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See how verdicts work2-bedroom bungalow · HU18 1DA
Sold STCReduced £14.9k (−7.9%) on 26 OctListed 353 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enjoying a super location close to the town centre, this two bedroomed bungalow offers well presented accommodation with parking drive and a pleasant enclosed garden to the rear along with a former garage now used as a store.
No chain. Location - This property is located on Willows Drive, which leads from Newbegin, a short distance from the town centre and local amenities.
Hornsea is a small East Yorkshire coastal town which has a resident population of a little over 8,000.
The town offers a good range of local amenities including a range of shops, bistros and restaurants, schooling for all ages and a host of recreational facilities including sailing and fishing on Hornsea Mere, as well as the beach and seaside amenities, a leisure centre refurbished in 2020 and an 18 hole golf course.
The town is also well known for the Hornsea Village, a large out of town retail shopping village and leisure park.
The town lies within 18 miles drive of the city of Hull, 13 miles of the market town of Beverley and about 25 miles from the M62.
Accommodation - The accommodation has mains gas central heating via hot water radiators, UPVC double glazing and is arranged on one floor as follows: Open Porch - Which is accessed via steps with an electric ramp system allowing for ease of access and also allowing for wheelchair access.
'L' Shaped Entrance Hall - With UPVC entrance door, access hatch leading to the roof space and one central heating radiator.
Lounge - 5.46m x 3.33m (17'11" x 10'11") - With a feature electric fire and one central heating radiator.
Kitchen - 3.61m x 3.00m (11'10" x 9'10") - With fitted base and wall units incorporating work surfaces with an inset stainless steel sink unit and tiled splashbacks, a matching breakfast bar, built in oven and split level hob with cooker hood over, plumbing for an automatic washing machine, space for a fridge freezer, concealed central heating boiler, downlighting to the ceiling and UPVC rear entrance door.
Bedroom 1 (Rear) - 3.66m x 3.33m (12' x 10'11") - With one central heating radiator. Bedroom 2 (Front) - 3.07m x 2.92m (10'1" x 9'7") - With one central heating radiator. Wet Room/W.C.
- 2.03m x 1.63m (6'8" x 5'4") - With full height tiling to the walls, an electric instant shower, low level W.C., pedestal wash hand basin and a ladder towel radiator.
Outside - The property fronts onto a low maintenance foregarden behind a dwarf walled frontage and there is off street parking.
A wheelchair friendly access is located to the side of the property and is electrically operated.
Beyond the driveway is the former garage which provides a useful large workshop and has a personal door the front, side personal door, power and light laid on.
To the rear of the property steps lead down to a paved patio with a lawned garden beyond with a decked sun terrace. There is also a greenhouse and an outside cold water tap.
Tenure - The tenure of this property is understood to be freehold (confirmation to be provided by the vendors solicitors) and vacant possession will be given upon completion at a date to be agreed.
Council Tax Band - The council tax band for this property is band B.
Value & comps
No previous sales on record.
Returns
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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 Willows Drive, Hornsea
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