2-bedroom detached house · PE36 6HQ
Listing removedListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cruso & Wilkin are pleased to welcome to the market this two bedroom detached bungalow situated on the corner of Clarence Road and Lynn Road at the Lighthouse end of town.
The property is in need of complete refurbished throughout, the owners are currently in the process of clearing the property.
Ready for its next chapter this fantastically positioned bungalow's accommodation comprises of; porch, hallway, living room, kitchen, side porch, two bedrooms, utility room and rear lobby with integral garage.
The garden wraps around the front, side and rear of the bungalow all enclosed by mature hedging. There is ample parking to the front and the property is being offered with no onward chain.
Accommodation Details Porch UPVC double glazed entrance door and windows to both side aspect. UPVC double glazed entrance door leading into hallway.
Hallway Radiator and storage cupboard with doors to: Living Room (4.17m x 3.66m 13'8" x 12') Window to the front aspect, two wall mounted lights and radiator.
Kitchen (2.97m x 2.11m 9'9" x 6'11") Tiled flooring, range of matching wall and base units with worktop over, stainless steel sink and drainer unit. Window into side porch, door into side porcg.
Side Porch UPVC doubel glazed windows to the front, side and rear aspect, door to the front aspect.
Bathroom (2.11m x 1.72m 6'11" x 5'8") Window to the side aspect, tiled flooring and part tiled walls. Three piece bathroom suite.
Bedroom Two (3.13m x 2.83m 10'3" x 9'3") Window to the rear aspect, radiator and integrated double storage cupboard.
Bedroom One (3.66m x 3.45m 12'" x 11'4") Window to the rear aspect, radiator and integrated double storage cupboard. Rear Lobby Door to the rear aspect and window to the side aspect.
Sliding door to utility and internal door to garage. Utility Window to the rear aspect, space and plumbing for washing machine. W.C. Garage Up and over door to the front aspect, power and light.
Outside Front Resin driveway from Clarence Road, mature hedge borders. Drieway leading to garage. Fence with gate leading to side and rear of garden.
Garden Mature wrap around garden with hedge boundary.
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 Clarence Road
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