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See how verdicts work2-bedroom bungalow · NN29 7BS
Sold STCReduced £10k (−3.7%) on 25 OctListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An Alfred Underwood built two bedroom semi-detached bungalow in a sought after cul-de-sac affording easy access to local amenities.
Offering a gas fired radiator heating system with replacement boiler, neutral carpets and decoration, replacement PVCu double glazing and composite doors, along with the unusual benefit of a separate sitting and dining room.
The accommodation offers a porch, hall, sitting room with doors opening to the garden, separate dining room and a kitchen with further glazed aspect and door to the garden.
The two double bedrooms share a shower room and there is also a garage, driveway and enclosed gardens. No onward chain.
Part glazed composite door leading from the side into the Entrance Porch - Further part glazed composite door to Entrance Hall - Radiator. Access to roof space with pull down loft ladder.
Central heating thermostat. Panelled doors to all rooms. Sitting Room - 6.10m x 3.48m max (20'0" x 11'5" max) - Patio doors to rear garden. Feature fireplace with period style surround.
Marble effect inset and hearth. Fitted electric fire. Radiator. TV point. Picture lights. Coving Dining Room - 2.95m x 2.84m max (9'8" x 9'3" max) - Window to side. Radiator. Coving.
Door to Kitchen - 2.57m x 2.39m (8'5" x 7'10") - Fitted with a range of base and eye level units with roll edge work surfaces above. Inset one and half bowl single drainer stainless steel sink.
Ceramic hob with extractor hood above. Eye level double oven to the side. Plumbing and space for dishwasher and washing machine. Integrated fridge. Tiled splash areas.
Full height window and casement style door leading out to the rear garden. Bedroom One - 3.51m x 3.07m (11'6" x 10'0") - Window to front. Radiator. Wall light points. Coving.
Bedroom Two - 2.95m x 2.77m (9'8" x 9'1") - Window to front. Radiator. Built in wardrobes. Coving.
Bathroom - Fitted with a three piece suite in white including vanity wash hand basin with storage beneath and tiled shower cubicle with glazed door and extractor. Tiled splash areas. Radiator.
Downlighters. Obscured window to side. Outside - The property stands behind a walled front garden laid to artificial lawn.
A block paved driveway runs to the side of the bungalow allowing access to the main entrance door and single detached garage. Garage - Powered roller shutter door. Power and light connected.
Window and personal door to rear garden. Rear Garden - Laid to three tiers.
Immediately abutting the rear of the property is a crazy paved patio area with low retaining wall and steps leading down to an area of ornamental gravel with central circular paved feature.
A further steps leads down to an area of lawn surrounded by paving. Planted beds.
Enclosed by a combination of concrete post fencing with exterior lighting and tap Material Information - Electricity Supply: Mains Gas Supply: Mains Water Supply: Mains (Metered or Rateable) Sewerage: Mains Heating: Gas radiators Broadband: We would recommend that any potential buyers conduct their own investigations using Openreach and Ofcom checkers.
Mobile Signal/Coverage: We would recommend that any potential buyers conduct their own investigations using the Ofcom checker.
Should you wish to submit an offer on any property through Matthew Nicholas Estate Agents Limited, you will be required to demonstrate your ability to finance that offer with bank statements, mortgage pre-approval confirmations and/or written confirmation of your status from a solicitor or financial advisor.
Prior to acceptance of any offer on our clients behalf, you will be required to pass an ID and anti-money laundering check.
This is conducted via a third party and is chargeable at £60 (inc Vat) per transaction. Please call the office to confirm how to settle it.
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
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FAQ
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