4-bedroom bungalow · BH24 2RB
Listing removedListed 358 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautiful, private and established plot (with a sunny south westerly aspect), plenty of parking and a really useful, large garage, are just a few features of this bright and spacious, detached bungalow that has been sympathetically extended and tastefully re-modelled by the current owner.
Located within a peaceful and sought-after cul-de-sac and close to open heathland and woodland walks, this impressive, flexible home would suite a variety of buyers, ranging from a family to retired/semi-retired buyers, to anyone who has dogs or enjoys running walking or cycling.
The carefully thought out extension has created a stunning, open plan kitchen/dining space (by Harvey Jones), which is then partially open plan to a large sitting room with skylights that allow plenty of light to flood through.
There is a lovely en-suite master bedroom in addition to three further bedrooms served buy a sleek white family bathroom.
This impressive home further benefits from gas central heating, double glazing and a really useful separate cloakroom (3rd WC).
The rear garden enjoys a sunny south-westerly aspect and measures approximately 60 foot by 30 foot.
It can be accessed by sliding doors from the kitchen/dining area which opens onto a paved terrace, perfect for outdoor entertaining and alfresco dining.
It is enclosed by fencing, mature trees shrubs and hedging with a well-maintained area of lawn. There is also a productive vegetable patch and timber garden shed.
The front has been designed to be easy to maintain, being laid to hard landscaping.
It provides plenty of off road parking with a driveway that leads to the double garage (slightly smaller than a double as some space has been used to create the en-suite for the master bedroom).
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.
Area
Agent & docs
FAQ
About 5 Spinney Close, St. Leonards, Ringwood
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