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See how verdicts work3-bedroom bungalow · PO40 9DB
Listing removedListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to purchase a detached three bedroomed chalet bungalow in need of extensive modernisation and remedial works located on the fringes of Freshwater Village with parking. Chain Free.
This chain free chalet style bungalow offers three bedrooms, a good sized living room, a conservatory/sun room, a kitchen/diner with access to utility, a bath and shower room plus an attic room/bedroom three.
To the front there is off-road parking for two cars and there is a large rear garden, (in need of some landscaping), which includes two wood built sheds.
Location Situated in a row of other period homes with some newer additions nearby with nearest shops to be found at Freshwater Village a couple of minutes drive away or 15minute walk..
The village pub and Local Church are a short walk away and there are good road and bus links locally plus the nearest ferry with regular crossings too and from Lymington, can be found at Yarmouth a five minute drive away.
Porch Accessed from parking area with second door into Hall An 'L' shaped hall with three built-in storage cupboards and access to the other rooms and staircase to Attic Room..
Kitchen (4.930 x 2.860 (16'2" x 9'4")) A good sized kitchen diner with a range of wall and floor mounted kitchen units and worksurface area over.
There is a space for a free-standing cooker and room for a table and chairs.
Window to front with internal door to : Utility (2.685 x 1.545 (8'9" x 5'0")) Space for and plumbing for washing machine and tumble dryer with access to conservatory plus door to outside.
Conservatory/Sun Room (4.800 x 2.685 (15'8" x 8'9")) A good size room with double patio doors to and from living room and access to the utility. Windows to three sides. Living Room (4.905 max.
X 3.805 max (16'1" max. X 12'5" max)) With double doors to conservatory and window to the side aspect, this is a generous space ideal for a family.
There is some built-in storage under the stairs and a fireplace. Bedroom One (3.815 x 3.805 (12'6" x 12'5")) A double bedroom with open box bay window to the front and built-in wardrobes and storage.
Bedroom Two (3.735 x 3.170 (12'3" x 10'4" )) Another slightly smaller double room also with open box bay to front.
Bath And Shower Room Comprising a curved corner shower unit, a panelled bath, WC and wash hand basin. There are two obscure windows to the side.
Attic Room/Bedroom Three (4.890 x 4.285 (16'0" x 14'0")) Access to and from the hall with wood stairs to first floor landing. Eaves storage and window to one side.
With landing leading into main bedroom area with two Velux style windows, one to front and one to the rear and a built-in double wardrobe.
There is also further storage in the eaves from the bedroom too.
Important Information Sold with no chain involved and being a definite project, the bungalow is in need of substantial remedial works, modernisation and redecoration throughout and has been priced keenly to reflect its current condition..
Works and updating required include fitting a new kitchen changing old bathroom, installing a new electric consumer unit and rewire, commissioning a new gas combination boiler, (current floor standing boiler not used for over two years and very outdated), Some windows and doors are likely needing to be replaced sooner rather than later.
And some fencing in rear garden is missing. This list is not exhaustive and a survey is advised accordingly.
Tenure Freehold Council Tax Band D Epc Rating F Postcode PO40 9DB Viewing Strictly by appointment only via Spence Willard Estate Agents in Freshwater. Important notice 1.
Particulars: These particulars are not an offer or contract, nor part of one.
You should not rely on statements by Spence Willard in the particulars or by word of mouth or in writing ("information") as being factually accurate about the property, its condition or its value.
Neither Spence Willard nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s).
2. Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. 3.
Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained.
A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. 4.
VAT: The VAT position relating to the property may change without notice.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Orcombe, Copse Lane, Freshwater
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