2-bedroom bungalow · NE37 1TS
Sold STCListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with the benefit of no onward chain, this well positioned two bedroom bungalow in the ever popular Lingmell area of Albany presents an excellent opportunity for buyers looking to downsize, retire or simply enjoy single level living in a quiet residential setting.
The property offers generous accommodation throughout including a spacious lounge to the front, a modern fitted kitchen with integrated cooking appliances, two good sized bedrooms and a contemporary shower room/WC.
To the rear, the property benefits from a particularly impressive conservatory/sun room overlooking the garden, creating an additional versatile living space ideal for relaxing or entertaining.
Externally there are gardens to both the front and rear with a good sized enclosed rear garden offering plenty of outdoor space and potential for further landscaping.
The property also benefits from solar panels and a covered patio/decked seating area.
Lingmell in Albany remains a highly sought after residential location, well placed for access to local shops, supermarkets, public transport links and nearby road connections including the A1 and A19.
The area is also close to pleasant green spaces and walking routes. Early viewing is highly recommended. Accommodation Entrance Porch Access to the hallway.
Hallway Central hallway providing access to the accommodation. Lounge 3.65m x 4.74m (11'11" x 15'6") Spacious front facing lounge with large window allowing plenty of natural light.
Kitchen 2.20m x 3.99m (7'2" x 13'1") Fitted with a range of modern wall and base units with contrasting work surfaces, integrated oven and hob, sink unit and access through to the conservatory.
Sun Room / Conservatory 3.63m x 2.04m (11'10" x 6'8") A fantastic additional reception space overlooking the rear garden with French doors opening out to the patio and decking area.
Bedroom One 2.66m x 4.91m (8'8" x 16'1") Good sized double bedroom positioned to the front aspect. Bedroom Two 2.45m x 3.05m (8'0" x 9'11") Second well proportioned bedroom overlooking the rear.
Shower Room / WC 1.57m x 2.21m (5'1" x 7'2") Modern suite comprising walk in shower enclosure, wash hand basin and low level WC.
External Front garden area and enclosed rear garden with patio, decking and covered seating area.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. QWS260161/2
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About Lingmell, Albany, Washington, NE37
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