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See how verdicts work3-bedroom bungalow · PE24 5FH
Listing removedListed 685 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Oxford Family Estates are pleased to offer a chance to purchase a great detached bungalow with 3 DOUBLE BEDROOMS.
The property is in a quiet cul-de-sac location and also benefits from backing onto the water course for fishing or watching the local wildlife.
It offers a good size kitchen with space for dining, a nice bright lounge and a walk in shower in the bathroom.
Entrance Hallway Enter into the property via a Upvc part glazed door into the hallway with doors off to all rooms. There is a large walk in airing cupboard housing the Worcester Oil fired boiler.
Wood effect flooring.
Lounge 5.49m x 3.56m (18'0" x 11'8" ) Nice bright room centred around a feature fireplace with a large Upvc double glazed window overlooking the rear garde Kitchen/Diner 5.01m x 3.56m (16'5" x 11'8" ) Good size kitchen with space for a dining area.
Units fitted to waist and eye level with 1 1/2 bowl inset stainless steel sink, built in electric oven and hob with extractor over, space and plumbing for washing machine and fridge freezer.
Upvc double glazed window overlooking the rear garden and part glazed Upvc door into the garden.
Tiled splashbacks and floor Main Bedroom 4.08m x 2.86m (13'5" x 9'5" ) Bright double bedroom with dual aspect Upvc double glazed windows to front and side elevation. Wood effect flooring.
Bedroom 2 4.08m x 3.28m (13'5" x 10'9" ) A second double bedroom with built in wardrobes. Upvc double glazed window to the front and wood effect flooring.
Bedroom 3 3.10mx 2.70m (10'2" x 8'10" ) A further double bedroom with Upvc double glazed window to front elevation.
Bathroom 2.70m x 2.13m (8'10" x 7'0" ) A good size walk in shower with a thermostatic mixer shower fitted. Pedestal wash basin and low level w/c.
Chrome heated towel rail Upvc obscure double glazed window and fully tiled walls and floor. Outside Block paved drive with parking for two vehicles and landscaped front lawn.
Gated Access down both sides of the property to the rear garden. Block paved patio and stoned rear garden. Oil tank and area to store bins. Wooden shed with outdoor power point.
Access to water course and trellising fencing. Chapel St Leonards Chapel St Leonards is a lovely sea-side village on the east coast nestled between the major resorts of Skegness and Mablethorpe.
It has a population of around 3,000 and is well known for its beautiful sandy beaches and long promenades.
During the summer months it benefits greatly from tourists creating a lovely vibrant atmosphere.
The village has a lot to offer with a wide range of shops including butchers, chemist, estate agents, co-op, spar, cafes, restaurants and pubs.
There is a village hall with a full programme of regular activities, doctors surgery, two churches and a primary school.
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
FAQ
About Elliott Way, Chapel St Leonards
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