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 · PE24 5NZ
Sold STCListed 133 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well positioned detached bungalow set within Stones Close, a quiet cul-de-sac location in the village of Hogsthorpe and close to the amenities of the local shop/post office and public house.
The property is offered with no onward chain and features a kitchen/breakfast room, lounge, utility, conservatory, bathroom including a separate shower cubicle, integral garage, driveway and low maintenance gardens.
Front Of Property - Approached over a tarmac driveway leading to the integral garage, front and side of the property.
Having a variety of mature shrubs within gravelled areas and boundaries of low level timber rail fencing.
Hallway - With two double built in storage/cloak cupboards (one having radiator), access to the loft space and vinyl flooring.
Lounge - 4.93m x 3.35m (16'2" x 11') - With inset fire having marble effect and wooden surround, dual aspect windows to the front and side of the property and carpeted flooring.
Kitchen - 3.78m x 3.35m (12'5" x 11') - With a range of base and wall units, tiled splashbacks, space for cooker, space for under counter fridge, space and plumbing for a dishwasher, extractor hood, stainless steel sink and mixer taps, window to the rear of the property over looking the conservatory and vinyl flooring.
Utility - With base and wall units, space and plumbing for a washing machine, internal door to the garage, window to the rear of the property and vinyl flooring.
Bedroom One - 4.37m x 2.77m (14'4" x 9'1") - With window to the rear of the property and carpeted flooring.
Bedroom Two - 2.77m x2.79m (9'1" x9'2") - With window to the front of the property and carpeted flooring.
Bathroom - With tiled shower cubicle having direct feed shower, bath, WC, sink, part tiled walls, window to the side of the property and vinyl flooring.
Conservatory - 4.42m x 2.97m (14'6" x 9'9") - Having windows to all aspects of the garden, panelled roofing, French doors to the patio area and tiled flooring.
Garage - 5.46m x 2.72m (17'11" x 8'11") - With electric roller shutter door, floor mounted oil fired boiler and window to the side of the property.
Rear Garden - Low maintenance, having areas of slabbing and gravel with boundaries of timber and composite fencing with access to the sides of the property.
Energy Performance Certificate - The property has an energy rating of 'F', the full report is available from the agents or by visiting Reference Number: 0836-9925-7600-0663-2226 Services - We understand that mains electricity, water and drainage are connected to the property, heating is via an oil fired boiler.
Local Authority - Council Tax Band 'B' payable to Local Authority: East Lindsey District Council, The Hub, Mareham Road, Horncastle, Lincs, LN9 6PH. Tel: .
Tenure & Possession - The property is Freehold with vacant possession upon completion. Viewing - Viewing is strictly by appointment with the Skegness office at the address shown below.
What 3 Words - ///surprised.peachy.cardinal
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.
Area
Agent & docs

FAQ
About Stones Close, Hogsthorpe, Skegness
Explore nearby