3-bedroom bungalow · PE24 5SN
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A detached bungalow 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, dining room, utility, conservatory, three bedrooms with en-suite wc to master and shower room.
The outside of the property has driveway providing off road parking for several vehicles with a low maintenance front garden being laid to gravel with flower border.
The rear garden offers concrete slabbed patio seating area, lawned area and large garden shed. Additional benefits include electric heating and uPVC double glazing.
With viewings available now - by appointment only. Entrance Hall: Having uPVC double glazed entrance door, ceiling light point and smoke alarm.
Inner Hallway: Having access to rood space, built in storage cupboard and two ceiling light points.
Kitchen: 2.18m x 5.13m (7'2" x 16'10") , Having one and a half bowl 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, tile splash backs to work surfaces, integrated four ring electric hob with stainless steel extractor canopy over, integrated oven, space and plumbing for washing machine, space for fridge/freezer, built in storage cupboard housing hot water immersion tank, electric radiator, two ceiling light points and uPVC double glazed door to utility room.
Utility Room: 2.69m x 1.55m (8'10" x 5'1") , Having work surfaces with space for tumble dryer under, wall mounted light point and uPVC double glazed double doors to rear conservatory.
Conservatory: 5.28m x 1.60m (17'4" x 5'3") , Being of uPVC construction with uPVC double glazed double doors to rear garden and wall mounted light point.
Lounge: 3.33m x 4.88m (10'11" x 16') , Having brick fire surround, two electric storage heaters, walk in bay window two wall mounted light points, ceiling light point and feature archway into dining room.
Dining Room: 2.31m x 3.25m (7'7" x 10'8") , Having electric storage heater and ceiling light point. Bedroom One: 2.92m x 4.27m (9'7" x 14') , Having electric heater and ceiling light point .
En-Suite: Having close coupled wc, pedestal hand wash basin, with mirrored cabinet over, extractor fan and ceiling light point.
Bedroom Two: 2.72m x 3.71m (8'11" x 12'2") , Having electric heater and ceiling light point.
Bedroom Three: 2.24m x 2.97m (7'4" x 9'9") , Having built in wardrobes, electric heater, smoke alarm and ceiling light point.
Shower Room: 2.26m x 1.47m (7'5" x 4'10") , Being fully tiled and having a three piece suite comprising of walk in double shower cubicle with electric shower therein, close coupled wc, pedestal hand wash fan, extractor fan and ceiling light point.
Outside: Front: The property is approached by a pair of wooden gates leading to the concrete driveway providing off road parking for several vehicles and car port.
The front garden is laid to gravel for ease of maintenance with flower border.
Rear: Having concrete slabbed patio seating area, lawned area, large garden shed, raised vegetable planter and side access.
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
FAQ
About Ancaster Avenue, Skegness
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