3-bedroom bungalow · PE11 4XL
For saleReduced £15k (−3.8%) on 18 SepListed 714 days
Opportunity summary
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About
Brand new high specification bungalows nestled onto a private drive within the popular village of Donington.
With only 6 bungalows being built, these executive bungalows will be fitted with quality materials and offer spacious living accommodation combined plus offering a double garage with each home.
With initial build completions to take place Q2 2025, early reservations are being accepted and offering the opportunity to have a chose of some of the fittings, all subject to build stage.
Some of the stand out features include; Air source heat pump with underfloor heating throughout, hardwood internal doors, all flooring included with a choice of lvt to kitchen & wet areas and a choice of carpet to other areas, premium Symphony fitted kitchen with a choice of unit styles if reserved early, Quartz worktop fitted as standard, all integrated appliances to include Fridge freezer, dishwasher, microwave combination oven, single oven & warming drawer, wine cooler, electric car charging point, electric roller garage doors, Turf included to front gardens and premium sandstone slabs to footpaths and patios.
Other fittings can be considered as an agreed extra cost to include; a free standing multi fuel stove, boiling tap to the kitchen, roof mounted pv panels and CCTV upgrade.
All extras and alterations of standard specification are subject to build stage. There are only 2 designs of bungalows being built, The Beach' & The Blackthorn' .
Both designs, although with different layouts, offer: A spacious entrance hallway, three main bedrooms with an ensuite shower room to the principal bedroom, a main bathroom offering a separate bath & shower, a separate utility room.
To the rear is the expansive kitchen dining living space with bi folding doors to the rear gardens.
Externally, a driveway will lead to a detached double garage for each home, having an electric roller door and a side personal door.
Donington The village located South Lincolnshire, near the town of Spalding, is a large community and offers a whole range of amenities to include convenience stores, takeaways, schools, public house & restaurant and public open spaces, with an historical marketplace in the middle of the village.
Located just off the main A52, making it convenient for travel to larger settlements include the towns of Grantham, Sleaford & Boston, with Grantham being only 20 miles away and offering a fast train link to London Kings Cross in under 1hr.
There will be management company in place for the site at a cost of £495 per year per property. Reservation fee applicable to secure a plot - £1,000.
Please note: Please note all specification is subject to change. Floorplans and measurements are taken from architectural drawings and are for guidance purposes only.
Computer generated images are not to scale and are for identification purposes only. Final finishes and materials may vary and landscaping is illustrative only.
Please make sure you discuss final designs and layouts with us before reserving. Internal images are to be used as an example and are off the same design bungalow at another new development site.
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 Brand New Bungalows, Maple Way, Spalding
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