, internet point, television point, two radiators and ceiling light point.
Bedroom One: 3.94m x 3.35m (12'11" x 10'12") , Having radiator and ceiling light point.
Bedroom Two/ Dining Room: 2.89m x 2.73m (9'6" x 8'11") , Having built in wardrobes with shelving and railing, radiator, ceiling light point and uPVC door into the conservatory.
Conservatory: 3.38m x 3.00m (11'1" x 9'10") , Being of brick and uPVC construction with television point, radiator, ceiling light point uPVC double glazed double doors leading into rear garden Bathroom: 1.97m x 1.66m (6'6" x 5'5") , Having shower cubicle with mixer shower therein set in tile surround, pedestal hand wash basin, close coupled wc, radiator and ceiling light point.
Outside: Front: , The property is approached over a pair of metal gates leading to a block paved driveway + car port the driveway also leads to the garage.
The front garden has a raised concrete slabbed patio area being ideal for flower pots and tubs.
Rear: , The rear garden is enclosed with concrete slabbed patio seating area, being mainly laid to lawn with garden pond and flower border.
Buyers Notes:: , Prospective purchasers should be aware that due to the nature of the sellers position - selling as executors, the solicitors have advised us that it is possible that a sale could take up to six months to be in a position to complete.
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
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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
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FAQ
About 54, Wainfleet Road, Skegness
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