2-bedroom detached house · CO15 5EF
Listing removedListed 343 days
Opportunity summary
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About
FOR SALE BY PUBLIC AUCTION ON WEDNESDAY, 3RD DECEMBER 2025 AT 12.00PM NOON. LIVE STREAMED VIA DEDMAN GRAY WEBSITE.
BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE REFURBISHMENT OPPORTUNITY: A VACANT FREEHOLD TWO BEDROOM DETACHED BUNGALOW WITH INTEGRAL GARAGE IN NEED OF MODERNISATION AND IMPROVEMENT A two bedroom detached bungalow offering potential for improvement.
The property benefits from off street parking, garage, substantial rear garden with distance field views and is conveniently located within easy reach of local shops, bus routes and Holland on Sea seafront.
It is considered that the property could be converted to a three bedroom bungalow using the current space.
Entrance Porch Entrance Hall Lounge - 17'11 x 14'0 Kitchen - 10'11 x 9'5 Bedroom One - 13'8 x 12'11 Bedroom Two - 10'7 x 8'9 Bathroom WC We are advised by the seller that the integral garage benefits from double brick cavity walls.
Neighbouring properties of the same layout and design have converted the integral garage to create further accommodation.
It is considered that the improved property would be very popular among homebuyers. E
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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 56 Nansen Road, Holland-on-Sea, Essex, CO15 5EF
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