3-bedroom bungalow · PE24 4TW
Listing removedListed 230 days
Opportunity summary
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About
A deceptively spacious detached bungalow, positioned adjacent to Addlethorpe green, with views of the church.
The property offers a conservatory, hallway, lounge, kitchen, THREE bedrooms and shower room. Outside offers a lawned front garden and driveway/off road parking at the front.
The rear gardens are much bigger than you expect with lawn and potential vegetable beds as well as a large WORKSHOP/STORE.
Additional benefits include oil central heating (boiler replaced 2 years ago) & uPVC double glazing + carpets and blinds incl.
With no upward chain to worry about the property is available for a quick sale if required - viewings available now - by appointment only.
Front Entrance Conservatory: 4.65m x 2.44m (15'3" x 8') , Having a brick base and being UPVC double glazed with a radiator, cushion vinyl flooring and UPVC door leading to the hallway.
Hallway: With a double glazed entrance door, built-in storage cupboards, access to roof space and radiator.
Lounge: 3.81m x 3.73m (12'6" x 12'3") , Having a radiator, raised hearth (electric fire can be included if required).
Kitchen: 3.43m x 3.23m (11'3" x 10'7") , Having a single drainer sink unit and mixer tap set in work surfaces extending to provide a range of fitted gloss white fronted base cupboards and drawers under together with matching range of wall mounted storage cupboards above, built-in double oven and grill, inset four ring ceramic hob, space and plumbing for washing machine, space for tumble dryer, space for fridge/freezer (can be included in the sale), additional built-in storage cupboard, tiled floor, tiled splash back to work surfaces, door to side entrance porch.
Side Entrance Porch: With UPVC double glazed door leading to garden. Bedroom One: 3.56m x 3.05m (11'8" x 10') , With a radiator and built in wardrobe/cupboard.
Bedroom Two: 3.78m x 2.34m (12'5" x 7'8") , With a radiator. Bedroom Three: 2.90m x 2.87m (9'6" x 9'5") , With a radiator.
Shower Room: 2.29m x 1.85m (7'6" x 6'1") max incl shower , Being tarred with a three-piece suite comprising double size shower cubicle with mains mixer shower therein, hand basin set in vanity unit with toiletry cupboards under, close coupled WC, tiled floor and radiator.
Outside: Front: The property is approached over a concrete driveway providing off-road parking with a gated access to the side of the property.
The front gardens are lawned for ease of maintenance with attractive flower and shrub border.
Side: To the side of the property is an area of hardstanding with gate providing access to the driveway at the front as well as access to the garage.
Rear: The rear gardens are divided into initially a large lawn with dwarf brick walls surround and garden path leading to a further large area of garden currently unset and previously used for vegetable beds.
Large timber STORE/WORKSHOP (on concrete base). Garage: Of concrete sectional construction with concrete floor and electricity connected.
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 Old Church Road, Addlethorpe, PE24
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