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See how verdicts work2-bedroom bungalow · SS5 6EN
For saleReduced £25k (−7.7%) on 1 OctListed 58 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* south-facing garden * no onward chain * ample parking * huge potential * great location * perfect for first time buyers * potential to extend S.T.P.
* Bear Estate Agents are proud to announce for sale this charming two-bedroom semi-detached bungalow, ideally positioned close to local amenities and offering fantastic potential throughout.
In need of renovation this property presents an exciting opportunity for first time buyers, investors and downsizers allowing.
The bungalow benefits from a sunny south-facing garden, off-street parking, a kitchen-diner and separate lounge, a large master bedroom with a further second bedroom and access to a separate family bathroom and WC.
Conveniently located within easy reach of local shops, everyday amenities and transport links including a short drive to Hockley Station for London commuters, giving this property the perfect balance of peaceful living and practicality.
Frontage/Parking Front garden, garden wall and gate, side access and parking for multiple vehicles on the front driveway.
Lounge (4.29m x 3.35m (14'01 x 11'00)) Double glazed sliding patio doors for garden access, coving, feature fireplace, radiator, skirting and carpet.
Kitchen-Diner (3.91m x 2.62m (12'10 x 8'07)) UPVC side door for garden access and a UPVC double glazed rear window overlooking the garden, kitchen units, space for appliances, stainless steel sink and drainer, tiled splashbacks, coving, skirting and a lino floor.
Master Bedroom (4.42m x 3.35m (14'06 x 11'00)) Large double room with a UPVC double glazed window to front aspect and ample wardrobe space, coving, radiator and skirting.
Second Bedroom (2.97m x 2.54m (9'09 x 8'04)) UPVC double glazed window to front aspect, coving, radiator, skirting and carpet. Family Bathroom And Wc Separate two-piece bathroom and WC.
South-Facing Garden Sunny south-facing garden with side access back to front of property and fencing.
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 7, Malyons Lane, Hockley
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