2-bedroom bungalow · NG20 8EP
For saleListed 347 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
YOUR NEXT MOVE!... Welcome to this charming bungalow located on Teal Close in the delightful town of Shirebrook, Mansfield.
This property is situated at the end of a quiet cul-de-sac, making it an ideal choice for couples seeking a welcoming home or anyone looking to downsize.
Upon entering, you will find a lovely reception room that provides a warm and inviting atmosphere, perfect for relaxing or entertaining guests.
The kitchen is thoughtfully designed with ample storage, space for appliances, and plenty of workspace — ideal for preparing meals and enjoying time with family.
Finally, there is a spacious conservatory which benefits from air conditioning. The house features two well-proportioned bedrooms, each offering a comfortable and peaceful retreat.
The main bedroom benefits from generous natural light, while the second bedroom provides flexibility to be used as a guest room, office, or children’s room.
Additionally, there are two bathrooms, ensuring convenience for all members of the household.
Outside, the property boasts a lovely garden, perfect for outdoor dining, gardening, or simply unwinding in the fresh air along with a large front drive with space for multiple cars and a garage.
The space is private and manageable, offering a great setting for family gatherings or quiet evenings. Hall - Carpeted flooring leading into ground rooms.
Kitchen - 2.44 x 3.17 (8'0" x 10'4" ) - Matching cabinets, with ample worktop space above, inset sink, tiled splash back, space for appliances and window to the front elevation.
Living Room - 3.20 x 5.33 (10'5" x 17'5") - Carpeted flooring, feature fireplace, central heating radiator with window to the front elevation.
Bedroom One - 2.99 x 3.50 (9'9" x 11'5") - Spacious bedroom with central heating radiator, window leading to the conservatory.
En Suite - 2.30 x 1.47 (7'6" x 4'9") - Three piece suite with low flush WC, hand wash basin and shower.
Bedroom Two - 2.84 x 2.57 (9'3" x 8'5") - Spacious bedroom with central heating radiator, patio door leading to the conservatory.
Conservatory - 4.46 x 2.63 (14'7" x 8'7") - Spacious conservatory with tiled flooring, air conditioning, surrounding windows and patio doors to the rear garden.
Shower Room - 1.73 x 2.22 (5'8" x 7'3") - Complete with a hand wash basin, low flush WC, built in cupboards and a walk in shower.
Garage - 2.73 x 5.26 (8'11" x 17'3") - Spacious garage with room for storage/vehicles. Outside - To the front is a large driveway with room for multiple cars.
To the rear is a well maintained garden with a patio and gravelled area.
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.
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About 1, Teal Close
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