3-bedroom bungalow · PE24 4JJ
Listing removedListed 247 days
Opportunity summary
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About
Oxford Family Estates are pleased to bring to the market this 3 bedroom detached bungalow.
With "NO ONWARD CHAIN and in need of refurbishment this property is ideal for someone to put their own stamp on. Gardens are also a blank canvas.
Entrance Hallway Enter the property through the Upvc obscure double glazed door into the long L-shaped hallway servicing all rooms except the kitchen.
Radiator and loft access, and tall ceilings at 2.57m (8'5") and tall skirting boards. All carpets have already been removed throughout.
Lounge 3.64m x 3.95m (11'11" x 12'11") Radiator under Upvc double glazed window to the front elevation. Open fireplace in chimney breast to centre of the room.
Bedroom 1 3.66m x 3.64m (12'0" x 11'11") Good size square double bedroom with radiator under Upvc double glazed window to the front elevation.
Bedroom 2 3.34m x 2.46m (10'11" x 8'0") Potential for a double bedroom with radiator and Upvc double glazed window to the rear. Bedroom 3 3.66m max x 2.68m max (12'0" x 8'9") L shaped single bedroom.
Could be used as an office/craft room if needed. Radiator under Upvc double glazed window to the side elevation.
Bathroom 1.50m x 2.44m (4'11" x 8'0") Currently laid out with a panelled bath, with shower curtain and mixer shower above.
Pedestal sink and low level toilet with obscure Upvc double glazed window to the rear elevation. Fully tiled walls.
Dining room 3.62m x 3.64m (11'10" x 11'11") Recessed cupboard houses the hot water immersion tank with additional storage space.
Door leads to the kitchen, with radiator under Upvc double glazed window to the side elevation.
Kitchen 3.64m x 1.89m (11'11" x 6'2") Galley kitchen laid out with a range of wall and base units in a darker laminate finish. Tiled splash back and stainless steel sink.
Small Upvc double glazed window to the rear with space under counter for fridge and freezer. Wooden single glazed door to conservatory/ utility room.
Conservatory/utility 2.17m x 2.60m (7'1" x 8'6") Upvc double glazed conservatory with poly-carbonate roof off the kitchen to the rear.
Currently used as a utility space housing the Worcester Danes Moore oil fired boiler, with worktop, stainless steel sink and space & plumbing for a washing machine.
Upvc double glazed door to rear garden. Garage 4.52m x 6.11m (14'9" x 20'0") Wide sectional garage on concrete base with double wooden doors to front, wooden single door to side and window to rear.
Power with a separate consumer unit. Outside . The bungalow is set on a good size plot mostly laid to lawn both front and rear of the property and bordered with fencing and hedging.
A long driveway for multiple vehicles leading to a wider than average detached garage. The oil tank is located to the rear of the garage. Wainfleet Wainfleet was once an ancient port.
Known locally today for its Batemans Brewery this market town boast a lot of historical features, from its LONDON STYLE terraced houses on Barkham Street, to the GRADE ll listed clock tower erected in1899…to the 15th century limestone BUTTERCROSS located in the market place.
Still having its own railway station and UNIQUE petrol station it is well worth a visit for those interested in local history.
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
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FAQ
About Vicarage Lane, Wainfleet St. Mary, PE24.
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