2-bedroom semi-detached house · RM16 2GF
Sold STCListed 269 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in this popular location is this two bedroom semi-detached bungalow that is in need of re- modernisation throughout.
Benefiting from a south facing rear garden approximately 60ft in depth, double glazed, gas rad central heating, kitchen diner 13'4 x 10', spacious lounge, 10'7 x 9'5, fully tiled bathroom and located in this popular location, leaves us to recommend an early internal inspection.
Entrance approach via stained glass double glazed door to ENTRANCE HALLWAY Radiator. Fitted carpet. Meter cupboard to side. BATHROOM Double glazed obscured window to side.
Compromising of low flushing w.c. Pedestal wash hand basin. Inset bath with shower over. Radiator. KITCHEN DINER 13'4 x 10' Double glazed window to side and part glazed door to rear.
Range of units to ground and eye level with single drainer sink unit. Tiled splashbacks. Matching worktop. Built in oven hob and extractor.
Wall mounted boiler serving heating and domestic water system. Power point. CONSERVATORY AREA Double glazed windows and door to rear. Plumbing for washing machine. In need of some attentions.
Power point. SPACIOUS LOUNGE 12' x 10'. Double glazed window to front. Radiator. T.V point. Hearth. Power points. BEDROOM ONE 12'4 x 9'. Window to rear. Radiator. Built in wardrobe. Power point.
BEDROOM TWO 8'8 x 8'. Double glazed window to front. Fitted carpet. Power point. SOUTH FACING REAR GARDEN Approximately 60ft in depth. In need of some attention. Side walk way. Parking to front.
The agent has not tested any apparatus, equipment, fixtures, fittings or services so can not verify that they are in working order or fit for their purpose.
The buyer is advised to obtain verification from their solicitor.
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
FAQ
About Parkside, Woodside, Grays, Essex, RM16
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