2-bedroom bungalow · HU18 1RE
For saleListed 71 days
Opportunity summary
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About
A spacious two bedroomed detached bungalow offering lots of potential for further enlargement (sstp) and providing ample parking, a garage and is set in a particularly generous plot with extensive gardens to the rear.
No chain. Location This property enjoys a convenient location fronting onto Southgate between the main town centre and the Tesco superstore.
Hornsea is a vibrant and welcoming coastal town in East Yorkshire, home to a close-knit community of just over 8,000 residents (2021 Census).
The town boasts an impressive range of amenities, including a variety of independent shops, bistros, and inviting restaurants, alongside excellent schooling for all ages which have been rated ‘Good’ by Ofsted.
The town is also home to Hornsea Mere, Yorkshire’s largest freshwater lake, which provides a peaceful setting and is popular for walking, boating, and wildlife spotting.
Sports and fitness enthusiasts are well catered for with a modern leisure centre refurbished in 2020 and a beautifully maintained 18-hole golf course.
There is also Hornsea Village, an out-of-town retail and leisure destination.
Ideally located, Hornsea offers the perfect balance of coastal living and connectivity, lying within easy reach of Hull, Beverley, and the M62 motorway.
Accommodation The accommodation has mains gas central heating via hot water radiators, UPVC double glazing and is arranged one floor as follows: Entrance Hall With laminate flooring, a built in cupboard, one central heating radiator and an access hatch leads to a folding loft ladder which leads to a boarded out roof space with a double Velux roof light and one central heating radiator (this area offers potential for further enlargement subject to local planning approvals).
Lounge (4.72m x 3.96m (15'6" x 13')) With a fire surround and hearth and one central heating radiator.
Kitchen (3.56m x 3.20m (11'8" x 10'6")) With a good range of fitted base and wall units incorporating contrasting worksurface and a stainless steel sink unit, space for a fridge freezer, plumbing for an automatic washing machine, a slot in cooker with extractor hood over, full height tiling to the walls, ceramic tile floor covering, a wall mounted central heating boiler and UPVC side entrance door.
Bedroom 1 (Rear) (3.61m x 3.61m (11'10" x 11'10")) With fitted wardrobes and shelves and one central heating radiator.
Bdroom 2 (Rear) (3.00m x 0.30m (9'10" x 1')) With one central heating radiator and double doors leading to the Sun Room.
Sun Room (5.89m x 1.83m (19'4" x 6')) With a UPVC double glazed door leading to the garden and a useful shelved storage cupboard leading off and one central heating radiator. Bathroom / W.C.
(1.63m x 2.67m (5'4" x 8'9")) With a three piece comprising of a panelled bath, low level W.C., pedestal wash hand basin, part tiled walls, ceramic tile flooring and one central heating radiator.
Outside The property fronts onto a generous concreted parking drive and foregarden behind a dwarf walled frontage.
A driveway leads past the bungalow to an on-built brick garage with up and over main door, side personal door, power and light laid on.
To the rear is an extensive garden which is mainly lawned with a concrete patio adjoining the Sun Room and there is mature hedgerow and a number of trees.
Tenure The tenure of this property is understood to be freehold (confirmation to be provided by the vendors solicitors) and vacant possession will be given upon completion at a date to be agreed.
Council Tax Band The council tax band for this property is band is C.
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
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FAQ
About Aikedale, Southgate, Hornsea
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