2-bedroom bungalow · YO18 8PR
Sold STCListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
7 Swainsea is offered for sale on a completely 'chain free' basis and is located in this now very well established part of town just off Swainsea Lane on the North West side of town.
The side door leads immediately a generous dining kitchen, the lounge is also of a good size, there are two rear facing bedrooms and a bathroom with white suite and over bath shower.
The rear gardens enjoy a south facing aspect, the driveway leads upto a larger than average detached garage with remote door.
Central heating is from a Worcester combi whilst windows are double glazed in uPVC.
General Information - Swainsea Drive is located on the north west edge of town, only a short walk to the centre, there is a regular mini bus service to the centre of town.
Pickering is a bustling market town, famous for its castle and steam railway, and located on the southern boundary of the North York Moors National Park and close to the heritage coastline.
The town offers a wide range of amenities, including primary and secondary school, sport centre, restaurants, public houses and an array of retailers.
Dining Kitchen - With a range of relatively modern base and wall level unit, integrated dishwasher, oven, hob and hood over.
Plumbing for washing machine, front and side facing window windows and side entrance door onto the driveway, wall mounted Worcester Comby style central heating boiler, radiator.
Inner Hallway - Hatch to the loft.
Lounge - Of a generous size with large front window and radiator beneath, further window to the west side also with radiator beneath, living flame gas fire in traditional style surround.
Bedroom 1 - Rear facing window with radiator beneath, full width range of wardrobes. Bedroom 2 - Rear window with radiator beneath.
Bathroom - Relatively modern white three-piece suite including Bath, WC, wash basin, over bath shower, side facing window, tiled to 3 walls and to the floor.
Outside Space/Gardens - Nicely established lawn garden area at the front with borders and front boundary hedge.
A good length driveway to the side gives access to the rear gardens also laid mainly to lawn with timber shed and enjoying a particularly sunny south facing aspect. Garage - Larger than average size.
22’ 6 x 12‘ wide, sectional construction with power and light connected and with remove operated front door.
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 Swainsea Drive, Pickering
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