3-bedroom bungalow · BH18 9ET
Sold STCListed 46 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
VACANT POSSESSION. An increasingly rare opportunity to acquire an original un-extended BUNGALOW in this central Broadstone location.
The property offers huge potential for extending and remodelling (STPP). The property stands on a very large level plot.
The property was constructed in the late 1950's by the highly respected local builder Harry J Palmer. There are even the original plans dated January 1956 hanging in the sitting room.
The property offers significant potential to completely extend and remodel (STPP) as many in the road have done in fact this is one of the few bungalows that has not had its potential maximised so there is a fabulous opportunity for the new owners.
A side door leads into an entrance vestibule with glazed door into inner hallway. Due to an insurance claim there are new ceilings and decoration in the entrance hall, lounge, kitchen and bathroom.
Access to good sized loft. The sitting room is bright and airy with an attractive brick fire surround. Adjoining lean-to potting area with windows overlooking the rear garden.
The kitchen has been replaced with gloss fronted cupboards and drawers with surrounding work surface. Stainless steel sink unit and chrome mixer taps. Space for central breakfast table. Dual aspect.
Replacement Glow-Worm boiler. Larder cupboard. The kitchen enjoys a good degree of light with window facing to side aspect and another overlooking the rear garden.
The three bedrooms are of an adequate size with two of them facing to the front. The shower room is a three piece white suite with shower cubicle.
The Outside of the Property The property is approached onto a driveway running to the side of the property. Slightly raised patio. The front garden is mainly laid to lawn with some mature shrubs.
The rear garden is in excess of 100ft in length and will be a fabulous opportunity for the new owners to bring back the former glory of what has clearly been a beautiful garden, however due to the previous owners age has been left, but has fabulous potential to be re-landscaped and there are various mature trees and shrubs amongst the brambles!
Various greenhouses and outbuildings.
The clearance of the garden which is a significant job including the garage is something the new owners will need to take on as the property is being bought as seen excluding its internal contents.
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 Springdale Avenue, Broadstone, Dorset, BH18
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