2-bedroom bungalow · RM16 2LJ
Sold STCListed 133 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to receive instructions on this two bedroom semi-detached bungalow situated in this sought after area in Blackshots Lane.
The property complimented by a rear garden of approximately 130ft in depth which is un-overlooked and internally having two bedrooms, lounge sitting room and Kitchen diner.
Although in need of some re-modernisation, the property offers excellent scope and potential and being situated in such a sought after area, leaves us to recommend an early internal inspection.
Entrance approach via part glazed door to ENTRANCE HALLWAY. Wood flooring. Radiator. Central heating thermostat. Access to loft area. BEDROOM ONE 13’3 x 10’6. Double glazed window to front. Carpet.
Radiator. Range of built in wardrobes with units to match. Power point. BEDROOM TWO 10’7 x 12’1. Double glazed window to front. Wardrobe and dresser to match. Radiator. Carpet. Power point.
LOUNGE SITTING ROOM 13’3 x 10’6. Double glazed window to flank and side. Radiator. T.V point. Carpet. Power Point. ATTRACTIVE FITTED KITCHEN DINER 13’4 x 10’4.
Part glazed door and double glazed window to rear. Featuring a range of matching units to ground and eye level. Inset double drainer sink unit. Contrasting worktops.
Built in oven hob and extractor fan. Integrated fridge freezer and free standing washing machine. Wood flooring. Radiator. Textured ceiling. Coved surround. Power points.
LOBBY AREA Hot water cylinder. Further storage area leading to SHOWER ROOM Double glazed window to rear. Fully tiled walls. Inset basin. Low flushing w.c. Shower cubicle with independent shower over.
Bermuda Boiler serving central heating and domestic hot water system. Radiator. Cushioned flooring. CONSERVATORY / SITTING ROOM 15’9 x 9’3. Double glazed window to rear. Double doors.
Overlooking garden. Laminate flooring. Power points. WEST FACING REAR GARDEN Approximately 130ft in depth. Being un-overlooked. Further lawned area. Outer building. Side walkway.
To the front of the property there is a block paved driveway offering ample parking.
The agent has not tested any apparatus, equipment, fixtures, fittings or services so can not verify that they are in working order or fit for their purpose.
The buyer is advised to obtain verification from their solicitor.
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About Blackshots Lane, North Grays, Thurrock
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