3-bedroom bungalow · SN3 5AU
Listing removedListed 418 days
Opportunity summary
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About
**New Instruction** CHAPPELLS ARE DELIGHTED TO OFFER FOR SALE THIS VERY SPACIOUS DETACHED BUNGALOW SITUATED ON A CORNER PLOT IN THE SOUGHT AFTER CUL-DE-SAC OF TEALSBROOK IN COVINGHAM.
THE BUNGALOW IS IN NEED OF MODERNISATION BUT OFFERS SUBSTANTIAL ACCOMMODATION INCLUDING:- AN ENCLOSED PORCH, ENTRANCE HALL, THREE DOUBLE BEDROOMS, A BATHROOM, LARGE LOUNGE WITH DOUBLE DOORS LEADING THROUGH TO A DINING ROOM, A SUN ROOM/LEAN-TO, KITCHEN AND A SPACIOUS CONSERVATORY.
THE GARDEN IS MAINLY LAID TO PATIO/PAVED FOR EASE OF MAINTENANCE AND IS WELL STOCKED WITH A VARIETY OF TREES AND SHRUBS, OFFERING MUCH PRIVACY.
THERE IS REAR ACCESS TO THE SUN ROOM AND GARAGE AND SIDE ACCESS LEADING TO THE FRONT OF THE BUNGALOW WITH DRIVEWAY PARKING FOR TWO CARS.
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.
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About Tealsbrook, Swindon
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