2-bedroom bungalow · PE25 2RF
Sold STCListed 330 days
Opportunity summary
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About
SUMMARY LEASEHOLD BUNGALOW - OVER 50'S A well-positioned 2-bed mid-terraced bungalow on the popular Baythorpe Park in Skegness. Offering two bedrooms, a shower room, lounge, and a bright sun room.
Ideal for downsizers, retirees or those seeking a coastal retreat.
DESCRIPTION LEASEHOLD BUNGALOW - OVER 50'S Located within the sought-after Baythorpe Park area in Skegness, this 2-bedroom mid-terraced leasehold bungalow presents an excellent opportunity for those looking for comfortable single-level living close to the coast.
The accommodation includes two bedrooms, a practical shower room, and a lounge providing a cosy central living space. To the rear is a bright and welcoming sun room, offering extra living space.
Externally, the property offers a low maintenance rear garden and communal parking.
This property is well-suited to retirees or anyone seeking a simple yet comfortable home within easy reach of Skegness town centre, seafront, and local amenities.
Entrance Entrance door leads into: Lounge 19' 10" x 9' 5" ( 6.05m x 2.87m ) Has a window to the front elevation and a radiator.
Kitchen 11' 9" x 9' 1" ( 3.58m x 2.77m ) Comprising of wall, base and drawer units with worktop space over Inner Hall Has a cupboard with boiler and doors into: Bedroom 1 12' 1" x 9' 8" ( 3.68m x 2.95m ) Has a radiator and doors to rear.
Bedroom 2 11' 10" x 9' 3" ( 3.61m x 2.82m ) Has a radiator and door into conservatory. Sunroom Has a window to the rear, door to the rear and a radiator.
Shower Room Has a shower, sink with vanity storage, WC, towel radiator and an opaque window. Agents Note Please note that this property is OVER 50'S ONLY & leasehold and is subject to ground rent.
For more information regarding the ground rent or leasehold, please contact the office on .
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1.
MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT.
THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS.
NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS 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
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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 Burgh Road, Skegness
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