2-bedroom house · ST3 1SP
Listing removedListed 257 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A lovely two bedroom semi-detached bungalow in a pleasant residential neighbourhood. The property is in need of renovation and it is to be sold with the advantage of no upward chain!
Benefits from gas central heating (new combi boiler) and uPVC double glazing. A driveway provides ample parking and leads to a detached garage. There are gardens to the front and rear.
HALLWAY: uPVC door, fitted carpet, store housing combi boiler. KITCHEN: 7'7" x 7'1" (2.31m x 2.16m) , Sink unit with cupboards below, base and wall storage units, working surfaces.
uPVC double glazing, plumbing for washing machine, vinyl flooring. LOUNGE: 15'1" x 10'5" (4.60m x 3.18m) , Laminate flooring, uPVC double glazing, central heating radiator.
SHOWER ROOM/WC: 5'7" x 5'2" (1.70m x 1.57m) , Shower cubicle, low level WC, pedestal wash hand basin, uPVC double glazing, central heating radiator, laminate flooring.
BEDROOM ONE: 12'3" x 9'10" (3.73m x 3.00m) , Fitted carpet, central heating radiator, patio door. CONSERVATORY: 7'11" x 9'4" (2.41m x 2.84m) , uPVC double glazing, tiled floor, under floor heating.
BEDROOM TWO: 8'6" x 7'0" (2.59m x 2.13m) , Fitted carpet, uPVC double glazing, central heating radiator. EXTERNALLY: Front garden adjoined by a brick block driveway. Enclosed garden to the rear.
GARAGE: 20'0" x 10'4" (6.10m x 3.15m) , Power and lighting.
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 Forrister Street, Meir Hay, ST3
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