2-bedroom bungalow · CO1 2SF
For saleReduced £10k (−4%) on 8 FebListed 569 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A semi-detached bungalow a short distance to the city centre, Hythe railway station and University of Essex offering good size living space, large rear garden, off road parking and no onward chain.
An entrance door leads to an entrance hall with all principle rooms leading off. The lounge is located to the rear and has double doors leading to the conservatory with doors to the rear garden.
The kitchen / dining room is accessed from the hallway and has a range of fitted units and work surfaces, sink with mixer taps, double glazed door and window to the rear garden and a double glazed window to the side.
Both bedrooms are located to the front with a double glazed windows, one with an cupboard housing the gas central heating boiler.
A lobby area from the hallway has a stairflight leading to the two good size useable attic rooms, both with rooflight windows.
Outside To the rear of the bungalow is a courtyard area with steps leading up to a large lawn with a timber summerhouse to the rear. There is off road parking available at the front.
Location The property is situated within a short distance to Hythe railway station which offers services to London (Liverpool Street).
Tesco Superstore is close by for shopping facilities for day to day needs.
The University of Essex is also near by and the city centre provides a further range of shopping facilities, bars and restaurants. The A12 can be accessed London bound for the M25.
Directions SatNav - postcode CO1 2SF Important Information Council Tax Band – A Services - We understand that mains water, gas, drainage and electricity are connected to the property.
Tenure - Freehold EPC rating – B Ref - COL180730/PRC
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
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FAQ
About 218 Greenstead Road
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