Latest Valuation
£185,000
ROCE
%
Selling Agent
Sourced Barnsley

20% BMV – 3 Bed Detached Bungalow in Skegness

Extended 3 Bed Detached Bungalow
Guide Price
£148,000

Share this page

Message Agent





Key Features

  • Guaranteed 20% BMV
  • Great Location
  • Close By Amenities
  • Schools Close By
  • Gas Central Heating
  • Large Driveway

The Property

This is a great opportunity to purchase a very large, extended 3 bed detached bungalow in a very popular area surrounded by amenities at a discounted price. This would make a great rental property with minimal work needing doing to the property. Would also make a great resale property for someone looking for a quick flip deal.

This property would be ideal for any investor looking for a BMV deal. It would make a perfect Buy to Let as the investor could finance most of the cost. Would also suit someone looking for a flip deal.

The property comprises of the following:

Very large 3 bed detached bungalow
Gardens to the front and rear of the property
Large driveway to accommodate several vehicles
Gas central heating
Double glazing
Summerhouse
Deceptively Spacious

Planning Information

N/A

The Plan

This is a great opportunity to purchase a very large, extended 3 bed detached bungalow in a very popular area surrounded by amenities at a discounted price. This would make a great rental property with minimal work needing doing to the property. Would also make a great resale property for someone looking for a quick flip deal.

Financial Information:

Purchase Price: £148,000
Current Value: £185,000
Profit: £37,000
Monthly Rental Income: £800
Annual Rental Income: £9,600
Sourcing Fee: 2%

The Location

The property is located close to several local schools and have restaurants and shops close by.

Average estimated value for a house in PE24

£177,763

Sale activity

The average estimated value for a house in PE24: £177,763

Price decrease -£15,541 (-8.040%) Over the last 12 months

In the last 12 months
Average sale price £196,805

Properties sold 52