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See how verdicts work2-bedroom bungalow · BN24 6AB
For saleListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to acquire an older style Two Bedroom, Two Reception Semi-Detached Bungalow situated within easy walking distnace to the village high street and beach.
Although requiring some updating, the property offers huge potential to extend out to the rear as well up into the very large loft space, making it perfect for someone looking to design and create a property to tailor to their own requirments, and at the same time adding space and value.
A particulr feature is the 100' (approx) South Westerly facing rear garden offering huge potential for any gardenning enthusiast and there is also a Garage and long driveway allowing off road parking for several vehicles.
Accommodation: Sealed Unit Double Glazed Door into Hallway - radiator, access to large loft space (offering huge potential to convert to additional rooms) Lounge: 4.86m x 3.64m (15'11" x 11'11") fireplace housing electric fire, radiator, sealed unit double glazed leaded light windows to front Kitchen: 3.48m x 2.42m (11'5" x 7'11") basic range of fitted wall and floor units with contarsting work surfaces incorporating inset stainless steel sink, space and plumbing for washing machine, space and point for fridge/freezer, wall mounted gas boiler, sealed unit double glazed window to rear, door to side Sun Lounge: 3.33m x 2.24m (10'11" x 7'4") radiator, sealed unit double glazed windows to rear and side Bedroom 1: 3.66m x 3.32m (12'0" x 10'10") radiator, sealed unit double glazed window to rear Bedroom 2: 3.49m x 2.41m (11'5" x 7'10") radiator, seaeld unit double glazed window to front Wet Room: Shower area with independent shower unit, pedestal wash hand basin, low level w/c, radiator, sealed unit double glazed window to side Outside: Front - area of lawn with mature hedgerow, long drivewayy allowing off road parking for several vehicles Rear Garden - South Westerly facing, Approx 100' x 30' mostly laid to lawn with shrub borders, patio area, timber garden shed Detached Garage- up and over door, power and light connected, personal door to rear garden
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
Agent & docs
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FAQ
About 29, Wallsend Road, Pevensey
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