3 bedroom bungalow for sale

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3 bedroom bungalow for sale

Thomson Drive, Codnor
£250,000

Our Summary

  • This property generates between £2,000 to £2,500 per month, and theres potential for further growth through increased bookings
  • PLANNING USE AND BUSINESS RATESThis property is presently used commercially (self catering holiday unit and premises) and is therefore rated as such

Description

This detached two-bedroom bungalow comes with a self-contained one-bedroom Annexe, which can be used as a granny annexe, teenager's pad, or Airbnb rental. The property has a proven income-generating track record, earning £90 per night, and has the potential to generate between £2,000 to £2,500 per month. The bungalow features a modern kitchen with high and low-level units, a lounge with a gas fire, and two bedrooms. The Annexe has its own kitchen, bedroom, and shower room, and is currently used as a self-catering holiday rental. The property has mains services connected, including gas, electric, water, and sewerage, and is located in a former coal mining area. The property is rated as a commercial property, with a current rateable value of £2,500.