2-bedroom bungalow · ME12 4LT
For saleReduced £10k (−28.6%) on 20 JunListed 521 days
Opportunity summary
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About
Megadale Estates are delighted to present this 2 bedroom brick built chalet situated on a premier site in Warden Bay with Clubhouse, leisure facilities and children’s park, just 300 metres from Leysdown’s award winning beach.
In need of some modernisation. Mains gas supply. 10 months occupancy March 1st to January 2nd. 940 year lease. Peppercorn rent £15 per annum. Annual service charge £1766.
Council Tax Band A £1553 The Accommodation at 20 Saddlebrook Park, Warden Bay comprises of the following: UPVC double glazed front door leading to: Lounge area: 11’7 x 9’5 – Fitted carpet, skimmed ceiling, power points.
UPVC windows to front and side. Sofas and dining table & chairs. Electric heater. Kitchen area: 10’10 x 4’3 – Fitted kitchen comprising of base and overhead units with complementary work surfaces.
Stainless steel single bowl sink with draining board & gas water heater, space for gas cooker, fridge/freezer, power points, local tiling UPVC double glazed window to side.
Shower room: 5’10 x 4’8 – Low level WC, pedestal mounted hand wash basin, single shower enclosure with shower, skimmed ceiling, local tiling.
Bedroom 1: 12’11 x 6’5 – Skimmed ceiling, fitted carpet, power points, UPVC double glazed window to side. Double bed, wardrobe, cupboards.
Bedroom 2: 12’11 x 4’8 – Skimmed ceiling, fitted carpet, power points, UPVC double glazed window to rear. Bunk beds, drawer unit. Exterior: Laid to lawn, outside light.
Please note the vendor has not yet verified these details. Viewing: Strictly by appointment through Megadale Estates.
Under the terms of The Property Mis-descriptions Act 1991 we are led to believe that all fixtures and fittings are in working order.
Whilst every effort has been made to ensure that these details are true and accurate, responsibility cannot be accepted for incorrect figures or statement and it is on this understanding that these particulars are issued, also that all negotiations be carried out through Megadale Estates.
These particulars do not form the basis of a contract
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 20, SADDLEBROOK PARK, Leysdown
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