We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom bungalow · SS13 2JW
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Morgan Brookes believe - Situated on Grey Belt land, presenting a rare and exciting development opportunity to acquire a spacious two-bedroom detached bungalow.
The property benefits from existing planning permission for a first-floor extension, along with additional planning permission for the development of three further properties, offering significant potential for investors and developers alike.
Our Sellers love - That this home is set in a quaint turning, has plenty of privacy and an abundance of internal living space. All within easy reach of local amenities.
Entrance Obscure double glazed door to: Entrance Hallway Double glazed window to front aspect, two radiators, coving to ceiling, carpet flooring, doors to: Living Room (19' 11'' x 15' 0'' (6.07m x 4.57m)) Double glazed window to side aspect, feature brick built fireplace, radiator, coving to ceiling, wood effect laminate flooring, double glazed French doors to: Conservatory (15' 0'' x 12' 8'' (4.57m x 3.86m)) Double glazed windows to rear and side aspects, radiator, wood effect laminte flooring, double glazed French doors to garden.
Kitchen / Diner (21' 3'' x 13' 3'' (6.47m x 4.04m)) Double glazed windows to side and rear aspects, fitted with a range of high gloss base and wall mounted units, roll top work surfaces incorporating 1 & 1/2 bowl sink & drainer, ceramic hob with extractor over, fitted microwave, 2 fitted ovens, integrated fridge/freezer, dishwasher & washing machine, breakfast bar, part tiled walls, radiator, coving to smooth ceiling incorporating downlights, tiled flooring, double glazed panelled door to garden.
Cloakroom Obscure double glazed window to side aspect, vanity hand basin, low level WC, radiator, coving to ceiling, splash back tiling, tiled flooring.
Bedroom 1 (23' 4'' x 11' 11'' (7.11m x 3.63m)) Double glazed windows to front & side aspects, mirror fronted sliding wardrobes, radiator, coving to smooth ceiling, carpet flooring.
Bedroom 2 (12' 0'' x 11' 7'' (3.65m x 3.53m)) Double glazed window to front aspect, radiator, coving to ceiling, carpet flooring.
Bathroom Obscure double glazed window to side aspect, freestanding claw foot slipper bath, corner shower cubicle, vanity hand basin, low level WC, radiator, coving to smooth ceiling, tiled walls and flooring.
Rear Garden (Approx 280ft x 100ft) Astro turf seating area from property, the remainder mainly laid to lawn, further decked pergola seating area, various fruit trees, established palm trees, shrub and flower areas, greenhouse & timber shed to remain, gated side access.
Front Of Property Hard standing driveway, remainder laid to lawn with established trees and shrubs, side access to garden.
Development Opportunity This property benefits from planning permission for a first floor extension to the exiting bungalow, together with additional planning permission for the development of 3 further properties on the land.
This creates a compelling opportunity to explore a multi-property scheme while retaining the existing home.
Prospective purchasers should satisfy themselves as to the precise scope, conditions, status & implementation requirements of all planning permissions with the relevant local planning authority & their professional advisers.
Agents Note Morgan Brookes also provide professional lettings and property management services for landlords across South Essex and the surrounding areas.
If you are considering renting your property, purchasing a buy-to-let investment or would like a review of your current management arrangements, please contact our Lettings Team using the details shown above.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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, Basildon
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