4-bedroom bungalow · SS6 8UP
For saleListed 8 days
Opportunity summary
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About
* price guide £700,000 - £750,000 * two properties for sale * investment purchase of two freehold bungalows * one vacant and one rented * off-street parking * low -maintenance gardens * Bear Estate Agents are delighted to present this rare opportunity to purchase a pair of beautifully modernised two-bedroom bungalows in Rayleigh.
Offered for sale together to a single purchaser, both homes are finished to an excellent standard and feature a contemporary kitchen and living area, along with off-street parking.
Conveniently located close to local amenities and schools, the properties offer an estimated rental income of £1,800–£2,000 each per month.
There may also be potential to redevelop the site by combining the bungalows into one larger bungalow or house, creating an opportunity for a buyer to design a home tailored to their own tastes, subject to the necessary planning permissions and consents.
An excellent opportunity for investors or buyers looking to create a distinctive home in a convenient Rayleigh location.
Accomodation Both bungalows are the same size with mirrored floor plans and the below rooms; Frontage/Parking Off-street parking and side access to the rear garden.
Open Plan Kitchen-Reception (7.42m x 3.56m (24'4 x 11'8 )) Smooth ceilings with inset spotlights, eye and base level units, space for washing machine, inset oven with electric hob and extractor fan above, power points, space for fridge freezer, sink with tiled splashback, space for dining table, laminate flooring throughput and double glazed French doors to the rear garden.
Bedroom One (3.38m x 3.38m (11'1 x 11'1 )) Double glazed window to the front aspect, space for storage, wall mounted radiator, power points and carpeted flooring throughout.
Bedroom Two (3.05m x 2.97m (10'0 x 9'9 )) Double glazed window to the side aspect, power points, wall mounted radiator and carpeted flooring throughout.
Bathroom (3.38m x 1.70m (11'1 x 5'7 )) Obscure double glazed window to the side aspect, panelled bath unit with shower head attachment, vanity sink unit, WC, heated towel rail and laminate flooring throughout.
Landscaped Garden Enclosed garden with a neat paved patio leading onto a central lawn.
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 Lancaster Road, Rayleigh
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