2-bedroom house · PE24 4EQ
Listing removedListed 606 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A spacious semi detached house with beautiful views over open fields to the front and only a short stroll to the local amenities.
The property comprises of lounge, kitchen, dining room, two/three bedrooms and two shower rooms. The outside of the property offers off road parking and single garage.
The front garden is laid to gravel being ideal for flower pots and tubs. The rear garden being mainly laid to lawn with raised patio seating area.
Additional benefits include oil central heating and uPVC double glazing. Viewings available now - by appointment only.
Entrance Hall: , Having uPVC entrance door, stairs to first floor landing, radiator and ceiling light point.
Lounge: 4.50m x 3.38m (14'9" x 11'1") , Having electric fire set in fire surround, television point, radiator two wall mounted light points and ceiling light point.
Kitchen: 4.41m x 5.27m (14'6" x 17'3" max) L shaped , Having one and a half bowl 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 drawer under together with matching range of wall mounted storage cupboards over, integrated four ring electric hob with extractor hood over and integrated oven under, integrated dishwasher, space and plumbing for washing machine, space for fridge/freezer, unsure stair storage cupboard, 'Grant' oil boiler, radiator, two ceiling light points and door to the rear entrance porch.
Rear Entrance Porch: , Being of brick and uPVC construction with space for tumble dryer and uPVC door to rear garden.
Dining Room/Bedroom Three: 3.33m x 3.37m (10'11" x 11'1") , Having television point, radiator and ceiling light point.
Shower Room: 2.32m x 2.02m (7'7" x 6'8") , Having walk in shower with mixer shower therein set in mermaid style boarding, close coupled wc, pedestal hand wash basin, radiator and ceiling light point.
Landing: , Having access to roof space, built in storage cupboard, smoke alarm and ceiling light point.
Bedroom One: 4.04m x 3.48m (13'3" x 11'5") , Having radiator, wall mounted light point and ceiling light point.
Bedroom Two: 3.00m x 2.73m (9'10" x 8'11") , Having built in airing cupboard housing immersion tank, radiator, wall mounted light point and ceiling light point.
Shower Room: 3.04m x 2.22m (9' x 7'3") , Having shower cubicle with 'Triton' electric shower therein set in tile surround, close coupled wc, pedestal hand wash basin, extractor fan, radiator and ceiling light point.
Outside: Front: , The property is approached over a pair of metal gates leading to off road parking and single garage.
The front garden is laid to gravel having various established shrubs and bushes and being ideal for flower pots and tubs.
Rear: , The rear garden is mainly laid to lawn with raised patio seating area, established trees and rear entrance garden gate.
Garage: 5.51m x 2.64m (18'1" x 8'8") , Being of brick construction with concrete floor, having uPVC side door, uPVC rear door, electric within and inset ceiling spotlights
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
Agent & docs
FAQ
About 1, Northolme, Skegness
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