2-bedroom bungalow · LE10 2RH
Sold STCListed 224 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO CHAIN. In need of full modernisation/ refurbishment. Deceptively spacious extended dormer bungalow.
Sought after and highly convenient village cul de sac location with good access to the A5 and M69 motorway.
In need of modernisation, the property benefits from gas central heating, UPVC double glazing and balcony. Offers entrance hall, lounge dining room, dining room and kitchen.
Two/Three bedrooms, bathroom and vanity room/separate WC. Wide driveway to front. Enclosed rear garden with workshop. Viewing highly recommended.
Tenure - Freehold Council Tax Band D Accommodation - Open canopy porch with lighting and a wooden panelled interior door to Entrance Hallway - With single panelled radiator and wooden englazed door to a cloak room, white panelled interior door to Bedroom Two To Front - 3.20 x 3.06 max (10'5" x 10'0" max) - With a single panelled radiator Bedroom Three - 3.44 x 3.07 (11'3" x 10'0") - With fitted bedroom furniture consisting of wardrobes with cupboards above and dresser.
Single panelled radiator, wall lights and coving to ceiling.
Separate Wc - 1.72 x 0.773 (5'7" x 2'6") - With low level WC Refitted Bathroom - 1.72 x 1.96 (5'7" x 6'5") - With white suite consisting of panelled bath with Triton electric shower, fully tiled surrounds including the flooring.
Pedestal wash hand basin, door to airing cupboard which houses the British Gas gas boiler and copper cylinder for the hot water and thermostat.
Lounge Dining Room To Front - 7.06 max x 4.53 max (23'1" max x 14'10" max) - Minimum measurement towards the fireplace is 4.49m.
With double panelled radiator, bay window to front, feature fireplace incorporating a coal effect electric fire with tiled ceramic hearth. Stairway to first floor.
Kitchen - 4.84 x 2.25 (15'10" x 7'4") - With a range of fitted kitchen units with roll edge working surfaces above, plumbing for an automatic washing machine, UPVC SUDG door to outside.
Integrated electric oven and grill, four ring hob, extractor above.
Archway through to Dining Room To Front - 2.94 x 3.12 (9'7" x 10'2") - With wall mounted cupboard which houses the electric consumer unit, electric meter, fitted shelving and wall lights and laminate wood strip flooring.
Bedroom One - 5.11 x 3.02 (16'9" x 9'10") - With a range of fitted storage in the eaves, single panelled radiator and wall lights.
Vanity Room/Wc - 2.13 x 1.63 (6'11" x 5'4") - Low level WC and sink and cupboards.
One houses the low level WC UPVC SUDG door to the balcony to front Outside - The property is nicely situated towards the head of the cul-de-sac set back from the road with a double tarmacadam driveway to front with surrounding raised stocked borders.
Access via timber gate to side is the good sized rear garden. Adjacent to the rear of the property is a slabbed patio. The garden is well established with plants and trees.
Steps down to Workshop To Side - 6.38 max x 3.06 max (20'11" max x 10'0" max) - Which is brick built with shelving, light and power
Value & comps
No previous sales on record.
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 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
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FAQ
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