2-bedroom detached house · CO7 0LX
Sold STCListed 180 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A detached 2 bedroom bungalow in a town centre position in an enviable, non estate location. The property benefits from UPVC double glazing and a gas central heating system.
The accommodation comprises :- ENTRANCE HALL with UPVC double glazed door. Built in storage cupboards. Heated linen cupboard with hot tank. Radiator. Trap to roof space.
LOUNGE 14'7" x 12'2" with UPVC double glazed window. Radiator. Gas fire with timber surround. KITCHEN 12' x 10' with coving to textured ceiling. 1 ½ stainless steel sink with mixer taps.
Worksurface tiled over with cupboards under. Gas hob with extractor fan with oven under with drawers and cupboards. Matching wall cabinets and shelving.
Wall mounted gas fired boiler for central heating. Electric fuse board. Boiler panel controls. Archway to - DINING AREA 10' x 9' with coving to textured ceiling. Radiator.
UPVC double glazed window and sliding patio door to rear garden. BEDROOM 1. 12' x 11'5" with UPVC double glazed window. Radiator. BEDROOM 2.
11'10" x 10' including twin double wardrobe cupboards with shelving. 2 single wardrobe cupboards with bedside shelving and cupboards over. UPVC double glazed window. Radiator.
BATHROOM White suite of panelled bath, tiled over with shower and entrance gate, W.C. with push button flush, inset wash hand basin with cupboards and drawers under. UPVC double glazed window.
Radiator. OUTSIDE Front garden laid to lawn with low front brick wall. Block paved drive to side leading to brick built garage 17' x 9'10" with up and over door, power and light.
UPVC side entrance door. To the rear there is a large garden (53ft. wide max x 137ft. deep) laid to lawn with summerhouse, flower borders and bushes. There is an entrance path to both sides.
SERVICES All main services are connected. Council Tax Band D. VIEWING By appointment through LUCAS ESTATE AGENTS. e&oe
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.
Area
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FAQ
About Richard Avenue, CO7
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