We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom bungalow · LN12 1HL
Listing removedReduced £5k (−2.3%) on 20 MayListed 230 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*PRICED TO SELL- REDUCED BY A MOTIVATED SELLER!* Choice Properties are delighted to bring to the market this remarkably spacious three double bedroom detached bungalow with parking to the front of the property plus a garage and further parking to the rear of the bungalow.
This fantastic property is being sold by motivated sellers and is located in a quiet but central position only a short walk from the beach and shops and amenities.
Offering solar panels, generously proportioned rooms and impressive high ceilings throughout, the well maintained accommodation comprises: Entrance Porch - Door to:- Hallway - 1.30m'' x 6.02m'' (4'3'' x 19'9'') - Abundantly light hallway with loft access.
Kitchen - 2.44m'' x 3.58m'' (8'0'' x 11'9'') - Fitted with a range of wall and base units with complimentary worksurfaces over, one bowl sink unit with drainer and stainless steel mixer tap, range cooker point wit featured stainless steel extractor hood over, space for fridge/freezer, partly tiled walls, wall mounted 'Worcester' boiler, uPVC double glazed window, door to:- Utility Area - 1.83m'' x 1.30m'' (6'0'' x 4'3'') - Plumbing for a washing machine and dishwasher.
Pantry - 1.52m'' x 1.12m'' (5'0'' x 3'8'') - Providing ample storage with shelving. Reception Room - 6.17m'' x 3.58m'' (20'3'' x 11'9'') - Abundantly light reception room.
fireplace set into featured surround, TV Aerial point, telephone point, uPVC double glazed window, French double opening patio doors leading to:- Sun Room - 5.92m'' x 2.90m'' (19'5'' x 9'6'') - With uPVC double glazed windows over looking the garden, polycarbonate roof, sliding patio doors leading out into the garden.
Bedroom 1 - 3.61m'' x 4.67m'' (11'10'' x 15'4'') - Spacious double bedroom with uPVC double glazed window.
Bedroom 2 - 3.61m'' x 4.22m'' (11'10'' x 13'10'') - Spacious double bedroom with uPVC double glazed window.
Bedroom 3 - 3.58m'' x 2.54m'' (11'9'' x 8'4'') - Double bedroom with uPVC double glazed window.
Bathroom - 3.61m'' x 1.78m'' (11'10'' x 5'10'') - Fitted with a four piece suite comprising panelled bath, large shower cubicle with main waterfall shower over, wash hand basin set into vanity unit, dual flush w.c., tiled splashbacks, uPVC double glazed window.
Driveway - Providing off street parking to the front of the property. There is also an additional parking space to the rear of the property, ideal for a second car or motorhome.
Garage - Garage is located to the rear of the property. With up and over door, power and lighting, pedestrian access from the garden.
Garden - To the rear of the garden you will find a privately enclosed garden with timber fencing to the boundaries.
The garden is neatly laid to law and features plants, trees and shrubbery throughout. There are paved patio seating areas which is perfect for relaxing in the sunshine or outdoor dining.
A gate to the side of the property provides access to the rear. 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 B.
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 regulation we will ask you to provide us with formal photographic ID by way of either a passport or driving licence.
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.
Viewing Arragements - Viewing by Appointment through Choice Properties, Opening Hours - Monday to Friday 9.00 a.m. to 5.00 p.m. Saturday 9.00 a.m. to 3.00 p.m.
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.
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