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See how verdicts work2-bedroom bungalow · RM17 5PX
Sold STCListed 109 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NEW TO THE MARKET! A modern detached bungalow built in 2009, in a unique and private position with ample parking.
All rooms are well proportioned, with two double bedrooms, a fantastic 245sq.ft lounge, lovely 17ft long Kitchen-Diner, and an ensuite shower room in addition to the family bathroom.
There is generous side access and a lovely rear garden, benefitting from a great brick-built Summer House/ Outbuilding with power and water.
This bungalow has a lot to offer and is well worth a viewing, call today to book yours! INTERIOR Entrance Hall - 5'11" x 21'9" - A bright and welcoming entrance hall with access to all the rooms.
Double-glazed double entrance doors. Ceramic tiled floor. Radiator. Access ladder to the loft, which is partially boarded and spacious, with lights and the boiler.
Living Room - 15'3" x 16'1" - A spacious double-aspect room with a wide double-glazed window to the side, plus a set of double-glazed double doors and windows that open out to the garden.
Wooden flooring. Radiator.
Kitchen-Diner - 12' x 17'6" - This is a lovely sized kitchen-diner, light and airy and also double-aspect with double-glazed windows to the front and side with a door opening to the garden.
There is a modern range of fitted units at both base and eye level with a complementary work-top, upstand and matching central island with granite worktop. Ceramic tile floor, radiator.
Spot lighting set in the ceiling. Bedroom 1 - 15'2" x 11'11" - A fantastic double bedroom with double-glazed double doors and adjacent windows that open out to the garden.
Range of modern fitted wardrobes. Wooden flooring. Radiator. Door to: En-Suite Shower Room - 4'2" x 11'3" - Opaque double glazed window to the side. Ceramic tiled floor and walls.
Modern white suite comprising of a vanity unit with a wash basin, close coupled WC. Shower enclosure with Mixer shower. Chrome ladder radiators.
Separate Extractor Fan for both the room and shower enclosure. Electric underfloor heating. Bedroom 2 - 12' x 11' - Another double bedroom with a double-glazed window to the front. Wooden flooring.
Radiator. Bathroom - 11'2" x 5'5" - Opaque double glazed window to the side. Ceramic tiled floor and walls. Modern white suite comprising of a vanity unit with a wash basin, close coupled WC.
Panelled bath and separate shower enclosure with mixer shower. Chrome ladder radiator. Separate Extractor Fan for both the room and shower enclosure. Electric underfloor heating.
EXTERIOR Access to the bungalow is quite discreet but easy from Lucas Road, there are gates giving access to the drive and parking for several vehicles.
There are gardens around the property, at the rear is a 31ft x 53ft garden, with an artificial lawn on the patio and then lawn.
There is a summerhouse, brick-built with power and water, and a separate shed. At the side is a further artificial lawn area suitable to park more vehicles or a caravan.
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 Lodge Lane, Grays, RM17 5PX
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