2-bedroom bungalow · BS22 9AH
For saleReduced £20k (−6.3%) on 24 OctListed 102 days
Opportunity summary
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About
* 2 Double Bedroom Detached Bungalow * Favoured and sought after location * Delightful rear garden * Garage and ample parking * No Chain * Local authority North Somerset Council Tax Band: D Tenure: Freehold EPC Rating: Tbc We are delighted to have the opportunity of being able to market this 2 Double Bedroom Detached Bungalow which is coming onto the market for the first time in over 37 years.
The accommodation briefly comprises generous Hallway, Lounge, Kitchen/Breakfast Room, 2 Double Bedrooms and Shower Room.
The property enjoys Gas Central Heating, majority Double Glazing, generous driveway to the side providing ample parking for several cars, Detached Garage and delightful sun attracting garden to the rear.
It is situated in a favoured and sought after slightly elevated position off Balmoral Way and does require an element of modernisation and upgrading, however in our opinion this has been realistically priced in order to reflect this.
The property is being offered with No Chain and as a consequence comes highly recommended.
Accommodation Covered porch and entrance door into: Hallway Principal dimensions being 9' 0" x 5' 8" (2.76m x 1.73m) Access to majority of rooms, access to roof area, coved ceiling, radiator.
Lounge/diner 19' 4" x 10' 0" extending to 14' 2" in the Dining Area (5.90m x 3.07m extending to 4.33m) Central feature fireplace, large sliding patio door providing access to rear garden, further window to side, built-in double wardrobe, TV point, radiator.
Kitchen/breakfast room 11' 10" x 9' 3" (3.61m x 2.82m) Sparsely fitted with a range of units, worksurface, inset double drainer sink unit, recess for cooker, plumbing and recess for washing machine, cupboard housing floor mounted Ideal boiler supplying domestic hot water and central heating, double glazed window overlooking rear garden, double glazed door to side.
Bedroom 1 13' 11" x 10' 9" (4.25m x 3.30m) Double glazed window to front, built-in double wardrobe, coved ceiling, radiator.
Bedroom 2 11' 1" x 10' 7" (3.40m x 3.24m) Double glazed window to front, built-in double wardrobe, coved ceiling, radiator.
Shower room 8' 0" x 7' 8" (2.46m x 2.34m) Walk-in tiled shower cubicle, wash hand basin, close coupled WC, fully tiled walls, radiator, obscure window to side.
Outside There is a generous size open plan front garden predominantly laid to lawn, ample driveway parking for 3-4 cars to the left hand side and leading to Detached Garage: 16' 4" x 8' 3" (5.00m x 2.53m) remote control electric roller door, power and light.
The rear garden is of a generous size, enclosed by panelled fencing and mature hedging, greenhouse, gated access between the property and the Garage.
The garden enjoys a high degree of privacy and sunlight throughout the day and delightful views towards Weston Woods. Material information Electric, Water, Gas, Sewerage all main supplied.
Broadband to the premises is available. For an indication of specific speeds and supply or coverage in the area, we recommend potential buyers to use the Ofcom checkers below: Flood Information:
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
Agent & docs
FAQ
About 23, Penrice Close, Weston-super-Mare, North Somerset
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