2-bedroom bungalow · RM16 2RL
For saleListed 85 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
--GUIDE PRICE--£475,000-£495,000--Located within this sought after avenue is this attractive 2 bedroom detached bungalow which is offered for sale with huge potential and no onward chain.
Benefits include a spacious lounge, fitted kitchen, bathroom, driveway to front and a 105ft rear garden. Entrance Porch ; Approached via lead light double glazed door to front.
Opaque glazed door leading; Inner Hallway ; Access to loft. Coved ceiling. Radiator. Lounge ; 15'5 x 12'5 Lead light double glazed bay window to front. Feature fireplace. Coved ceiling. Radiator.
Fitted Kitchen : 15'7 x 9'5 (max) Lead light double glazed door leading to rear garden. Lead light double glazed window to rear. Range of fitted units with sink unit and drainer.
Integrated fridge and separate integrated freezer. Part tiled walls. Radiator. Bedroom 1 : 14'1 x 11' Lead light double glazed window to front. Coved ceiling. Radiator.
Bedroom 2 ; 11' x 11' Lead light double glazed window to rear. Coved ceiling. Radiator. Bathroom ; 6'9 x 6'8 Opaque lead light double glazed indow to rear. Panelled bath. Wash hand basin.
Low level w.c. Fitted airing cupboard with boiler. Tiled walls, Coved ceiling. Radiator. Front Garden ; Driveway to flank. Laid to lawn. Pathway to entrance hall.
Garage / Outbuilding : Approached to the flank via a restricted driveway. Up and over door. Rear Garden ; 105ft Patio area. Laid to lawn. 2 Garden sheds. Side access. Door to garage / outbuilding.
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
Agent & docs
FAQ
About VICTORIA AVENUE, North Grays
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