2-bedroom bungalow · M24 4NB
Listing removedListed 101 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** only email booking is available** Delightful spacious 2-bedroom terraced bungalow located in a quiet location and conveniently situated close to outstanding schools.
The property is well maintained with a kitchen hob, cooker hood, washing machine The property comprises of Ground Floor a. Hall b. 2 well-proportioned bedrooms c. Bathroom d. Living/Dining room e.
Kitchen comprises a range of wall and base units and includes a gas oven, a cooker hood and a washing machine The property has a private garden at the back. The front yard could be a car parking area.
The property also benefits from gas central heating and double glazing throughout. The property is immediately available.
Summary & Exclusions: - 2 Bedrooms - 1 Bathroom - Property comes unfurnished - The property is immediately available - Maximum number of tenants is 4 - Non-smoking Property - Family Friendly - Bills not included - Property has parking - Property has garden access - EPC Rating: C Fees: You will not be charged any admin fees.
** Contact today to book a viewing! **
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 42, Lorton Close, Middleton, Manchester
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