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See how verdicts work3-bedroom bungalow · PE8 6HJ
Sold STCListed 157 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A detached bungalow believed to be of prefab construction on a generous plot extending to approximately just over 1/3 acre as shown in pink & blue on the site plan.
The property is in poor condition and currently comprises of rear lobby, entrance hall, kitchen, living room, 3 bedrooms and bathroom.
There is a garden area to the back with off road parking to the side of the property. There are numerous trees with some timber storage sheds within the plot which backs onto open fields.
Entrance Hall - Rear Lobby - Kitchen - 5.2m x 2.67m (17'0" x 8'9") - Living Room - 5.2m x 3.4m (17'0" x 11'1" ) - Bedroom - 3.25m x 3m (10'7" x 9'10") - Bedroom - 4m x 3.2m (13'1" x 10'5") - Bedroom - 3.7m x 2.8m (12'1" x 9'2" ) - Bathroom - Planning Permission - The property is sold as seen and will not be sold subject to obtaining any planning permission.
Construction - We understand that the property is of non-standard construction and therefore it is envisaged and preferred the buyer to be a cash purchaser.
Access - The property is accessed from a slip road from the southbound A1 and is located approximately 100m from the junction.
The vendors will provide a right of access to the property off the private roadway to the front. The vendor will also provide access from the A47. Further details available from Richardson.
Services - We understand that there is mains electric. Mains water is by a shared supply and therefore a sub-meter would need to be installed.
Drainage is a shared septic tank which we understand is within the curtilage of one of the cottages which are also owned by the vendor.
Council Tax - Peterborough City Council Tax Band B Tenure - Freehold Communication - According to Ofcom: Superfast Full Fibre is available According to Ofcom: Mobile coverage outdoor is Likely with EE, Three, O2 and Vodafone What3words - To locate the property using what3words: dilute.devotion.mirroring Viewing - By telephone appointment with Richardson
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 Great North Road, Thornhaugh, Peterborough
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