2-bedroom bungalow · RM13 9LF
Listing removedListed 72 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• cash buyers only - due to spray foam insulation • no onward chain • situated on the popular upminster road north area of rainham • two bedroom semi detached bungalow • huge potential for expansion, subject to the necessary planning consents • 17' living room • 16' kitchen/diner with separate utility room • 40' approx.
South east facing rear garden • 29' detached garage accessed from the rear • four piece family bathroom/WC • council tax band: D Buyers Information Pack Please see below the link to access the Buyers Information Pack/ta forms: A5f5351304a Entrance Via Entrance door to: Entrance Hall Doors to accommodation.
Bedroom One 15'2 ma. X 10'3. Double glazed window to front, range of fitted wardrobes with bridging unit over. Bedroom Two 10'9 x 7'1.
Double glazed window to front, radiator, beamed ceiling with inset spotlights. Family Bathroom Obscure double glazed window to flank.
Four piece suite comprising: Panelled bath with telephone style mixer tap shower attachment, corner shower cubicle with wall mounted shower, pedestal wash hand basin, low level wc.
Heated towel rail, wood effect flooring, part complementary tiling to walls, beamed ceiling with inset spotlights. Living Room 17' x 10'9 max.
Radiator, feature fireplace, beamed ceiling, open plan to kitchen/diner, door to: Utility Room 8'1 x 6'.
Double glazed window to flank, base level unit with work surfaces over, inset stainless steel sink drainer unit with mixer tap, space for appliances, wall mounted Vaillant boiler, radiator.
Kitchen/Diner 16'11 x 7'1.
Double glazed window to rear, double glazed French doors to rear leading to garden, range of base level units and drawers with work surfaces over, inset one and a half sink drainer unit with mixer tap, integrated oven and hob with stainless steel extractor hood over, integrated washing machine, space for further appliances, range of matching eye level cupboards, radiator, tiled flooring, part beamed ceiling.
South East Facing Rear Garden 40' approx. Commencing patio area, remainder laid to lawn, further patio area. Garage 29'11 x 16'11 max. (irregular shape). Accessed via the rear on Allen Road.
Up and over door, personal door and window to rear. Front Of Property Brick retaining wall, mainly laid to lawn, gated side access.
Agents Note Please note there is spray foam insulation in the loft, making the mortgage application process notoriously difficult to obtain a mortgage.
Hence that, we as the selling agent are advertising this as Cash Buyers only purchase.
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
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FAQ
About 132, Parsonage Road, Rainham
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