1-bedroom bungalow · DN36 4ZU
Listing removedReduced £5k (−4.5%) on 3 JulListed 268 days
Opportunity summary
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About
Tucked away within the exclusive over 55’s Carrington Gardens development, this well-presented one-bedroom bungalow offers a perfect balance of comfort and community.
The property is currently offered for sale at £109,950 for a 75% share , however, there is also the option to purchase the full 100% on a freehold basis Step inside to a welcoming entrance hall with handy storage, leading to a bright lounge overlooking the garden, a stylish kitchen/breakfast room with integrated appliances, generous amounts of storage, a spacious double bedroom with built-in wardrobes, and a separate shower room.
Outside, residents enjoy well-kept landscaped gardens without the hassle of maintenance, along with allocated parking.
The development is designed for easy living, with level access throughout, making it ideal for those seeking a home that’s both accessible and low maintenance.
Residents benefit from the reassurance of external repairs and garden care being fully managed, while the on-site clubhouse provides space for guest stays and a welcoming calendar of social events.
A superb opportunity for those looking to downsize in a peaceful and friendly setting. EPC rating: B.
% Share being sold: 75, Service charge description: £177.76 Service charge £.4.03 Property insurance, Additional liabilities or obligations: £114.65 rent for 25% share, Mobile signal information: Good outdoor, variable inside EE 3 Vodafone 02 Entrance Hall Living Room (4.59m x 3.09m (15'1" x 10'2")) Kitchen/Breakfast Room (3.48m x 3.09m (11'5" x 10'2")) Bedroom (4.25m x 2.76m (13'11" x 9'1")) Shower Room (1.92m x 1.71m (6'4" x 5'7")) Agents Note - Lease The vendor has advised us that the property tenure is leasehold and the property is subject to a monthly service charge of £177.76 for the use of the communal areas, window cleaning and gardening.
Buildings insurance is £4.03 a month. Additional Note Please note – where a 75% share is purchased, there is a rental charge on the remaining 25%.
The current amount payable is £114.65 per month, plus building insurance of £4.03 per month.
Location Humberston is a sought after village with its ever popular Comprehensive School and a wide range of facilities including several public houses, supermarkets, newsagents etc.
Regular bus services provide easy access to both Grimsby and Cleethorpes Town Centres, together with an abundance of leisure activities including the nearby Humberston Country Club with its golf course and Cleethorpes seafront.
Broadband Type Standard- 19 Mbps (download speed), 1Mbps (upload speed), Ultrafast - 1800 Mbps (download speed), 220 Mbps (upload speed). Agents Note These particulars are for guidance only.
Lovelle Estate Agency, their clients and any joint agents give notice that:- They have no authority to give or make representation/warranties regarding the property, or comment on the services, tenure and right of way of any property.
These particulars do not form part of any contract and must not be relied upon as statements or representation of fact. All measurements/areas are approximate.
The particulars including photographs and plans are for guidance only and are not necessarily comprehensive.
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
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FAQ
About 1, Sycamore Way, Humberston
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