3-bedroom bungalow · SS5 4SR
Sold STCReduced £25k (−4.5%) on 28 AugListed 66 days
Opportunity summary
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About
*outbuilding* *gargae* *utility room* *off street parking* *fully modernised throughout* Bear Estate Agents are delighted to bring to the market this beautifully modernised three-bedroom semi-detached bungalow, situated in the popular area of Hockley.
Offering spacious and versatile accommodation throughout, the property is perfectly suited to modern family living and comprises three well-proportioned bedrooms.
The home provides ample space for relaxation and entertaining, with a generous lounge and a spacious contemporary kitchen fitted with a range of modern appliances.
A separate utility room with a WC adds further practicality, while the property has been fully modernised throughout to create a stylish and welcoming home.
Outside, the property benefits from a generously sized rear garden and a garage.
A substantial outbuilding, complete with a dedicated bar area and currently arranged as a games room, provides an excellent additional space for entertaining and recreation.
Conveniently located close to a range of local shops, amenities and everyday conveniences, the property is also just a short drive from Hockley Station, offering excellent transport connections.
Hallway Composite door with the skewed, window centre to side. Spotlights, loft hatch, integrated storage cupboard and wooden flooring throughout. Access to all bedrooms, utility room and bathroom.
Further leading to living and kitchen area.
Living/Dining Area (6.32m x 3.86m (20'9 x 12'8)) Spotlights, vertical wall mounted radiator, triple track sliding doors to rear garden and wooden flooring throughout.
Kitchen Area Spotlights, vertical wall mounted radiator and wooden flooring throughout.
Range of wall and floor mounted units including recessed sink, integrated double oven with induction hob and extractor fan overhead and integrated dishwasher. Space for American style fridge/freezer.
Utility Room (2.06m x 1.55m (6'9 x 5'1 )) Spotlights, obscured window to side, wall mounted unit, low-level WC and wooden flooring throughout.
Bedroom One (3.63m x 3.48m (11'11 x 11'5 )) Spotlights, double window to front, wall mounted radiator, fitted wardrobes to one corner and carpeted throughout.
Bedroom Two (3.30m x 2.84m (10'10 x 9'4 )) Spotlights, double window to front, wall mounted radiator and carpeted throughout.
Bedroom Three (3.20m x 2.84m (10'6 x 9'4 )) Spotlights, window to side, wall mounted radiator and carpeted throughout.
Bathroom (3.10m x 2.18m (10'2 x 7'2 )) Spotlights, heated towel rail, wash hand basin with floating storage, low-level WC, walk-in rainfall shower, freestanding bath, tiled walls and tiled flooring throughout.
Games Room (4.83m x 3.66m (15'10 x 12'0)) Spotlights, triple track sliding door doors to front, two electric wall mounted heaters, fitted bar area, feature panelled wall and wooden flooring throughout.
Office Area (3.76m x 2.72m (12'4 x 8'11)) Spotlights, composite door with window centre and additional window to front, electric wall mounted heater and wooden flooring throughout.
Garden Access via triple track sliding doors in living area. Wooden decking area further leads to additional raised decking area outdoor kitchen and pergola.
Remainder lawn with plant boards either side further leading to outbuilding to rear. Mature trees and shrubs either side.
Garage Electric roller door to front with further access via door in rear garden. Concrete based fitted with lighting and power.
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 93, Folly Lane, Hockley
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