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 terraced house · LN12 1BJ
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This traditional 3-bedroom mid-terrace property has undergone a scheme of recent modernisation and provides modern styling and a 'turn-key' ready home.
With light and bright dining kitchen with modern fitted units and integrated appliances, period elements to include fire places and uPVC windows with Georgian bar features, already benefiting from gas central heating throughout and with a south-west facing garden to include external WC and brick-built garden shed, this recently renovated property with solid wood doors, recent flooring and neutral colour scheme throughout provides a move-in ready home in a great seaside location and is brought to the market with no onward chain.
Entrance Hall - 4.9m x 1.6m max x 0.8m min (16'0" x 5'2" max x 2'7 - Accessed via a uPVC front door with partially glazed obscured panes into 'L' shaped entrance hallway with integrated door mat, radiator and vinyl flooring.
Living Room - 3.9m x 3.0m (12'9" x 9'10") - With central chimney breast wall with built-in storage cupboards to the right housing electric meter and fuse box, radiator, window to the front of the property and carpeted flooring.
Dining Kitchen - 3.2m x 4.9m max (10'5" x 16'0" max) - Modern 'L'-shaped dining kitchen with kitchen to one end comprising a range of wall and base units with integrated oven, ceramic hob with illuminated integrated extractor fan over, stainless steel sink with 1.5 bowls and mixer tap, tiled splashback, space and plumbing for washing machine, radiator and to the dining end, central chimney breast wall with brick surround, hearth and wooden mantle and full height built-in storage cupboards to the left, vinyl flooring, two windows and partially glazed external door to the rear patio and garden.
There is an understairs storage (3.0m max x 0.7m) with shelving, coat hanging space and vinyl flooring.
Bathroom - 2.5m x 2.5m max (8'2" x 8'2" max) - Modern family bathroom comprising bath with electric shower over, chrome heated towel radiator, WC, wash basin with individual taps, tiled walls, electric wall mounted heater, window with partially obscure glazing to the rear of the property, vinyl flooring, full height airing cupboard with integrated shelving also housing Ideal gas combination boiler.
Gallery Landing - 3.3m x 1.4m (10'9" x 4'7") - Central split level gallery landing with loft access and carpeted flooring.
Bedroom One - 3.0m x 2.5m (9'10" x 8'2" ) - With central chimney breast wall, radiator, window to the front of the property and carpeted flooring.
Bedroom Two - 3.9m max x 2.3m (12'9" max x 7'6" ) - With radiator, window to the front of the property and carpeted flooring.
Bedroom Three - 3.3m max x 2.3m (10'9" max x 7'6") - With radiator, window with views over the rear garden and carpeted flooring.
South-West Facing Rear Garden - Low maintenance compact garden set to lawn with areas of decorative paving slab patio, slate borders, concrete hard standing and boundaries of fencing.
There is an arched passageway providing pedestrian access to the left of the property which is also shared with the neighbouring properties leading to the rear garden gate.
Traditional Brick Outbuilding - 3.9m x 2.0m (12'9" x 6'6") - Comprising garden store split into two bays accessed via uPVC door with independent fuse box, power and lighting, traditional brick flooring and further area of concrete flooring and uPVC window to the garden.
As the property already has the provision of electricity, lighting and water this would make a great additional utility space, man cave or home gym.
External Wc - 1.8m x 0.9m (5'10" x 2'11") - Combined within the traditional brick outbuilding with WC, lighting, wall tap and water meter with uPVC partially glazed door.
Additional Information - There is a right of access in favour of No. 7 Alexandra Road across the rear of the property to provide foot access to Alexandra Road.
Tenure & Possession - The property is Freehold with vacant possession upon completion. Services - We understand that mains gas, electricity, water and drainage are connected to the property.
Local Authority - Council Tax Band 'A' payable to Local Authority: East Lindsey District Council, The Hub, Mareham Road, Horncastle, Lincs, LN9 6PH. Tel: .
Energy Performance Certificate - The property has an energy rating of 'D'.
The full report is available from the agents or by visiting Reference Number: 2882-3028-8206-6067-0200 Viewing - Alford - Viewing is strictly by appointment with the Alford office at the address shown below.
Directions - From the A1104 entering Mablethorpe head towards the seafront turning left into Alexandra Road. The property can be found on the left after 100m. What3words///enveloped.insiders.double
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 Alexandra Road, Mablethorpe
Explore nearby