2-bedroom bungalow · NR15 2PH
For saleListed 109 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Entrance Porch 6'10" x 5'7" with triple aspect glazing and colonial style door (throughout) serving the Sitting Room 17'6" x 11'9" with fitted triple electrolia and door serving the Inner Hall 6'2" x 6' the measurment quoted includes the built in airing cupboard containing the hot water cylinder and shelving.
Roof access hatch.
From the inner hall doors serve off to the bedrooms, shower room and Kitchen/Breakfast Room 15' x 9' (Agent's note: from the style and proportions of the bungalow we feel that it was originally constructed with three bedrooms and as with many of the bungalows of the same style at St Michaels Road the 3rd bedroom has been incorporated into the kitchen to form the kitchen/breakfast room).
The kitchen is fitted with worksurfaces, base and wall units, drawers and shelving, incorporated into the fitments is a stainless steel, single drainer sink unit with mixer tap.
The kitchen further benefits from LED lighting.
A half glazed door serves off to the rear (West) serving the Garden Room 27'5" x 8' with double aspect glazing, laminate flooring, 4No double wall lights, fitted worktop with cupboards under and a fully glazed Upvc door serving to the rear garden.
Bedroom 1 (front) 12'3" x 8'9" Bedroom 2 (rear) 9' x 9' Shower Room 6' x 5'7" with shower room suite in white comprising a fully tiled shower cubicle with Mira shower unit, pedestal wash basin with mixer tap and a low level close coupled WC, half tiling to 2 walls and fitted towel rail radiator Outside Whilst enjoying a prominent location on St Michaels Road, the bungalow stands on a generous plot enjoying a road frontage of approximately 34' together with an overall depth of approximately 90'.
The open plan front garden is mostly hard Detached Brick Garage 17'6" x 8'6" with metal up and over door, light, power and personal door.
At the rear is a fully enclosed garden incorporating paved patios and areas laid to grass. Incorporated within the rear garden is the Shed/Workshop 8' x 6'
Value & comps
No previous sales 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 St. Michaels Road, Long Stratton
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