3-bedroom bungalow · BH25 7LR
Listing removedReduced £25.1k (−4.8%) on 20 JunListed 555 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Entrance porch with a UPVC double glazed front door and tiled flooring. Spacious double aspect sitting room with a pleasant outlook over the gardens.
Large separate dining room with twin casement doors from the sitting room and a southerly outlook.
Kitchen/breakfast room fitted with a range of timber effect wall and base units with a contrasting worktop and an inset sink unit with mixer tap over, integrated double electric oven, four burner gas hob, extractor, fridge, separate freezer, washing machine and dishwasher, breakfast bar, tile effect flooring, a double aspect, recessed ceiling spotlights and an outlook over the garden.
Three double bedrooms, two with built in wardrobes and with the master bedroom benefitting from an en-suite shower room fitted with a white suite comprising a fully tiled shower cubicle, wash basin with storage beneath, WC and tiled flooring.
Bathroom fitted with a white suite comprising a panel bath with a mixer tap over, separate shower cubicle, wash basin with storage beneath, WC, bidet, tiled flooring, recessed ceiling spotlights and trap to the roof space.
The property sits on a prominent corner plot with gardens on all sides laid mainly to lawn with mature and colourful borders and a low brick wall divides from the pavement.
There is an area of courtyard garden to the rear which enjoys a high degree of privacy and a sunny south westerly aspect.
Single garage with a pitched roof, electrically operated roller door and a useful adjoining store.
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.
Area
Agent & docs
FAQ
About 23, Wavendon Avenue, New Milton
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