3-bedroom house · PE24 5RH
Listing removedReduced £5k (−1.9%) on 23 JulListed 167 days
Opportunity summary
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About
Detailed Description A deceptively spacious detached bungalow in the popular seaside village of Chapel St Leonards, within walking distance of the Chapel Point north sea observatory and the coastal country park.
The property comprises of Lounge, kitchen/diner, three double bedrooms, bathroom and one en-suite. The outside of the property offers off road parking for several vehicles.
The front garden is laid to gravel and lawn. The rear garden is mainly laid to lawn with gravelled seating area and area housing static caravan (included in the price).
Additional benefits include gas central heating (calor) and uPVC double glazing. Viewings are available now - by appointment only.
Entrance Hall: Having uPVC double glazed entrance door, two double built in storage cupboards, three radiators, and three ceiling light points.
Lounge: 4.04m x 3.96m (13'3" x 13') , Having fireplace housing multi fuel burner, walk in bay window, two radiators and ceiling light point.
Kitchen/Diner: 5.59m x 5.64m (18'4" x 18'6") , Having 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, integrated oven, space and plumbing for washing machine, space for tumble dryer, Bedroom One: 4.04m x 3.33m (13'3" x 10'11") , Having walk in bay window, radiator and ceiling light point.
En-Suite: 2.92m x 0.86m (9'7" x 2'10") , Having shown cubicle set in tile surround with electric shower therein, pedestal hand wash basin with tile splash back, close coupled wc, extractor fan, tall slimline radiator and ceiling light point.
Bedroom Two: 3.02m x 3.71m (9'11" x 12'2") , Having radiator and ceiling light point. Bedroom Three: 3.15m x 2.79m (10'4" x 9'2") , Having radiator and ceiling light point.
Bathroom: 3.38m x 2.49m (11'1" x 8'2") , Having p-shaped bath with mains mixer shower with both directional and rainfall shower heads plus a glass shower screen over set in tiled surround, hand wash basin set in toiletry cupboard, close coupled wc, heated towel rail, tall slimline radiator, extractor fan and ceiling light point.
Outside: Front: The property is approached by a gravelled d Rear: Static Caravan: Lounge: 3.63m x 5.31m (11'11" x 17'5") Kitchen: 2.79m x 2.54m (9'2" x 8'4") , Having stainless steel single drainer sink unit with mixer tap over set in work surfaces extending to provide a range of base fitted storage cupboards under together with a range of base fitted storage cupboards under together with matching range of wall mounted storage cupboards over, integrated four ring gas hob with integrated oven under, space for fridge/freezer, inset ceiling spot lights and archway to lounge.
Bedroom One: 3.63m x 2.36m (11'11" x 7'9") , Having built in storage cupboards/ wardrobes and drawers, ceiling light point and two wall mounted light points.
Bedroom Two: 1.57m x 2.39m (5'2" x 7'10") , Having built in storage cupboards and ceiling light point.
Shower Room: 1.22m x 2.82m (4' x 9'3") , Having shower cubicle, pedestal hand wash basin, close coupled wc, built in storage cupboard and ceiling light point. Balcony: 2.39m x 4.29m (7'10" x 14'1")
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
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FAQ
About The Corner, South Crescent, Skegness
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