2-bedroom bungalow · CM21 0AB
For saleReduced £30k (−9.1%) on 21 JunListed 504 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Folio: 15649 A two bedroom bungalow with a single garage and parking to the side.
Set in the Orchard Lea retirement village for the over 55’s and located approximately 1 mile from the picturesque village of Sawbridgeworth that offers shopping facilities, public houses and restaurants.
The property is set within approximately 20 acres of scenic grounds which include the Rivers Hospital, specialist nursing centre and various communal areas where residents can take part in social activities, if desired.
Payments of a monthly service charge take away the worries of heating, electricity, telephone line and water rates, in your home plus external maintenance including window cleaning, gardening, building insurance, and one meal per day is provided for each resident in the restaurant, if required.
An emergency call facility operates 24 hours a day and there is a daily good neighbour check made. Further assistance can be arranged, if required. Internal viewing is highly recommended.
Front Door Solid wooden front door, leading through into: Spacious Entrance Hall With engineered wooden flooring, access to loft, large cupboard housing an immersion cylinder and shelving, door giving access into: Living Room 15' 0" x 11' 2" (4.57m x 3.40m) with a double glazed sliding door onto front garden, engineered wooden flooring, concertina folding doors leading into dining room/bedroom 2, door leading through into: Kitchen/Breakfast Room 10' 10" x 10' 6" (3.30m x 3.20m) comprising matching base and eye level units with a rolled edge worktop over, complementary tiled surrounds, single bowl, single drainer sink with hot and cold taps, four ring electric hob with oven and grill to side and extractor hood over, recess and plumbing for washing machine, position for fridge/freezer, tiled flooring, double glazed window to rear, thermostat control to wall.
Bedroom 1 11' 4" x 9' 10" (3.45m x 3.00m) with a double glazed window to front, engineered wooden flooring, thermostat control to wall.
Dining Room/Bedroom 2 11' 6" x 9' 10" (3.51m x 3.00m) with a window to front, engineered wooden flooring, thermostat control to wall Shower Room Comprising a tiled shower cubicle with an Aqualisa thermostatically controlled shower, wash hand basin set into vanity unit, flush WC to side, fully tiled walls and flooring, opaque window to rear, heated towel rail, extractor fan.
Outside To the front of the property there is a driveway providing parking for 1 car. Single Garage With an up and over door, power and light laid on.
Local Authority East Herts District Council Band ‘E’ Lease 125 years from 1992.
Service Charge Single occupancy is £336.00 per week; this payment includes heating, lighting, external maintenance, window cleaning, gardening, buildings insurance, water rates, and one three course meal a day is provided for each resident in the restaurant.
For double occupancy the price is £460.11 per week.
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 2, Orchard Lea, Sawbridgeworth
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