1-bedroom bungalow · NG16 4ES
Listing removedListed 361 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***offers over £130,000*** great location and value for A bungalow!
*** no chain *** Located only a short distance from the shops at Langley Mill this semi detached bungalow is perfect for those working to a budget but need life on one level!
The bungalow is currently laid out as a 1 bed but could be converted back to its original 2 bedroom layout and comprises of a living room, dining room with a fixed staircase to the loft space, conservatory, kitchen/breakfast and a bathroom.
To the front is a private driveway and to the rear an enclosed garden is provided. To view this great bungalow call our sales team today to book your viewing.
Entrance Hall Entrance door, tiled flooring, door to bathroom, bedroom and dining room and open access to kitchen.
Kitchen 3.49m x 3.08m (11' 5" x 10' 1") A range of wall and base units with worksurfaces incorporating inset 1.5 stainless sink & drainer unit.
Intergrated appliances including waist height electric oven and gas hob with extractor over. UPVC double glazed window to the rear, wall mounted combination boiler, tiled walls and flooring.
Dining Room 3.52m x 2.56m (11' 7" x 8' 5") Laminate wood flooring, stairs to access loft with under stairs storage, radiator open access to the lounge and double doors to the garden room.
Lounge 3.61m x 3.47m (11' 10" x 11' 5") UPVC double glazed window to the front, radiator, feature fireplace with inset electric fire.
Garden Room Wood single glazed windows to the side and rear, vinyl flooring and French doors to the rear garden.
Bedroom 1 3.81m x 3.59m (12' 6" x 11' 9") UPVC double glazed window to the front, fitted wardrobe and radiator. Bathroom White three piece suite comprising wc, pedestal sink and panel bath.
Obscured uPVC double glazed window to the side, partially tiled walls and radiator.
Outside To the front of the property is a tarmacadam driveway with paved pathway to the side giving access to the timber gate leading to the entrance door, rear garden and garage, palisaded by timber fencing and well established hedges.
The rear garden features a two tiered paved patio seating area, turfed lawn, enclosed by a mixture of brick walls and timber fencing.
*** Agent Note *** *** agent note *** The seller has provided us with the following information: The gas boiler is located in the kitchen, it is approximately ten years old.
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 15, Bank Street, Nottingham
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