4-bedroom bungalow · NG34 8PG
For saleReduced £26k (−4.2%) on 21 JunListed 231 days
Opportunity summary
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About
A rare opportunity t purchase an Extended and Much Improved Four Bedroom Detached Bungalow located within grounds of approximately 0.48 acres and having open views to the front and rear, Ample Parking with an in and out drive, Double Garage and providing good sized family accommodation.
The extension to the property provides a large bedroom with shower room and has separate access so would be ideal for an annexe or any other business venture, subject to the necessary permissions.
The bungalow is located in a superb and very popular village setting and has accommodation comprising Entrance Porch, Reception Hall, Kitchen, Dining Room, Lounge with feature fireplace and door to garden, Utility Room with pantry, En-Suite to the master bedroom, Family Bathroom and access to the potential annexe area is via the dining room or a separate rear entrance.
The property benefits from Oil Central Heating and Double Glazing and viewing is highly recommended to appreciate the enviable location of this property and the god size accommodation.
Directions: From our office, follow the one way system past the Market Place turning right into Carre Street and right again towards the Handley Monument.
Filter left and after the level crossing turn right and bear left into London Road.
Continue out of the town and upon reaching Silk Willoughby turn right into School Lane and the property is located on the left hand side.
French doors provide access to the Reception Porch 3.58m (11'9") x 3.20m (10'6") and a further door provides access to the Reception Hall 3.20m (10'6") x 3.10m (10'2").
Lounge: (6.71m (22'0") x 4.01m (13'2")) Dining Room: (4.01m (13'2") x 3.51m (11'6")) Kitchen: (4.09m (13'5") x 3.48m (11'5")) Utility Room: (3.45m (11'4") x 1.63m (5'4")) Bedroom 1: (4.75m (15'7") x 3.73m (12'3")) En-Suite: (3.68m (12'1") x 2.18m (7'2")) Bedroom 3: (5.49m (18'0") x 3.76m (12'4")) Bedroom 4: (3.45m (11'4") x 2.62m (8'7")) Family Bathroom: Bedroom 2: (5.49m (18'0") x 3.76m (12'4")) (Potential Annexe) Shower Room: (2.24m (7'4") x 1.57m (5'2")) Outside: The property is located within grounds of approximately 0.48 acres with a large gravel 'in and out' drive which provides Parking for a number of vehicles and approaches the front of the property.
The front garden is laid to lawn with well stocked borders and the South Facing Rear Garden is a particular feature and private.
The garden has a large lawn area with trees and well maintained borders together with a large patio area and ornamental fish pond and enjoys open views across fields.
Between the bungalow and the garage is an enclosed yard area where the oil central heating boiler is located. View: Council Tax Band E.
Nb These are draft particulars awaiting the vendor's final approval.
Value & comps
No previous sales on record.
Returns
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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
About 37, School Lane, Silk Willoughby
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