2-bedroom bungalow · CM12 0EL
Sold STCListed 233 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Extended two bedroom detached bungalow on the sought-after Mountnessing Road, offering spacious kitchen/dining accommodation, detached garage, generous garden and clear loft conversion potential (STPP).
Situated along the ever-popular Mountnessing Road, this extended two bedroom detached bungalow offers well-proportioned accommodation, excellent parking and clear potential for further enhancement, subject to the usual consents.
The heart of the home is the spacious kitchen/dining area, featuring a bay window, central island, ample storage and space for appliances including a cooker, washing machine and fridge freezer.
A side door provides direct access to the driveway and detached garage.
The Lounge is a good size and flows through an archway into the rear Sitting room with sliding door access to the garden, allowing for plenty of natural light and a seamless connection to the outside.
There are two good-sized bedrooms, with Bedroom One benefiting from built-in wardrobes and ample storage.
The bathroom is in good condition and fitted with a three-piece white suite with an over bath shower. A hatch in the hallway provides access to the loft space.
Externally, the property enjoys a well-maintained unoverlooked rear garden, along with driveway parking and a detached garage.
As demonstrated by neighbouring properties, there is clear scope to extend into the loft (subject to planning permission), offering further potential to add accommodation and value.
Entrance Hall - 7.11m x 3.48m (23'4 x 11'5 ) - Lounge - 4.80m x 3.28m (15'9 x 10'9) - Sitting Area - 3.12m x 1.78m (10'3 x 5'10) - Kitchen - 3.96m- x 3.58m (13'- x 11'9) - Dining Area - 3.35m x 2.03m (11'0 x 6'8) - Bedroom One - 3.73m x 3.28m (12'3 x 10'9) - Bedroom Two - 3.20m x 2.44m (10'6 x 8'14) - Bathroom - 1.91m x 1.75m (6'3 x 5'9) - Garden - South West Facing Detached Garage -
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
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FAQ
About Mountnessing Road, Billericay
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