3-bedroom bungalow · NG16 5GP
For saleReduced £25k (−7.1%) on 19 SepListed 133 days
Opportunity summary
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About
Summary Detached bungalow on Main Road, Underwood, offered with no chain. Featuring two reception rooms, three bedrooms, kitchen and bathroom.
Externally benefiting from a driveway, garage and generous rear garden. An ideal investment opportunity with scope for improvement.
Description Situated on Main Road, Underwood, this detached bungalow is offered to the market with no upward chain and presents an excellent investment opportunity.
The accommodation comprises an entrance hall leading through to two reception rooms, including a living room and separate dining room, both featuring parquet flooring and fireplaces, with sliding partition doors allowing flexible use of the space.
The kitchen is fitted with a range of wall and base units and provides access to the rear garden.
There are three bedrooms positioned to the front of the property, all benefiting from parquet flooring, alongside a family bathroom fitted with a three-piece suite.
Externally, the property offers a maintained front lawn with a driveway providing off street parking and access to a detached garage.
To the rear is a generous enclosed garden, mainly laid to lawn with a raised patio seating area and established boundaries.
Requiring some modernisation, this property offers strong potential for investors or buyers looking to create a home to their own specification.
Entrance Hall Entered via a glazed door, the hallway features parquet solid wood flooring, useful storage and two wall mounted radiators, providing access to the principal rooms.
Living Room A spacious reception room with parquet solid wood flooring, two wall mounted radiators, a feature fireplace and double-glazed bay window to the rear alongside an additional side window.
Sliding partition doors open through to the dining room, with a glazed door leading back to the hallway.
Dining Room Benefiting from parquet solid wood flooring, a wall mounted radiator and a double-glazed bay window to the rear.
A fireplace creates a focal point, with sliding partition doors opening into the living room and a door to the hallway.
Kitchen Fitted with a range of matching wall and base units with work surfaces over, incorporating a gas hob and electric oven with tiled splashbacks.
Further features include a stainless-steel sink and drainer, plumbing for a washing machine, wall mounted radiator and vinyl tiled flooring.
A double-glazed window overlooks the rear, with a door providing access to the side elevation, and an internal window opening through to the dining room.
Bedroom One With parquet solid wood flooring, a wall mounted radiator, double glazed window to the front and built-in storage.
Bedroom Two With parquet solid wood flooring, wall mounted radiator and double-glazed window to the front.
Bedroom Three With parquet solid wood flooring, wall mounted radiator and double-glazed window to the front.
Bathroom Fitted with a three-piece suite comprising a bath with shower over, ceramic wash hand basin and WC. Finished with vinyl flooring, tiled walls and a double-glazed opaque window to the side.
Externals To the front, the property benefits from a well-maintained lawn with a driveway providing off-road parking and access to the garage, complemented by mature hedging to the boundaries.
To the rear is a generous enclosed garden, mainly laid to lawn with a raised patio terrace ideal for outdoor seating. Established hedging and borders provide a good degree of privacy.
Garage Detached garage with an up and over door and window to the rear. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Potential buyers are advised to recheck the measurements before committing to any expense. 5.
Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 6.
Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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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 15, Main Road, NOTTINGHAM
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