Modern Method of Auction
Auction date not yet published
2-bedroom bungalow · NG20 0DZ
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMMARY Offered with NO ONWARD CHAIN, this two-bedroom detached bungalow on Saville Way features a spacious lounge, fitted kitchen, conservatory, shower room, established gardens and garage.
Viewing advised.
DESCRIPTION Offered for sale with NO ONWARD CHAIN is this two-bedroom detached bungalow situated on Saville Way, Warsop, offering well-proportioned accommodation and plenty of potential.
The accommodation comprises an entrance hall, spacious lounge, fitted kitchen, conservatory, two bedrooms and a shower room.
Bedroom one is a generous double with fitted wardrobes, while the conservatory provides useful additional living space with access to the garden.
Outside, the property benefits from established gardens to the front and rear, with the rear featuring a lawn, patio areas and a variety of mature shrubs, plants and trees.
A garage provides additional parking or storage. Ideal for buyers looking to put their own stamp on a detached bungalow, this property is offered with the added advantage of NO ONWARD CHAIN.
Early viewing is advised. Auctioneer's Comments This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited.
This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT.
This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property.
The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding.
A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack.
Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral.
These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Conservatory A useful additional reception space featuring wood-effect flooring, exposed brickwork and windows to multiple aspects, with sliding patio doors providing direct access to the rear garden.
Entrance Hall With carpeted flooring and doors providing access to the lounge, kitchen, shower room and both bedrooms.
Lounge A spacious reception room featuring wood-effect flooring, a feature fireplace, decorative coving, radiator and a rear-facing bay window providing plenty of natural light.
Kitchen Fitted with a range of wall and base units with work surfaces, tiled splashbacks, inset sink and drainer, electric hob with extractor hood, built-in oven, space for appliances and a rear-facing window.
Bedroom One A spacious double bedroom with wood-effect flooring, fitted wardrobes, radiator and a front-facing window.
Bedroom Two A well-proportioned bedroom with carpeted flooring, radiator and a front-facing window.
Shower Room Fitted with a shower enclosure, wash hand basin with vanity unit, WC, tiled walls, radiator and an obscured window.
Externals Front Garden: A lawned front garden with a variety of mature shrubs, plants and trees, with a pathway leading to the property and established hedging providing screening.
Rear Garden: A generous enclosed garden with a lawn, paved patio areas, established shrubs and planting, mature trees and fenced boundaries. 1.
MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Potential buyers are advised to recheck the measurements before committing to any expense. 5.
Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 6.
Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Saville Way, Warsop, MANSFIELD
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