2-bedroom bungalow · EX14 1JD
Sold STCListed 246 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
If you’re on the hunt for a project with real potential to add value, this could be just the one.
This extended mid-terrace bungalow is looking a little tired right now and in need of some TLC – but for the right buyer, it’s a brilliant opportunity to roll up your sleeves and bring it back to life.
Most of the work required is cosmetic, so you’ll likely want to update the kitchen and bathroom and give the whole place a fresh new look throughout.
The layout already works well, with gas central heating and double glazing in place.
There’s an entrance hall leading to a well-proportioned living room, a kitchen to the rear, two double bedrooms and a bathroom.
Outside, you’ll find level lawned gardens, with lovely views across the town from the front – a great spot to sit back and enjoy once everything’s finished.
There’s no sugar-coating it – this one needs some serious upgrading and it’s not for the faint-hearted.
But with vision, time and effort, it has all the makings of a much-loved, modern home once again.
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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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 advisers 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
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FAQ
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