3-bedroom bungalow · KT22 8RN
Sold STCListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no onward chain, this detached bungalow enjoys a 0.22 acre South West facing plot being located in a road of higher value detached properties and whilst just a short walk away from local schools, station and town centre.
There is just over 1200 sq.ft of well proportioned space which includes a detached garage.
Set on a wide 56' plot, Glenfield offers a superb opportunity to enlarge further (STPP) and this together with internal remodelling could lead to the creation of a superb family home.
The accommodation includes an inner hall leading to spacious 11' x 10' reception hall off of which are three double bedrooms and large family bathroom.
There is a fitted kitchen with adjoining utility room & cloakroom and lovely 19'11 x 12'10 sitting/dining room with log burning stove, herringbone oak floor and sliding doors to the rear terrace.
Externally, there is a gravel drive with brick edging providing for ample off street parking and access to a detached single garage.
A gated covered walkway leads through the a large rear garden with extensive terrace with steps to a good sized lawn with mature boundary hedging and trees.
There is an impressive timber 14'10 x 9'10 workshop.
N.B 1 - Glenfield is set within the 'private road' part of Forty Foot Road which is maintained by the residents - £150 p.a * N.B.2 - mo/2025/02528 Addition of a first floor extension, raising of the roof height to 9.4 metres.
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 Glenfield, Fortyfoot Road, Leatherhead
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