2-bedroom bungalow · WV16 4HY
Sold STCListed 125 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
In need of some modernisation throughout, this 2 bedroom bungalow has great potential. Situated in a convenient and popular location within walking distance to local amenities and public transport.
No Onward Chain.
Bridgnorth High Street - 0.5 miles, Much Wenlock - 7.9 miles, Telford - 14 miles, Kidderminster - 15.2 miles, Wolverhampton - 15.5 miles, Shrewsbury - 20.9 miles, Ludlow - 20.1 miles, Birmingham -31.1 miles.
(All distances are approximate). Location - Situated just off Innage Lane, Orchard Drive is within walking distance of local shops and public transport and the High Town amenities beyond.
Bridgnorth is a picturesque Market Town with a variety of facilities including shops, cafes, post office, restaurants and pubs.
Bridgnorth benefits from good schooling in both sectors as well as sporting facilities, healthcare and further local attractions such as the River Severn, Severn Valley Steam Railway and the farmers market of a weekend.
Accomodation - Upon entering the property the hallway leads to the living room, both bedrooms and the bathroom.
The living room is spacious and bright with a large window and feature fireplace with gas fire.
The living room leads to the kitchen with plentiful cupboard space, provisions for washing machine, and under counter fridge/freezer and an electric cooker; off the kitchen there is a conservatory which leads out to the garden.
The principal bedroom is a good sized double room with built in storage, benefitting from a view over the back garden. There is a second double bedroom, overlooking the front aspect.
The bathroom has a walk in shower, WC and sink.
Outside - To the front the property benefits from a driveway with parking for two vehicles, access to the rear and a front garden with lawn and planted beds with shrubbery.
The rear garden of the property has a patio area and path, a flat lawn and mature planted beds. The garden overlooks the local football pitch and enjoys an open aspect to the rear.
There is a detached single garage with up and over door and personnel door from the garden providing good storage. Services - We have been advised by our client that all mains services are connected.
Verification should be obtained by your Surveyor. Council Tax - Shropshire Council Tax Band: C Tenure - We have been informed by our client that the property is FREEHOLD.
Verification should be obtained by your Solicitor. Viewing Arrangements - Viewings strictly BY APPOINTMENT ONLY. Please contact our Bridgnorth Office.
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.
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About 13 Orchard Drive, Bridgnorth
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