2-bedroom bungalow · RH19 1NQ
Sold STCListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE £400,000 - £425,000 This bungalow has bags of potential to improve and extend.
There is currently a sizeable room in the loft space which lends itself to the conversion of a third bedroom STPP.
There is also versatile accommodation on the ground floor which currently comprises lounge, kitchen, conservatory, two bedrooms and bathroom.
Outside there are attractive front and rear gardens, off road parking for several vehicles and a garage with access to the rear garden.
NO ONWARD CHAIN LOUNGE 16'9 X 11'3 Kitchen 10'2 x 8'8 Conservatory 9'2 x 8'6 Bedroom 1 11'8 x 9'4 Bedroom 2 9'10 x 8'8 Bathroom Loft room 14'1 x 13'2
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
Agent & docs
FAQ
About Heathcote Drive, East Grinstead, RH19
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