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See how verdicts work3-bedroom bungalow · TR20 8ST
Listing removedListed 136 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the peaceful village of Madron on the outskirts of Heamoor and Penzance, this detached bungalow offers spacious and versatile accommodation.
Built in the 1960s, the property has been a much loved family home for many years and now presents a fantastic opportunity for buyers looking to create a home tailored to their own tastes and requirements.
The accommodation comprises of a generous lounge, separate dining room, kitchen, three bedrooms, a wet room and an additional WC, providing flexible living space suitable for a range of purchasers.
Externally the property is approached via a gated driveway offering parking for several vehicles, together with a double garage.
The bungalow is surrounded by established gardens featuring lawns and patio seating spaces, ideal for enjoying the peaceful setting.
Madron is a sought-after village enjoying a semi-rural position with beautiful countryside walks nearby.
The village itself offers a well-regarded primary school, public house and the historic church at its centre, while further amenities can be found in nearby Heamoor and the market town of Penzance, approximately two miles away, where there are a wider range of shops, leisure facilities and transport links including mainline rail and bus services.
Accommodation Comprises Part glazed entrance door with glazed side panels opening to:- Entrance Hallway Storage and hanging space.
Door to:- Reception/Sitting Room (15' 2'' x 10' 10'' (4.62m x 3.30m) maximum measurements) A dual aspect room with feature fire place and radiator.
Door opening to:- Dining Room (9' 1'' x 7' 0'' (2.77m x 2.13m) plus recess) Double glazed window overlooking side garden and radiator.
Door leading to:- Kitchen/Diner (13' 9'' x 12' 2'' (4.19m x 3.71m) maximum measurements) A dual aspect room with two double glazed windows.
Fully fitted range of base and eye level units with worktop over incorporating a sink and drainer. Gas hob and double oven. Space for dining table and chairs. Radiator.
Door to hallway and glazed door to:- Boot Room Half glazed door to outside.
Inner Hallway Storage cupboard, loft access and doors off to:- Bedroom One (10' 5'' x 10' 4'' (3.17m x 3.15m)) Double glazed window overlooking front garden. Radiator.
Bedroom Two (10' 5'' x 8' 3'' (3.17m x 2.51m)) Double glazed window overlooking front garden. Radiator. Bedroom Three (9' 3'' x 6' 11'' (2.82m x 2.11m)) Window to side aspect and radiator.
Shower Room A wet room style shower room with walk-in shower and wash basin. Shower boarding to walls, radiator and towel rail . Frosted double glazed window with rear aspect.
Separate WC WC and frosted glazed window. Garage (Not Measured) Detached at the rear of the property with garage door, pedestrian door and window. Outside Front Lawn to front with patio.
Outside Side Garden Hard standing area with BBQ and washing line. Rear Garden Gated entrance with driveway and hard standing in front of garage.
Services Mains water, mains drainage, mains electric and mains gas. Agent's Note The Council Tax band for the property is band 'D'.
Directions From the Eastern Green Roundabout in Penzance, take the A30 westbound towards Penzance/Heamoor. At the next roundabout, take the second exit onto Chywoone Hill/B3311 signposted for Madron.
Continue along this road through Heamoor and follow the signs towards Madron. As you enter Madron village, continue past the church and village amenities, then turn left into Aldreath Road.
Proceed along Aldreath Road for a short distance where the property can be found on the left-hand side. If using What3words:- zoom.fled.lasted
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
Agent & docs
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FAQ
About Thrifts, Aldreath Road, Penzance
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