2-bedroom detached house · CO5 8RN
Under offerListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN. A Two Bedroom Detached Bungalow in need of Modernisation. Cul de Sac location just off of Mill Road, West Mersea.
Although this property does require modernisation it will appeal to those purchasers who are looking for a home that they can refurbish and remodel to meet their own specific tastes and requirements.
The accommodation is arranged around a welcoming entrance hall that leads to all rooms. The kitchen overlooks the 'side' garden and also gives a rear doorway access to the property.
The property occupies a generous plot and is set back from the road with a driveway to the side offering off road parking for several vehicles.
To the rear of the bungalow is a lawned garden that is fringed by mature trees, shrubs and bushes. There is also a detached garage that provides invaluable storage space.
Kitchen 3.68m x 4.21m 12' 1" x 13' 10" Lounge 4.24m x 3.64m 13' 11" x 11' 11" Bathroom 2.56m x 1.80m 8' 5" x 5' 11" WC 1.61m x 1.00m 5' 3" x 3' 3" Bedroom 3.03m x 3.03m 9' 11" x 9' 11" Bedroom 3.03m x 3.03m 9' 11" x 9' 11" All measurements are approximate and should be confirmed at viewing and/or survey
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
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FAQ
About Lawns Close, CO5
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