2-bedroom bungalow · RM12 4NL
Listing removedReduced £25k (−5.3%) on 10 SepListed 72 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• guide price £475,000 - £500,000 • no onward chain • two bedroom semi detached bungalow • situated 0.5 miles to hornchurch district line station • close to hornchurch town centre • 85' approx.
Rear garden • ample off street parking • 24' lounge/diner • fitted kitchen • council tax band: D Entrance Via Entrance door to: Entrance Hall Access to loft, radiator, ceiling with cornice coving, doors to accommodation.
Bedroom One 11'5 x 10'7. Double glazed bay window to front, ceiling with cornice coving. Bedroom Two 11'5 x 10'11. Currently being used as a dining room.
Double glazed sliding patio doors to rear, feature fireplace, ceiling with cornice coving. Lounge/Diner 24'6 x 13'8.
Double glazed bay window to front, double glazed window to side, feature fireplace, ceiling with cornice coving. Kitchen 10'4 x 7'9.
Double glazed window to rear, double glazed door to rear leading to garden, range of base level units and drawers with work surfaces over, inset sink drainer unit, space for domestic appliances, range of matching eye level cupboards, complementary tiled splash backs, smooth ceiling.
Family Bathroom/wc Obscure double glazed window to rear. Suite comprising: Panelled bath with folding glazed shower screen, pedestal wash hand basin, low level wc.
Heated towel rail, storage cupboard, complementary tiling to walls. Rear Garden 85' approx..
Commencing paved patio area with pathway to rear, remainder laid to lawn, mature shrubs and trees, gated side access.
Front Of Property Brick paved providing off street parking, shared side access leading to garden.
Buyers Information Pack Please see below the link to access the Buyers Information Pack/ta forms: A745587b9d
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
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FAQ
About 38, Mansfield Gardens, Hornchurch
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