3-bedroom bungalow · RM13 8PL
Listing removedReduced £100 (−3.8%) on 9 AugListed 88 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• three double bedrooms • detached bungalow • through lounge • large fitted kitchen • family bathroom • en-suite shower room • lean-to • out building • garage • garden • driveway • available now Lounge Through Lounge with laminate flooring, double glazed window to front, one radiator and sliding doors leading to kitchen.
Kitchen (16' 3" x 12' 4") Large fitted kitchen with matching wall and base units.
Lean-To (28' 6" x 14' 8") Out Building (15' 10" x 8' 1") Bedroom 1 (13' 10" x 12' 3") Double bedroom with laminate flooring, built in wardrobes, double glazed window to front and one radiator.
Bedroom 2 (11' 6" x 11' 1") Double bedroom with laminate flooring, built in wardrobes, double glazed windows to side and one radiator.
Bedroom 3 (12' 4" x 10' 1") Double bedroom with laminate flooring, double glazed window to rear and one radiator.
En-Suite Walk in shower cubicle, wall mounted wash hand basin, low level WC and heated towel rail.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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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 15, Lower Mardyke Avenue, Essex
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