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See how verdicts work3-bedroom detached house · PE25 1AA
Sold STCReduced £60k (−20%) on 26 OctListed 223 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO CHAIN. A good sized 3 Bedroom Detached House in need of improvement situated in convenient location for the town centre, beach and North Shore Golf Course.
The accommodation comprises Entrance Hall, Lounge, Study, 16ft x 15ft Conservatory, Kitchen.
To there first floor is a Master Bedroom with En-Suite & Dressing area, 2 further Bedrooms and a family Bathroom with separate W.C.
The property provides frontage parking and a lawned garden to the rear. Viewing is essential to appreciate the potential.
EPC Rating C EPC Rating: C ACCOMMODATION Entrance is on the front elevation via a pvc door with side panels leading to the:- HALLWAY With radiator, stairs to first floor with cupboard below.
LOUNGE 3.66m x 5.96m With pvc bay window to the front elevation, radiator, pvc door opening into the Conservatory, door to:- STUDY 2.38m x 5.31m With pvc window to the front elevation, pvc french doors to the rear garden, radiator.
CONSERVATORY 4.72m x 4.94m Of pvc construction on a low brick wall with opaque polycarbonate roof, tiled floor, 2 radiators.
KITCHEN 3.37m x 4.09m With base and wall units, worksurfaces with tiled splashbacks, inset stainless steel sink unit with mixer tap over, wall mounted gas central heating boiler, space for cooker, space for washing machine, door to a PANTRY and pvc door to the side elevation.
1ST FLOOR LANDING With radiator, pvc window to the front elevation, access to roof space. WC With W.C, hand basin, opaque pvc window to the side elevation.
BEDROOM 1 3.03m x 3.64m With pvc window to the front elevation, radiator.
EN-SUITE BATHROOM With corner bath, built in furniture with inset hand basin and W.C with concealed cistern, pvc window to the front elevation.
DRESSING AREA With pvc window to the rear elevation. BEDROOM 2 3.04m x 3.68m With pvc window to the rear elevation, radiator.
BEDROOM 3 2.23m x 3.42m With pvc window to the rear elevation, radiator, built in wardrobe.
BATHROOM 1.82m x 2.42m With bath with mixer tap and shower attachment over, pedestal hand basin, heated towel radiator.
OUTSIDE To the front is a low brick wall and block paved frontage for parking.
A path to the side of the house leads a W.C and to the rear garden which is mainly lawned with a Greenhouse, Summerhouse with light and power connected, timber garden shed and a concrete sectional Store.
TENURE Freehold. SERVICES The property has mains gas, electricity, water and drainage connected. Heating is via a gas central heating boiler served by radiators.
The agents have not inspected or tested any of the services or service installations and purchasers should rely on their own survey.
VIEWING By prior appointment with Newton Fallowell office in Skegness and accompanied by their personnel.
COUNCIL TAX Charging Authority – East Lindsey District Council Band C - 2025/26 - £1992.43 ANTI-MONEY LAUNDERING REGULATIONS We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.
We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.
AGENTS NOTES Please note these are draft particulars awaiting final approval from the vendor, therefore the contents within may be subject to change and must not be relied upon as an entirely accurate description of the property.
Although these particulars are thought to be materially correct, their accuracy cannot be guaranteed and they do not form part of any contract.
These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Newton Fallowell nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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 Hoylake Drive, Skegness, PE25
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