3-bedroom bungalow · OL4 5BQ
Sold STCListed 224 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully presented 3 bedroom extended Bungalow ( with loft conversion) is immaculately presented throughout and maintained to a high standard.
It benefits from gardens to front and rear, a long driveway providing plenty of off-road parking, good sized rooms throughout, and attractive modern bathroom & kitchen.
The property is ideally located in the popular village of Lees, within easy reach of all local amenities including shops, pubs/restaurants, transport links to Oldham & Manchester, parks, picturesque walking routes, and good local schools.
It briefly comprises of: hall, lounge, kitchen, dining room, main bedroom (king sized), bathroom at ground floor level; landing, bedroom 2 (double sized), bedroom 3 (single/small double sized) at 1st floor level.
Externally there is a large detached garage with lawn garden to the front. To the rear there is a lovely paved patio with a fixed fitted pizza oven.
This is a fantastic property, and in-person viewing is highly recommended!
Freehold EPC C Council Tax Band C Hall 4.39m (14' 5") x 1.76m (5' 9") The front door opens into the hall, which provides access to all ground floor rooms.
The stairs rise to the 1st floor landing, and there is an integrated storage cupboard beneath. Lounge 5.19m (17' 0") x 3.52m (11' 7") The lounge is bay-fronted and looks out over the front garden.
There is an attractive gas fireplace, and plenty of space to accommodate a suite along with a range of occasional furniture.
Kitchen 2.64m (8' 8") x 2.31m (7' 7") This attractive modern kitchen includes: 2x electric ovens; gas hob; extractor hood; sink with draining board; and a range of cupboards/drawers with space for fridge / freezer, washing machine and dish washer.
A door opens onto the back garden.
Dining Room 3.83m (12' 7") x 2.70m (8' 10") This generously sized dining room features French doors that open onto the back garden and let in plenty of natural light.
There is plenty of space to accommodate dining furniture for 6+ people along with occasional furniture.
Bedroom 3.52m (11' 7") x 3.25m (10' 8") Located on the ground floor and overlooking the front garden, the main bedroom is generously sized and can accommodate a king sized bed with a range of other furniture.
Bedroom 3.48m (11' 5") x 3.43m (11' 3") Overlooking the front of the property, the 2nd bedroom is large enough to accommodate a double bed with other furniture.
There is an attractive fitted wardrobe unit with drawers, and a half-size door leads to eaves storage.
Bedroom 2.13m (7' 0") x 3.68m (12' 1") The 3rd bedroom overlooks the garden at the rear of the property. It is large enough to accommodate a single/small double bed with a range of other furniture.
A half-size door leads to eaves storage. Bathroom 2.80m (9' 2") x 1.51m (4' 11") This attractive modern bathroom is fully tiled with spotlighting.
It includes: ecoflush WC; bath with shower over; pedestal wash hand basin; lit mirror; and heated towel rail.
Garage This large detached garage has mains power and lighting with electric sectional vehicle access door.
Externally The property has gardens to both front and back, and a long driveway to the side providing the opportunity for multi-car parking.
The back garden is paved, providing a fantastic space to accommodate outdoor seating/dining furniture to make the most of good weather. There is a fixed fitted pizza oven.
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.
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About 5 Leesway, Lees
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