2-bedroom bungalow · RM16 2EX
To rentListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available now is stunning 2 double bedroom semi-detached bungalow, which benefits from a spacious lounge / dining room, fitted kitchen, bathroom with shower cubicle, gas central heating, double glazing, rear garden and a large driveway to the front.
Internal viewings are highly recommended. Entrance Hall : Approached via opaque double glazed door to front. Access to loft. Large fitted storage cupboard with a further smaller cupboard.
Laminated flooring. Coved ceiling. Radiator. Lounge / Dining Room ; 24'6 x 12'1 (max) Double glazed window to front. Double glazed door leading to rear garden with adjoining double glazed windows.
Coved ceiling. 2 Radiators. Fitted Kitchen ; 10'3 x 7' Opaque double glazed door to rear. Double glazed windows to rear. Range of fitted units with sink unit and drainer. Oven hob and extractor fan.
Concealed boiler. Fridge / freezer and washing machine to remain. Bedroom 1 ; 12'4 x 9'10 Double glazed bay window to front. Coved ceiling. Radiator.
Bedroom 2 ; 9'10 x 9'8 Double glazed window to rear. Coved ceiling. Radiator. Bathroom ; Two opaque double glazed windows to flank. Panelled bath. Independent shower cubicle. Wash hand basin.
Low level w.c. Heated towel rail. Tiled floor. Extractor fan. Part tiled walls. Front Garden ; Brick block driveway to front with parking for 2 cars. Landscaped area with flowers and shrubs.
Rear Garden ; Patio area. Laid to lawn. Shed to remain.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 MEADOW ROAD, North Grays
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