2-bedroom bungalow · NG31 8RW
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*AVAILABLE WITH NO DEPOSIT* Contemporary Two Bedroom Semi-Detached PBungalow located in quiet cul-de-sac location in the highly sought after area of Barrowby Gate, within easy walking distance to the town centre, local amenities and close distance to the A1 and A52.
The accommodation consists of entrance porch leading to the entrance hallway, modern breakfast kitchen with built in electric oven and hob, plumbing for washing machine and space for fridge, sizeable lounge with feature bay window to the front elevation, two bedrooms of which the second bedroom has built in wardrobe and sliding patio doors to the rear garden, modern 3 piece suite bathroom consisting of bath with shower over, wash hand basin, WC and built in storage cupboard.
Outside there is a open lawned garden with driveway providing ample off road parking, single garage with power and lighting, access ramp leading to the entrance porch, side access gate leading to the well established rear garden with patio and gravel seating area with steps up to raised area with mature trees and shrubs.
EPC rating: C.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Rochester Drive, Grantham, NG31
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