2-bedroom bungalow · CO16 0EN
For saleListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer for sale this detached two-bedroom bungalow, situated along a private road in the highly desirable village of Thorpe-le-Soken.
The property offers two reception rooms and is offered with no onward chain.
Requiring complete refurbishment, with potential for demolition and redevelopment, this property presents an exciting opportunity for those looking to create a bespoke home.
Council Tax Band: C Tenure: Freehold Details with approximate only room sizes Part glazed door to Entrance Porch Further part glazed door to Entrance Hall w: 1.63m x l: 2.01m (w: 5' 4" x l: 6' 7") Access to lounge, bathroom and Kitchen w: 3.73m x l: 3.07m (w: 12' 3" x l: 10' 1") Window to front and window to side, fireplace, range of fitted units, door to bedroom and open access to Dining Room w: 3.76m x l: 2.72m (w: 12' 4" x l: 8' 11") Two windows to front, access to Bedroom 1 w: 3.12m x l: 2.72m (w: 10' 3" x l: 8' 11") Window to front, built in wardrobes.
Bedroom 2 w: 3.07m x l: 3.12m (w: 10' 1" x l: 10' 3") Window to side, built in wardrobe. Bathroom w: 2.57m x l: 2.01m (w: 8' 5" x l: 6' 7") Airing cupboard, three piece suite.
Lounge w: 4.24m x l: 3.05m (w: 13' 11" x l: 10' ) Window to side, French doors with side lights through to Conservatory Fully glazed with windows to either side and rear and door to rear garden.
Outside The front of the property has a partially enclosed garden area with potential parking to the right of the plot, and driveway access to the left leading to Detached Garage With up and over door.
Agents Note The property had an oil fired central heating system but we believe that this boiler is not in a working condition.
The garage roof has partially collapsed as have elements of the internal ceilings.
It is our belief that the property is a timber framed structure and unlikely to be suitable for a mortgage in it's present condition.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
FAQ
About Pickle Lea, St. Michaels Road, Thorpe-le-Soken, Clacton-on-Sea
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