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 work2-bedroom bungalow · PE25 2EW
Listing removedReduced £10k (−6.1%) on 12 AugListed 116 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Being sold via Secure Sale online bidding. Terms & Conditions apply.
This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted.
Ultimately a transparent process which provides speed, security and certainty for all parties.
A well presented detached bungalow conveniently located in the seaside town of Skegness ideal for the town centre, beach and local amenities.
The property comprises of lounge, dining room, kitchen, utility room, two bedrooms and bathroom.
The outside of the property offers long driveway providing ample parking for several vehicles plus a single garage. The front garden is laid to concrete slabs being ideal for flower pots and tubs.
The rear garden is mainly laid to lawn with concrete slabbed patio seating areas. Viewings are available now - by appointment only.
Auctioneers Additional Comments: Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.
The advertised price is commonly referred to as a Starting Bid' or Guide Price' and is accompanied by a Reserve Price'.
The Reserve Price' is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price' / Starting Bid'. These prices are subject to change.
An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers' obligations and sellers' commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property.
The deposit will be a contribution to the purchase price.
A non-refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to 7,200 inc VAT) is also required to be paid upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained.
There is no requirement or indeed obligation to use these recommended suppliers or services.
Council Tax Band: B Tenure: Freehold Entrance Hall Having ceiling light point, access to roof space, radiator and built in storage cupboard housing 'Ideal' combination boiler.
Lounge (3.30m x 5.46m) Having radiator, ceiling light point and two wall mounted light points. Dining Room (2.49m x 2.92m) Having radiator, ceiling light point and archway into kitchen.
Kitchen (2.95m x 3.25m) Having one and a half bowl stainless steel single drainer sink unit with mixer tap over set in work surfaces extending to provide a range of base fitted storage cupboards and drawers under together with matching range of wall mounted storage cupboards over, tile splash backs to work surfaces, integrated four ring electric hob with stainless steel extractor canopy over, integrated oven, space and plumbing for washing machine, space for fridge/freezer, radiator, two ceiling light points and door into utility room.
Utility (2.57m x 1.45m) Having space and plumbing for washing machine, space for tumble dryer, work surfaces with built in storage cupboards over, inset ceiling light point, radiator, door into garage and uPVC double glazed door to rear garden.
Bedroom One (3.30m x 4.22m) Having radiator and ceiling light point. Bedroom Two (2.59m x 2.87m) Having radiator and ceiling light point.
Bathroom (1.55m x 2.11m) Having P shaped bath with mixer tap over set in tile surround with mixer shower over and shower screen, corner hand wash basin set in toiletry cupboard, low level wc, extractor fan, heated towel rail and inset ceiling light points.
Garage (2.67m x 5.08m) Being brick built with concrete floor, garage up and over door with light and electric therein.
Outside Front: The property is approached over a long concrete driveway allowing parking for several vehicles and leading to the car port.
The front garden is laid to concrete slabs being ideal for flower pots and tubs, this area could also be used as further parking.
Rear: Being mainly laid to lawn with concrete slabbed patio seating areas, pergola and gated garden path down the side of the property to the front.
Auctioneers Additional Comments Pattinson Auction are referred to as The Auctioneer.
This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer.
The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website.
The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer.
Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively.
The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price.
The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change.
An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers obligations and sellers commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price.
The deposit will form part of the purchase price.
A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs.
Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received.
There is no requirement or obligation to use any recommended suppliers or services.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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
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Area
Agent & docs
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FAQ
About 1A, Burlington Road, Skegness
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