2-bedroom bungalow · SG8 5TH
For saleReduced £5k (−2.5%) on 20 OctListed 526 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the centre of the highly sought after village of Orwell, this immaculately presented, and updated two bedroom bungalow, is for the over 60's and sold on a 75% shared basis with scdc.
Set in the corner of this small cul de sac, with communal parking and a small low maintenance courtyard style rear garden. No upward chain.
Entrance porch Glazed entrance door to: Reception hall Access to loft space. Store room 1.37 m x 1.22 m (4'6" x 4'0") Power and light connected.
Sitting room 4.85 m x 3.17 m (15'11" x 10'5") Window to the front, wall mounted electric storage heater.
Bedroom one 4.55 m x 2.64 m (14'11" x 8'8") Window to the front, wall mounted electric storage heater.
Bedroom two 2.41 m x 2.69 m (7'11" x 8'10") Window to the rear, wall mounted electric storage heater.
Kitchen 3.45 m x 2.24 m (11'4" x 7'4") Fitted range of units with contrasting marble effect work surface. Inset single drainer stainless steel sink unit, range of matching base units.
Inset four burner ceramic hob, and single oven beneath. Matching wall mounted cupboards. Window to the rear, and wall mounted electric heater.
Serving hatch to sitting room Shower wet room White suite with wall mounted wash basin and double drawers beneath. Close coupled wc and walk in shower area. Window to the rear, single airing cupboard.
Outside To the front there is a small open plan garden area. Pedestrian access to the rear, with gated access to the rear garden. Low maintenance with hard paving, and flower borders.
Storage shed 2.13 m x 1.52 m (7'0" x 5'0") Brick construction.
Tenure Leasehold - 125 year lease from 02/10/2006 Service charge: £644.51 per quarter Buildings insurance: £14.94 Ground rent: £6.50 per quarter Viewing By prior appointment with Pocock and Shaw Services All mains services with the exception of gas.
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 18 Lordship Close, Royston
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