1-bedroom house · PE25 2EW
Listing removedReduced £15k (−11.1%) on 21 JunListed 567 days
Opportunity summary
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About
Immediately available Semi-detached three-bedroom house, located close to the town centre, beach and amenities including supermarkets and schools. This property is ideally suited to first time buyers.
The accommodation comprises; entrance hall, spacious lounge, dining room, fitted kitchen, three bedrooms and a family bathroom.
Externally the property has a good size driveway which offers potential to add a car port or garage subject to planning. To the rear is a garden which is of a low maintenance design.
The property had a brand new boiler fitted in March 2024 which may increase the energy performance rating of this property Entrance Hall Having a upvc entrance door, texture to the ceiling, central heating radiator, stairs to the first-floor landing.
Lounge Having a upvc bay window to the front elevation, central heating radiator, texture and coving to the ceiling, stone fireplace with open fire (currently boarded up).
Dining Room Having a upvc window to the side elevation, central heating radiator, hive heating control, understairs cupboard.
Bathroom Having a upvc window to the rear elevation, low level flush wc, wash hand basin, panel bath with shower & attachment above, tiled floor and walls, extractor.
Kitchen Having a upvc window to the rear and side elevation and entrance door to the side elevation, plumbing for an automatic washing machine, space and vent for a tumble dryer, space for an American fridge freezer, inset electric cooker and induction hob with stainless steel extractor above, a selection of fitted kitchen units comprising base cupboards and draws along with matching eye level units, roll edge work tops, inset stainless steel sink unit and tiled splashbacks.
Stairs and first floor landing Having texture to the ceiling, upvc window to the side elevation.
Bedroom One Having a upvc window to the front elevation, central heating radiator, cupboard with shelving. Bedroom Two Having a upvc window to the rear elevation, central heating radiator.
Bedroom Three Having a upvc window to the rear elevation, central heating radiator, texture to the ceiling.
Outside Front Having a low-level wall, being laid to tarmac with access to the side and rear.
Side Having a resin texture driveway with timber and wrought iron gates, ideally suited for the addition of a car port subject to planning.
Rear An enclosed area laid to paved slabs with outside tap also having an additional area currently housing the hot tub (excluded from the sale) with concrete base covered with artifical grass.
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
Agent & docs
FAQ
About 2, Burlington Road, Skegness
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