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See how verdicts work3-bedroom bungalow · SS5 5EJ
For saleReduced £25k (−5%) on 26 AugListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*guide price £500,000- £525,000* *off street parking* *close to hockley station* *conservatory* *garage* Bear Estate Agents are pleased to bring to market this spacious three-bedroom detached bungalow, conveniently located close to Hockley Station, local amenities and nearby schools.
The property benefits from off-street parking, a garage and side access leading to a generous rear garden, with plenty of space for relaxing and entertaining.
Inside, the bungalow offers a bright and well-planned layout. The large lounge opens beautifully into the conservatory, creating a welcoming space for everyday living.
There is also a separate kitchen, three good-sized bedrooms and a modern family bathroom.
Offering comfortable single-storey living in a convenient Hockley location, this property would make an excellent family home. Frontage Block paved driveway, side access and garage access.
Hallway UPVC door to front. Spotlights, bay window to front, fitted storage cupboard, two wall mounted radiators and wooden effect flooring throughout. Hallway leads from front to living room at rear.
Bedroom One (3.84m x 3.40m (12'7 x 11'2 )) Ceiling mounted light fitting, double window to front, wall mounted radiator and wooden effect flooring.
Bathroom (2.26m x 1.47m (7'5 x 4'10)) Spotlights, obscured window to side, wall mounted radiator, bath with shower overhead, wash hand basin, low-level WC, tiled wall walls and tile flooring.
Bedroom Two (2.69m x 3.23m (8'10 x 10'7 )) Ceiling mounted light fitting, two wall mounted light fittings, window to side, wall mounted radiator and carpeted throughout.
Bedroom Three (2.69m x 2.41m (8'10 x 7'11)) Ceiling mounted light fitting, window to side, wall mounted radiator and wooden effect flooring.
Kitchen (2.26m x 3.94m (7'5 x 12'11)) Spotlights, UPVC door with obscured window and additional window to side, wall mounted radiator, tiled splashback and tiled flooring.
Range of wall and floor mounted units including integrated stainless steel sink and dry unit, integrated oven with gas hob and extractor fan overhead.
Space for fridge/freezer and space for Washing machine.
Living Room (6.10m x 3.53m (20'0 x 11'7)) Ceiling mounted light fitting, two wall mounted light fittings, two wall mounted radiators, obscured window to side, fitted gas fire with wooden flooring throughout Conservatory (3.63m x 5.64m (11'11 x 18'6 )) Ceiling mounted light and fan fitting, two wall mounted light fittings, two wall mounted radiators, windows to all sides with French doors leading to rear garden and wooden effect flooring throughout Rear Garden Access via side gate and French doors in conservatory.
Steps lead to initial patio area. Further leads to lawn with additional patio area to rear. Wooden outbuilding and wooden shed to remain. Circa 75 foot rear garden.
Garage Up and over door with power and lighting.
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
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FAQ
About 17A, Chestnut Close, Hockley
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