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See how verdicts work2-bedroom bungalow · PE24 5SL
Sold STCListed 311 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Choice Properties are pleased to offer for sale this most spacious two bedroom detached bungalow, situated in the ever sought-after seaside village of Chapel St. Leonards.
Offered with no onward chain, the property boasts a generously proportioned rear garden, off road parking and garage, and so early viewing is advised.
The generously proportioned accommodation benefits from an oil fired central heating system and mains drainage and comprises:- Entrance Hall - 2.06m x 1.45m (6'09" x 4'09") - Front uPVC door leading into the entrance hall with a fitted double storage cupboard housing the wall mounted consumer unit.
Reception Room - 3.58m x 4.34m (11'09" x 14'03") - Light and airy reception room benefiting from a lay angled bay window to front aspect and fitted with an electric wall mounted feature fireplace, TV aerial and telephone point.
Lobby - 1.24m x 2.03m (4'01" x 6'08") - With access to the loft and doors to: Bedroom 1 - 3.58m x 3.58m (11'09" x 11'09") - Spacious double bedroom with a TV aerial.
Bedroom 2 - 3.28m x 2.59m (10'09" x 8'06") - Double bedroom with a TV aerial.
Shower Room - 1.63m x 2.03m (5'04" x 6'08") - Currently fitted in a wet room design with a mains fed double shower head, hand wash basin with mixer tap and WC with dual flush button, mermaid boarded walls, an extractor fan and a heated towel rail.
Kitchen/Dining Room - 3.30m x 4.78m (10'10" x 15'08") - Fitted with a range of accessibility friendly wall and base units with worktop over, one and a half bowl stainless steel sink with drainer and mixer tap, four ring hob, integrated oven, space and plumbing for a dishwasher, space and plumbing for a washing machine, space for a freestanding under-counter fridge and freezer, two spice rack pull out cupboards, ample space for a dining table and the kit he also features a double storage cupboard housing the floor standing oil fired ‘Worcester’ boiler.
Sun Room - 2.08m x 4.22m (6'10" x 13'10") - Featuring a solid roof, triple aspect windows, a uPVC door to the garden, a TV aerial and radiator. Driveway - Providing off road parking.
Garage - Detached garage with an up and over door and side pedestrian door.
Garden - The property is fronted by a low levelled bricked wall enclosing a manageable garden area an ramped access to the front uPVC door of the property.
To the rear of the property you will find a privately enclosed garden, mostly laid to lawn with timber fencing and bricked walls to the boundaries.
The rear garden additionally benefits from a paved patio seating area, an array of well established trees and shrubs and you will also find the oil tank located in the rear garden. Tenure - Freehold.
Viewing Arrangements - Viewing by Appointment through Choice Properties, 16 South Market Place, Alford, Lincolnshire. LN13 9AE. Tel .
Opening Hours - Monday - Friday 9.00am - 5.00pm Saturday 9.00am - 3.00pm 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.
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 C.
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
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

FAQ
About Ancaster Avenue, Chapel St. Leonards, Skegness
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