2-bedroom bungalow · CO12 5EF
Listing removedReduced £5k (−2.1%) on 2 JulListed 158 days
Opportunity summary
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About
** No Onward Chain ** boasting a large corner plot in a quiet village location this two bedroom semi-detached bungalow is in need of modernisation and offers 2 double bedrooms, kitchen/diner, lounge, bathroom, conservatory, front, side and rear gardens, off road parking as well as cavity wall insulation, and a new heating system, new radiators and a new gas boiler approx.
1 year old Awaiting Updated EPC Council Tax Band: C Entrance Lobby UPVC entrance door and window to front aspect, a further glazed entrance door leading to entrance hallway Lounge (4.08 x 3.18 (13'4" x 10'5")) With tiled fireplace and hearth housing gas fire (not tested by agent) serving hatch to kitchen and window to front aspect Kitchen/Diner (4.70 x 2.90 (15'5" x 9'6")) Fitted with a range of wall and base units, wall mounted folding dining table, built in double oven, electric hob, stainless steel sink/drainer with mixer tap, space and plumbing for washing machine, space for fridge/freezer, wall mounted gas boiler (approx.
1 year old) windows to both front and side aspects, UPVC part glazed door leading to outside areas and parking area Bedroom 1 (3.85 x 3.04 (12'7" x 9'11")) With glazed UPVC sliding patio doors leading through to conservatory Bedroom 2 (3.17 x 3.02 (10'4" x 9'10")) With UPVC glazed door and 2 windows leading to conservatory Conservatory (5.46 x 2.23 (17'10" x 7'3")) With UPVC glazed French doors and windows leading to side garden and UPVC part glazed door and window to rear aspect Bathroom (2.05 x 1.92 (6'8" x 6'3")) Suite comprising:- easy access walk in bath with hand rail and wall mounted shower, wash basin in vanity unit, low level WC and opaque window to front aspect Outside Areas:- Boasting a corner plot there is outside space to the front, side and rear of the property, mainly concrete, paved and shingled for easy maintenance.
A useful brick built storage/workshop with lean-to outbuilding to the side of the property A concrete hard standing to the rear allows off road parking
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 1, Lodge Close, Harwich
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