2-bedroom house · NG25 0JE
Sold STCListed 141 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Need2View are bringing to market this beautifully presented, two bedroom, link detached bungalow, located in a highly sought after over 55's development in Southwell.
The property offers a spacious living room, modern dining kitchen, two good sized double bedrooms, a W.C. and a family bathroom all conveniently located on one level.
To the rear of the property there is a low maintenance garden with a lawn and a new patio area and to the front there is a garage and driveway providing off street parking.
The bungalow has just undergone a full, high-quality refurbishment to include a new kitchen, bathroom, W.C., central heating system, new UPVC windows and doors to include a new composite front door with decorative glass, new internal solid wood doors, new floor tiling and wool carpets, a new rear patio and front path Council Tax Band: C (Newark and Sherwood District Council) Tenure: Freehold Hall With access to the W.C and living room, radiator, power and ceiling light points.
Lounge 0.483m x 3.81m A spacious family room with UPVC double glazed window to the front radiator, power and ceiling light points.
Kitchen/diner 3.454m x 3.251m Fitted with a range of wall and base units in a grey finish with coordinating work surfaces, space and plumbing for a washing machine, integrated fridge freezer, integrated oven, four ring gas hob, extractor fan, one and a half bowl single drainer sink with mixer tap, UPVC double glazed window to the rear, UPVC door to the rear, radiator, power and ceiling light points.
WC 1.981m x 0.813m With wash hand basin built into vanity unit, W.C., UPVC double glazed opaque window, chrome towel radiator and ceiling light point.
Hall With access to bedrooms, bathroom and kitchen. There is also access via a drop-down ladder to a fully boarded loft.
Bedroom 1 3.607m x 3.48m With UPVC double glazed window to the rear, radiator, power and ceiling light points.
Bedroom 2 3.81m x 3.073m With UPVC double glazed window to the front, radiator, power and ceiling light points Bathroom 2.388m x 3.251m White suite comprising of a wash hand basin, W.C.
and a shower cubicle, part wall tiling, UPVC double glazed opaque window to the rear, chrome towel radiator and ceiling light point.
Outside To the rear of the property there is a low maintenance garden laid to lawn with a brand new patio area, fully enclosed with new fencing and to the front there is a garage and driveway for off street parking.
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.
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