3-bedroom bungalow · S17 3PP
For saleReduced £25k (−2.9%) on 14 OctListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious property that occupies a generous, corner plot which includes gardens to the front, side and rear.
With over 2014 square feet of accommodation including a large principal suite and plenty of room to extend, subject to the necessary consents.
The property enjoys a great location at the beginning of this highly regarded cul de sac in Dore Village.
The train station is situated nearby, at the bottom of Dore Road and the centre of the village has excellent amenities for day to day life.
With plenty of parking and a double garage and available with no onward chain. Description A spacious and extended, detached bungalow that offers huge potential for further development.
The property is situated on a generous plot which includes a gated access point from Dore Road (overgrown and not currently used) which could provide a separate point of access if required in the future.
With 2014.7 square feet of accommodation that includes three double bedrooms including a large principal suite with both ensuite dressing and bathrooms, two large reception rooms, a kitchen, two bathrooms and a separate W.C.
The layout is well designed and the large plot complements the interior perfectly.
The grounds extend to three sides of the property and it is suggested that there is plenty of space here to extend the living accommodation if required.
The driveway leads to a detached double garage and parking area and there are gates at either side of the property for security.
The property is situated on a very desirable and exclusive road, just off Dore Road and a short walk away from the excellent village amenities in Dore and there is a train station at the foot of the road providing speedy links into town or, via some of the pretty Peak Park villages, into Manchester Piccadilly.
The property is available with no onward chain and is well worthy of an early inspection. Elr premium - important please read: Elr is marketing this property with the benefit of elr Premium.
Elr has introduced elr Premium to help reduce fall through rates and speed up, what can often be, an unnecessary sales process.
Purchasers will benefit from the pre sale buyers pack, which we have created with our legal partners, Taylor Emmet Solicitors, to give buyers as much information as possible before they agree to purchase.
The pack includes: Property Information Questionnaire (piq - a summary of the TA6) TA10 (Fittings and Contents) Official Copy of the Register Title Plan Local Search* Water and Drainage Search* Coal and Mining Search* Environmental Search* (elr have ordered the local, drainage, coal and environmental searches; we will add these to the pack as they become available) elr Premium allows the sale process to be completed significantly quicker than a ‘normal sale’.
This is because the legal work, usually done in the first four to eight weeks after the sale is agreed, has already been completed.
The searches, which can take up to five weeks, are ordered on the day the listing goes live and are transferable to the successful buyer as part of their legal due diligence.
Additionally, and on behalf of the seller, elr requests that the successful buyer enters into a Reservation Agreement and pays the Reservation Agreement Fee of £595 (including VAT).
This includes payment for the Information Pack and all the searches (which a buyer typically purchases separately after the sale is agreed).
Upon receipt of the signed Reservation Agreement, payment of the Reservation Agreement Fee, completion of id and aml checks and the issuing of the Memorandum of Sale, the Seller will agree to take the Property off the market and market it as ‘Sold Subject To Contract’ (sstc).
The reservation period is agreed upon at the time of sale but is usually between 60 and 120 days. The Reservation Fee is non-refundable except where the Seller withdraws from the sale.
A copy of the Reservation Agreement is available on request, and elr advises potential buyers to seek legal advice before entering into the Reservation Agreement.
If you have any questions about the process or want to know how selling or buying with elr Premium could benefit you, please speak to a member of the elr team.
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.
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FAQ
About 1, Thornsett Gardens, Sheffield
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