2-bedroom bungalow · PE24 5SZ
Listing removedListed 168 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A detached bungalow positioned in a pleasant cul de sac in the popular seaside village of Chapel St Leonards- close to both the shops and the beach as well as a short walk to the North Sea Observatory & café + the coastal country park.
The property comprises of kitchen, lounge, conservatory, two bedrooms, shower room and outside storage room.
The outside of the property offer long driveway providing ample off road parking for several vehicles.
The front garden is laid to concrete slabbed patio area with flower border housing a a range of various shrubs and bushes.
The rear garden is mainly laid to lawn with patio seating area and a range of various established trees, shrubs and bushes.
With no upward chain to worry about viewings are available now - by appointment only. Entrance Porch: Having uPVC double glazed entrance doors and door to hallway.
Hallway: Having built in storage cupboard, smoke alarm, electric storage heater and ceiling light point.
Lounge: 3.35m x 4.55m (11' x 14'11") , Having decorative exposed brick fire place, electric storage heater and ceiling light point.
Kitchen: 3.38m x 2.87m (11'1" x 9'5") , 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 with 3/4 height larder cupboard, tile splash backs to work surfaces, space for cooker, electric storage heater, fluorescent strip light and door into conservatory.
Bedroom One: 3.17m x 3.33m (10'5" x 10'11") , Having electric storage heater and ceiling light point. Bedroom Two: 3.15m x 3.02m (10'4" x 9'11") , Having ceiling light point.
Shower Room: 3.15m x 3.02m (10'4" x 9'11") , Having walk in electric shower set in tile surround with non slip sealed floor, wall mounted hand wash basin, low level wc, extractor fan, airing cupboard housing hot water immersion cylinder and ceiling light point.
Conservatory: 3.25m x 7.39m (10'8" x 24'3") , Having electric storage heater, smoke alarm, fluorescent strip light, uPVC sliding door to rear garden and two side personnel doors into the garage.
Garage: 2.51m x 5.74m (8'3" x 18'10") , Being brick built with concrete floor, fluorescent strip light and electric therein, two side personnel doors and up and over electric garage door.
Storage Room: 2.26m x 1.83m (7'5" x 6') , Being brick built with electric therein.
Outside: Front: The property is approached over a long driveway offering ample off road parking for several vehicles and leads to the single garage.
The front garden is laid to concrete slabs with a flower border housing a range of various shrubs and bushes.
Rear: The rear garden is mainly laid to lawn with concrete slabbed patio seating area and garden path leading to the back of the garden.
The garden borders are filled with a range of various established shrubs, bushes and trees.
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 24, Crown Avenue, Skegness
Explore nearby