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See how verdicts work3-bedroom bungalow · NR29 5NE
Listing removedListed 231 days
Opportunity summary
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About
A spacious and much improved riverside bungalow enjoying impressive uninterrupted views and a southerly aspect with over 60ft of private frontage directly onto the River Thurne with slipway and a dry boatshed.
The accommodation comprises a generous dual aspect 29ft long living room with large picture windows and sliding doors out onto the riverside sun deck, and the kitchen area provides a full range of units and impressive views.
The three bedrooms are currently arranged as two doubles and a room with bunk beds all served by an updated shower room.
The riverside garden is laid to lawn with a south facing patio/deck enclosed by low dog/child friendly fencing, slipway and a substantial dry boatshed, currently offering significant storage but with the potential to be returned to a functioning wet boathouse or adapted to provide additional accommodation - subject to the necessary planning permission.
Over the last couple of years the flooring and carpets have been replaced and the heaters have been updated and the exterior has been painted.
Currently run as a successful holiday let with full contents available by separate negotiation.
ACCOMMODATION Open Plan Living Space: 21'2" x 11'5" + 8'6" x 8'0" Dual aspect with picture windows and large fully glazed sliding doors leading out onto the south facing patio/deck.
Panelled ceiling and two programmable electric heaters.
The kitchen offers a full range of fitted units with sink unit and drainer, built in oven, hob and extractor hood, tiled splash backs and impressive river views.
Bedroom 1: 10'9" x 7'2" Window to river with views out over open countryside. Bedroom 2: 7'10" x 7'2" Window to side. Bedroom 3: 7'2" x 6'10" Window to rear.
Shower Room Low level w/c, wash basin, shower enclosure, shaver point, heated towel rail, programmable electric heater, window to side. OUTSIDE Footpath leads to gated access.
Lawned river facing garden with slipway and south facing deck/patio, enclosed by dog/child friendly fencing, the perfect spot to sit and enjoy the uninterrupted far reaching views.
DRY BOATSHED 24'0" x 15'1" + 14'4" x 5'8" Currently offering extensive storage with an additional internal store room and a separate w/c. Huge potential to be returned to a functioning wet boatshed.
ADDITIONAL INFORMATION Tenure: Leasehold Term: Current lease runs until 2085 Ground Rent: £5 Access is via footpah or river only. No car access.
Whilst it is our intention that these sales particulars offer a fair and accurate account, they are provided for guidance purposes only and do not constitute part of any offer or contract.
All measurements are approximate and we have not tested any equipment or services, and no warranty is given or implied that these are in working order.
Prospective purchasers are advised to satisfy themselves by inspection or by further investigation via their solicitor or surveyor.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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.
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