2-bedroom bungalow · DE5 8JE
Sold STCReduced £25k (−10.6%) on 18 SepListed 58 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-positioned detached bungalow occupying a generous corner plot, with two separate reception rooms, excellent parking and the added benefit of being sold with no upward chain.
The accommodation is entered via the hallway and includes two well-proportioned bedrooms, together with a living room and separate dining room, providing defined areas for relaxing and dining.
Externally, the property sits on an impressive corner plot, with gardens extending around the bungalow.
To the front is a driveway providing off-street parking and access to the garage, while to the rear there is the added advantage of further parking/caravan standing – ideal for anyone with a motorhome, caravan or additional vehicles.
Located within a desirable village setting, the property offers all the benefits of single-storey living combined with an excellent plot and particularly useful parking arrangements.
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 121, Warmwells Lane, Ripley
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