2-bedroom bungalow · CB24 8XG
Sold STCListed 64 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom detached park home on Cottenham Park, a well-maintained fully residential park home estate, ideally located off the High Street, with various shops and amenities within walking distance.
Perfect for semi or fully retired individuals over the age of 50. Established in the 1960s and family-owned, the park offers modern homes set in immaculately maintained grounds.
Glazed entrance door to: Porch Porch with radiator and door to cloaks cupboard.
Door to: Kitchen dining room 6.50 m x 5.61 m (21'4" x 18'5") Well fitted range of units with work surface, inset one and a quarter bowl (with Insinkerato waste disposal unit) single drainer sink unit, mixer tap.
Range of base units with fridge freezer, dishwasher. Matching wall mounted cupboards. Four burner gas hob, stainless steel oven, continuation of work top and breakfast bar.
Utility area, with matching cupboards and washing machine. Window to the rear and door to the rear. Corner carousel and pull out wine store. Cupboard housing Baxi gas fired heating boiler.
Inner hall area with door to airing cupboard and door to storage cupboard.
Double doors to: Sitting room 6.45 m x 3.48 m (21'2" x 11'5") Bay windows to the front and side, fitted air conditioning unit. Feature electric fireplace with ornamental surround. Two radiators.
Study 2.18 m x 1.47 m (7'2" x 4'10") Window to the side and recessed spotlights to the ceiling, Built-in desk unit with 2 drawer filing unit (right-hand side) and 4 drawer unit (left-hand) side, radiator.
Bedroom one 3.45 m x 3.07 m (11'4" x 10'1") Window to the side, double fitted floor to ceiling wardrobe with sliding doors, ceiling fan and radiator.
Door to En-suite shower room Fitted suite with vanity wash basin, cupboards beneath, close coupled wc and corner shower cubicle. Heated towel rail/radiator, window to the side.
Ceramic tiling to the walls. Bedroom two 3.53 m x 3.20 m (11'7" x 10'6") Bay window to the side, double fitted wardrobe to one wall. Radiator.
Shower room Fitted suite with vanity wash basin, cupboards beneath, close coupled wc and corner shower cubicle. Heated towel rail/radiator, window to the side. Ceramic tiling to the walls.
Outside The property is set with a block paved parking space and lawn area to the side and rear, with small private patio area.
Tenure Tenure - Regulated License Agreement Ground rent - £2808 per annum Council tax - tbc Heating - Mains Gas Age restriction - over 50 Pets - not permitted Services All mains services are connected.
Viewing By prior appointment with Pocock and Shaw Agents note Residential park homes are neither leasehold or freehold.
Under the Mobile Homes Act 2013, the plot which the park home is sited on remains the sole property of the park owner.
The park home itself will be yours outright, however, the land is not included in the purchase price, nor is it leased from the park owner under a leasehold agreement.
Instead, you will sign a Written Statement under the Mobile Homes Act 2013 and pay monthly ground rent (also known as pitch fee) of £268.07 to locate your home on that plot.
You do not have to pay stamp duty or employ the use of a solicitor to purchase a park home, although, you may choose to do so.
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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