2-bedroom bungalow · RM16 2RW
For saleListed 169 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An extended 2 bedroom semi detached bungalow situated in a lovely tree lined residential turning. The property has plenty of parking, a garage and a lovely 80ft garden.
Modernisation is required but the space is excellent. No chain. ENTRANCE HALL Entrance door. Doors to rooms. BEDROOM 1 Double glazed bay window to front. Radiator. Fitted wardrobes. Coving to ceiling.
BEDROOM 2 Double glazed window to front. Radiator. Coving to ceiling. BATHROOM Enlarged opaque double glazed window to side.
Coloured suite comprising pedestal wash basin, low level WC and shower with electric shower. Airing cupboard. Ceramic tiled walls. Radiator.
LIVING ROOM A very large room with double glazed sliding patio doors to rear garden. Coving to ceiling. Radiator. KITCHEN Double glazed window and door to rear. extensive range of fitted units.
Boiler in cupboard. Worktop and inset sink unit with mixer tap. Further appliance spaces. EXTERIOR FRONT There is a shared driveway giving access to parking at the front with some hedging.
The shared driveway continues past the side of the property leading to the garage and further parking. Gate to garden.
REAR The 80ft garden commences with a patio area then a lawn with flower & shrub borders. A second patio at the bottom with a shed (power & light connected).
The garage has power & light plus an up & over door. There is parking for 2.
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
Agent & docs
FAQ
About Victoria Avenue, North Grays, RM16 2RW
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