3 bedroom bungalow for sale

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3 bedroom bungalow for sale

Thomson Drive, Codnor DE5
£232,000

Our Summary

  • This property generates between £2,000 to £2,500 per month, and there’s potential for further growth through increased bookings

Description

This detached two-bedroom bungalow comes with a self-contained one-bedroom Annexe, offering versatility and potential for additional income. The Annexe has a proven track record as a self-catering holiday rental, earning £90 per night, and could also serve as a granny Annexe, teen/young adult pad, or Airbnb. The main bungalow and Annexe can continue to function as holiday rentals, generating between £2,000 to £2,500 per month. The property features a range of modern amenities, including a kitchen with high and low level units, a lounge with gas fire, and two bedrooms with central heating radiators. The Annexe has its own kitchen, bedroom, and shower room. The property is located in a former coal mining area and has mains services connected, including gas, electric, water, and sewerage. The estimated maximum download speed is 10,000Mbps, and mobile coverage is available from various providers. The property is currently used commercially and is rated as such, with a current rateable value of £2,500.