3-bedroom bungalow · BH21 2SR
Sold STCListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented and spacious three bedroom detached bungalow situated on a good size plot with off road parking and garage in a sought after cul de sac location. NO FORWARD CHAIN.
• Entrance storm porch leading to spacious entrance hallway with rear aspect window overlooking garden • Cloakroom with modern WC and wash hand basin with tiled splashback • Spacious sitting room with feature fireplace and inset gas fire • Good size kitchen with range of base and eye level units and pan drawers, complementary worktops, inset hob and oven with extractor fan over, freestanding washing machine and fridge freezer, built in cupboard housing gas boiler, dual aspect with door to garden • Three steps from sitting room to inner hallway with built in storage cupboard and doors off to two bedrooms • Large main bedroom with built in wardrobe • Bedroom two with dual aspect • Shower room with corner shower cubicle, vanity unit with wash hand basin, WC, fully tiled walls and ladder style heated towel rail • Bedroom three (off main hallway) with vanity unit and wash hand basin, rear aspect window • Double glazing and gas heating • Outside: Tarmac driveway leads to garage and off road parking.
The front garden has lawn area with flower, shrub and tree borders.
Side access with gate leads to rear garden with patio area, good size lawn and an abundance of mature shrub, flower and tree borders enclosed by panel fencing and garden shed Park Homer Drive is a popular quiet residential cul de sac location just a short drive from the town centre where there are coffee shops, restaurants and the popular Art Deco Tivoli theatre and within catchment of reputable local schools.
Colehill has local amenities, a cricket ground and country pubs with good access to the A31 and routes to London.
COUNCIL TAX BAND: E EPC RATING: D AGENTS NOTES: AGENTS NOTES: The heating system, mains and appliances have not been tested by Hearnes Estate Agents.
Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive.
Whilst reasonable endeavours have been made to ensure that the information in our sales particulars are as accurate as possible, this information has been provided for us by the seller and is not guaranteed.
Any intending buyer should not rely on the information we have supplied and should satisfy themselves by inspection, searches, enquiries and survey as to the correctness of each statement before making a financial or legal commitment.
We have not checked the legal documentation to verify the legal status, including the leased term and ground rent and escalation of ground rent of the property (where applicable).
A buyer must not rely upon the information provided until it has been verified by their own solicitors.
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 Park Homer Drive, Colehill, BH21 2SR
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