2-bedroom bungalow · CR5 1QT
Sold STCListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £600,000 to £625,000.
Chain-free detached bungalow offering over 1,000 sq ft of well-presented accommodation, featuring an updated kitchen and shower facilities, generous driveway parking, detached garage, private rear garden and exciting scope to extend (STPP).
A fabulous opportunity to acquire this attractive detached bungalow, occupying a generous plot.
Approached via a large private driveway providing off-road parking for several vehicles, the property also benefits from a detached garage and offers excellent potential for those looking to downsize without compromise or for buyers seeking a home with scope to further enhance and extend, subject to obtaining the necessary planning permissions and building regulations approval.
The accommodation extends to approximately 1,020 sq ft and is arranged around a spacious central entrance hall.
The heart of the home is the impressive open-plan living and dining room, a wonderfully bright space measuring over 22ft in length, featuring an attractive gas fireplace and French doors opening directly onto the rear garden, creating an ideal environment for both everyday living and entertaining.
In recent years, the current owners have invested in a number of improvements, including the replacement of the kitchen, en-suite shower room and main shower room.
The contemporary kitchen is fitted with a range of integrated appliances and ample storage, whilst the modern shower room benefits from a recently installed Aqualisa shower.
The property offers two generous double bedrooms, with the principal bedroom enjoying fitted wardrobes and its own updated en-suite shower room.
Outside, the rear garden enjoys a good degree of privacy and has been thoughtfully arranged with a combination of lawn and patio seating areas, providing the perfect space to relax or entertain family and friends during the warmer months.
Properties of this style, condition and location rarely remain available for long, particularly with ample parking, a detached garage and exciting potential to further extend should the next owners wish.
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
Agent & docs
FAQ
About 3, Darcy Close, Coulsdon
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