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See how verdicts work3-bedroom bungalow · PE13 5BU
Listing removedListed 545 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set on A large plot that includes planning for the barn!
Situated in the rural countryside on the outskirts of Leverington is this superb smallholding with 3 bedroom detached bungalow sitting on approx. 4.5 acre plot (sts).
The property benefits from planning permission for the detached barn to be converted with detached garage in the rear garden under reference:- F/YR24/0070/PNC04 which includes the formation of a new access.
The bungalow itself consists of 3 bedrooms, a spacious lounge with feature fireplace, modern kitchen, plenty of storage and a bathroom. Outside, is a driveway and garage and front lawn.
To the rear is approx 2 acres of lawn with the agricultural building sitting in the middle, ready for conversion! Behind this is a further 2 acres of mainly trees and shrubs.
**Please note that the property has an agricutural tie however the current vendor has a certificate of lawful use for non agricultutal workers under planning reference F/YR15/1134/certlu** Location Ground Floor Entrance Porch Entrance Hall Lounge (4.83m x 4.11m) Kitchen/Diner (4.19m x 3.40m) Rear Hall WC Bedroom 1 (3.63m x 3.38m) Bedroom 2 (3.43m x 2.72m) Bedroom 3 (2.72m x 2.39m) Bathroom (1.96m x 1.65m)
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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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 Warrina, Mays Lane, Wisbech
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