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See how verdicts work2-bedroom bungalow · MK3 5NQ
Listing removedListed 446 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the sought-after Racecourses estate is this over 55's two-bedroom semi-detached bungalow offered with NO CHAIN.
The property comprises a lounge/diner, kitchen, two bedrooms and shower room. Externally you have a patio area leading to communal gardens with further benefits providing allocated parking.
Located on the popular Racecourses, which benefits from nice walks around Chepstow Park. Local shops are close by as are local links for buses into town.
This bungalow is part of a development only available for the over 55`s. ENTRANCE PORCH Double glazed double doors to porch.
Double glazed windows to side, door to: ENTRANCE HALL Doors to all rooms, radiator, loft access. LOUNGE/DINER Double glazed sliding door to rear. Radiator, door to kitchen.
KITCHEN Double glazed window to front aspect.
Fitted with a range of wall-mounted and base units with rolled edge work surface over, stainless steel sink with mixer tap, space for fridge freezer and washing machine, part tiled walls, radiator, wall-mounted boiler.
BEDROOM ONE Double glazed window to rear aspect. Radiator, storage cupboard. BEDROOM TWO Double glazed window to front aspect. Radiator, two storage cupboards.
SHOWER ROOM Double glazed frosted window to rear aspect. Low level WC, wash hand basin, shower cubicle, part tiled walls, radiator. OUTSIDE PARKING Allocated parking.
REAR GARDEN Patio area leading to communal garden.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 Chepstow Drive, Milton Keynes
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