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See how verdicts work2-bedroom bungalow · YO43 4AS
Listing removedListed 762 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Discover peaceful living in this charming semi-detached two-bedroom bungalow, designed exclusively for the over 55s with a 75% shared ownership through Anchor Housing, offering a hassle-free lifestyle.
Set on a generous plot with well-maintained front and rear gardens, the property enjoys tranquil views overlooking open fields.
The accommodation features a welcoming entrance hall, a bright sitting room, a fitted kitchen, and a modern bathroom. With no onward chain, a driveway, and garage, this is the ideal retirement home.
Tenure: Leasehold. East Riding of Yorkshire Council band B. The Accommodation Comprises Entrance Hall Two fitted cupboards, one housing the hot water cylinder.
Wall-mounted electric heater and access to loft space. Sitting Room (4.56m x 3.70m max (14'11" x 12'1" max)) Wall-mounted electric heater, ceiling coving, TV aerial outlet, telephone point.
Kitchen (2.63m x 2.90m (8'7" x 9'6")) Fitted with a range of wall and base units comprising work surfaces, a 1.5 bowl stainless steel sink unit, eye-level oven, electric hob with extractor above, plumbing for an automatic washer, part-tiled walls, and a PVC rear entrance door.
Bedroom 1 (3.65m x 2.93m (11'11" x 9'7")) Wall-mounted electric heater, fitted wardrobe, ceiling coving. Bedroom 2 (2.41m x 2.93m (7'10" x 9'7")) Wall-mounted electric heater, fitted wardrobe.
Bathroom Three-piece suite comprising a panelled bath with shower over and shower screen, pedestal wash hand basin, low flush WC, and part-tiled walls.
Outside Set on a generous plot with well-maintained front and rear gardens, the property enjoys tranquil views overlooking open fields, along with a driveway and garage.
Garage Up and over door, side personal door, power and light. Additional Information The current vendor has informed us of the following: The lease is for 125 years, with 97 years remaining.
The annual ground rent is currently £102.40, and there is an Estate Service Charge of £123.47 on the remaining 25% share. All of the above will be confirmed by solicitors.
Services Mains water, electricity and drainage. Appliances No appliances have been tested by the agent.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 18, Springfield Estate, Holme-On-Spalding-Moor
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