2-bedroom bungalow · PE12 8AY
Listing removedReduced £5k (−2.1%) on 7 AugListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the village of Saracens Head, this well presented detached bungalow offers spacious and versatile accommodation, ideal for those seeking village living with outdoor workspace.
The property benefits from generous living accommodation, well proportioned bedrooms and attractive enclosed gardens, providing a comfortable and practical home environment.
A particular feature of the property is the substantial detached workshop, offering excellent potential for a variety of uses including a home business, vehicle storage, hobbies, or trade use, subject to any necessary consents.
In addition, the property boasts a fully insulated shed, complete with power and lighting, creating an ideal space for a home office, studio, gym or year round hobby room.
The spacious and versatile accommodation comprises entrance hallway, open plan lounge/diner with multi fuel burner, kitchen opening to the conservatory which overlook the rear garden making it ideal for relaxing or entertaining, two bedrooms and a family shower room completes the accommodation.
Externally, there is ample off road parking and well maintained gardens with paved patio seating areas. The outbuildings enhance the property's versatility and appeal.
The combination of residential comfort and workspace makes this a rare opportunity for buyers requiring both a home and practical working facilities.
Agent Note: The property is serviced by a septic tank; the vendor has confirmed that they are unsure as to whether the septic tank meets the current ”Septic Tank and Sewage Treatment Plant Regulations & General Binding Rules”.
Pygott & Crone have made no further enquires, and all buyers will need to make their own investigations.
Entrance Hall Lounge/Diner 6.51m x 3.95m - 21'4” x 12'12” Kitchen 3.96m x 2.79m - 12'12” x 9'2” Conservatory 4.03m x 3.12m - 13'3” x 10'3” Bedroom 1 3.61m x 2.96m - 11'10” x 9'9” Bedroom 2 2.58m x 2.52m - 8'6” x 8'3” Shower Room 2.82m x 1.96m - 9'3” x 6'5” Outside Garage 6.15m x 2.41m - 20'2” x 7'11” Garage/Shed 5.8m x 3.35m - 19'0” x 10'12” Workshop/Shed 3.55m x 3.35m - 11'8” x 10'12”
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 Auld Rayne, Washway Road, Saracens Head, Spalding
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