2-bedroom bungalow · IV30 5SF
For saleReduced £15k (−13%) on 3 SepListed 156 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detached two bedroom bungalow situated in the heart of the popular coastal village of Hopeman. The property which is a non-standard prefabricated construction is not suitable for mortgage lending.
The accommodation comprises of entrance hallway, lounge, kitchen, two bedrooms, shower room & WC. The property further benefits from double glazing, solar panels.
Air source heating, garden & block built storage room. Entrance Hallway UPVC & glazed entrance door, range of built-in cupboards, bare floorboards, ceiling spotlight.
Lounge (4.98m x 3.06m (16'4" x 10'0" )) Window to rear, fire surround with recessed log burning stove, bare floorboards, ceiling light fitting.
Kitchen (3.14m x 2.75m (10'3" x 9'0" )) Window to front, range of base & wall units in light wood effect, built-in single electric oven, hob & hood, plumbing & space for washing machine, tile effect flooring, ceiling light fitting.
Bedroom 2 (3.37m x 3.05m (11'0" x 10'0" )) Window to front, range of storage cupboards, bare floorboards, ceiling light fitting.
Bedroom 1 (4.34m x 3.12m (14'2" x 10'2" )) Window to rear, range of built-in cupboards, bare floorboards, ceiling light fitting.
Shower Room (2.46m x 1.52m (8'0" x 4'11" )) Window to front, vanity mounted sink, shower cubicle with electric shower, vinyl flooring, inset ceiling spotlights.
Wc (1.38m x 0.85m (4'6" x 2'9" )) Window to front, WC, plywood floor, inset ceiling spotlight.
Garden Storage Room (3.21m x 2.65m (10'6" x 8'8" )) Block built, window to front, with power, light & electric heater.
Outside The garden to the front has been paved & gravelled for ease of maintenance. The rear garden is fully paved with an area of bark & some mature trees & shrubs.
Notes Included in the asking price is all fitted floor coverings, all light fittings, all shower room & WC fittings, hob & hood in the kitchen.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 2, Gordon Street, Hopeman
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