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 work2-bedroom house · PE25 3PF
Listing removedListed 187 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description An extended semi detached bungalow ideally tucked at the bottom of a cul de sac in the popular Seacroft Fields area of town, within walking distance of supermarkets and the town centre.
Accommodation includes hallway, cloakroom/wc, lounge, conservatory, kitchen, two double bedrooms & shower room.
Outside offers a driveway & garage with low maintenance frontage and large open plan rear garden and patio.
The bungalow would benefit from some cosmetic improvements but benefits from gas central heating & uPVC double glazing.
With no upward chain to worry about, viewings are available now - by appointment. Entrance Hall: Having UPVC double glazed entrance door, tiled floor and radiator.
Cloakroom/WC: With a wall mounted hand basin, close coupled WC, tiled floor and radiator.
Kitchen: 3.15m x 3.00m (10'4" x 9'10") , Having a single drainer stainless steel sink unit and mixer tap set in work surfaces extending to provide a range of fitted base cupboards and drawers under together with wall mounted storage cupboards over, integrated electric oven and grill with cupboards above and below, inset four burner gas hob with filtered over, space and plumbing for washing machine, space for fridge/freezer, larder cupboard, space for additional fridge or tumble dryer, tiled floor, tiled splash back to work surfaces, wall mounted gas central heating boiler and UPVC double glazed side entrance door.
Lounge: 5.69m x 3.56m (18'8" x 11'8") , Having a decorative fireplace with gas fire inset, radiator, double glazed sliding patio doors to conservatory.
Conservatory: 2.62m x 2.59m (8'7" x 8'6") , With a brick base and being double glazed with a radiator, insulated roof and UPVC double glazed sliding doors to garden.
Inner Hall: Having a built-in linen/airing cupboard with radiator and access to the roof space.
Bedroom One: 4.57m x 2.87m (15' x 9'5") max to rear of wardrobes , With a range of built-in storage cupboard/wardrobes, radiator. Bedroom Two: 3.10m x 2.64m (10'2" x 8'8") , With a radiator.
Shower Room: 2.06m x 1.75m (6'9" x 5'9") , Being tiled with a three-piece suite comprising double size shower cubicle with mixer shower therein, pedestal wash basin with tiled splash backs, close coupled WC, tiled floor and radiator.
Outside: Front: The property is approached over a gravelled driveway providing off-road parking and access to the garage.
The front is the property has been gravelled for overall ease of maintenance and to provide additional parking or an ideal space for plant pots and tubs. Gated side access leads to the rear.
Rear: The expansive rear gardens have been laid initially to a very large sweeping coloured paved patio ideal for outside dining or further plant pots and tubs.
The patio in turn leads to a lawned garden with greenhouse. Rear gardens are all enclosed by fencing. Timber summerhouse.
Garage: 5.05m x 2.97m (16'7" x 9'9") , Of brick construction with concrete floor, electric remote controlled rolling door, power points, light and rear personnel door leading to garden.
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
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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
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FAQ
About 10, Ramsay Close, Skegness
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