Bungalow · DN22 7XN
For saleListed 259 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale within our Signature Range and with an early viewing being most highly recommended is the former Claremount Nursery that offers great potential to convert back to Residential or subject to necessary planning being granted/approved has the possibility to develop the land to accommodate a number of dwellings.
Set on most generous grounds with 20 front parking spaces, the property requires general updating or modernisation to re-open as a working children's nursery or residential home.
Having uPVC double glazed windows and gas central heating, the property also offers a rear outbuilding that was used as a staff room/office and kitchen area.
The main building has three main rooms, one being 8.39m in length and the other being 13.15m in length, a kitchen area, rear conservatory, block of W.C's.
This is a unique opportunity to purchase this truly one of development opportunity.
Entrance Area Room One 1.96m x 1.78m (6' 5" x 5' 10") Room Two 8.39m x 4.51m (27' 6" x 14' 10") Room Three 13.15m x 4.57m (43' 2" x 15' 0") Room Four 4.62m x 3.65m (15' 2" x 12' 0") Room Five 2.43m x 1.77m (8' 0" x 5' 10") Kitchen 3.72m x 3.25m (12' 2" x 10' 8") Rear Conservatory 9.23m x 3.89m (30' 3" x 12' 9") Block of W.C's 5.11m x 3.52m (16' 9" x 11' 7") Former Staff Room/Kitchen 6.05m x 2.98m (19' 10" x 9' 9") Office 4.02m x 3.52m (13' 2" x 11' 7") Parking Double gated parking to the front with parking spaces for 20 vehicles.
Gardens A most generous plot with enclosed rear garden.
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 92 North Road
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