2-bedroom bungalow · NE10 8EB
For saleListed 185 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to secure a well-positioned bungalow on a notably larger-than-average plot, offering generous gardens, excellent outdoor space, and superb potential to create a modern home.
Occupying an enviable plot, this well-maintained two-bedroom bungalow offers an abundance of outdoor space rarely found with similar properties in the area.
With mature gardens to the front and rear, a private patio, and a garage with driveway, the property provides both immediate comfort and exciting scope for further improvement.
Internally, the home is neatly presented and has clearly been well cared for over the years. A welcoming entrance lobby leads into a central hallway, providing access to all principal rooms.
The lounge is particularly spacious and filled with natural light, creating a comfortable and relaxing living space.
The kitchen/diner is well-proportioned, offering ample room for both cooking and dining, with access through to a useful utility area and onward to the garage.
This layout presents excellent potential for modernisation or reconfiguration, subject to the necessary permissions.
There are two well-sized bedrooms, including a generous main bedroom, along with a centrally located bathroom for convenience.
A key feature of this property is the impressive plot size, which sets it apart from many comparable bungalows nearby.
The gardens are well maintained and include a mix of lawn, established planting, and patio areas, providing private spaces ideal for relaxing or entertaining.
The overall outdoor space offers fantastic potential for landscaping or extension, subject to the relevant permissions.
Situated in a popular residential area, Ferndown Court offers convenient access to local amenities and transport links, while still enjoying a quiet setting.
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
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FAQ
About Ferndown Court, Wardley
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