2-bedroom bungalow · S18 7SA
Sold STCListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A meticulously refurbished detached bungalow, alongside a superb detached studio/office, boasting an unrivaled setting with spectacular views across the Cordwell Valley.
This impressive property, accessed via a long private driveway, is set back from the main thoroughfare and borders open fields.
The property has been through a comprehensive modernisation, which includes full re-plastering, re-wiring, a new oil-fired central heating system, a complete re-configuration, and new double-glazed windows.
The interior comprises an entrance lobby and hall, leading to an open-plan dining kitchen.
This stunning space features twin bi-fold doors opening onto a large composite decked terrace, perfectly capturing the peaceful location and breathtaking aspect.
The kitchen is fitted with high-quality appliances and a breakfasting island. It flows seamlessly into the elegant living room, complete with a log burner and stone lintel.
The large master bedroom offers French doors to a side patio, a walk-in dressing room, and a luxurious en-suite.
There's also a second double bedroom with built-in wardrobes, a utility area, and a stylish guest bathroom with a separate shower and freestanding bath, strategically placed to enjoy the views.
The drive is bordered by lawns and leads to ample parking and a turning area for multiple cars, with potential for a garage (Planning in place for a double carport).
The outstanding studio, perfect for remote working, includes a kitchenette, shower room/WC, and bi-fold doors to a private terrace, all benefiting from superb views.
The property previously had planning permission for extension, please ask for further details. Property Ref RB0377
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 Millthorpe Lane, Millthorpe
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