We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom bungalow · PL28 8DR
Listing removedListed 860 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Moor represents a rare opportunity to purchase a detached property set on a large plot in an idyllic and sought after location.
Set in glorious, well stocked and extensive gardens, opposite Dennis Cove Lake and within just moments of The Camel Trail, the property occupies one of the most picturesque locations in the town and provides significant opportunity for redevelopment, subject to the requisite planning permission and building regulations.
The plot accommodates the detached bungalow, a redundant outbuilding and a large timber storage unit. A tree lined boundary runs along the western boundary which abuts open farmland.
The bungalow offers three-bedroom accommodation with kitchen/diner, separate sitting room, bathroom and sunroom. Ample off road parking is available in the driveway.
Entrance Front entrance door to; Sun room Two double glazed windows overlooking the garden, door to; Hall Doors to; Sitting room Double glazed windows to the front and side, ceiling light, radiator.
Bedroom one Double glazed window to the front, ceiling light, radiator.
Bedroom two Double glazed window to the side, ceiling light, radiator Bedroom three Double glazed window to the side, ceiling light, radiator.
Kitchen/dining room Double glazed windows to the side and rear, ceiling light, a range of base & wall units incorporating a stainless steel sink unit, plumbing for automatic washing machine and dishwasher, space for tumble dryer, electric cooker point.
Tiled splashbacks. Door to rear. Shower room Shower enclosure, radiator, low level WC, pedestal wash hand basin, double glazed window to the rear.
Council tax band B mobile phone coverage Limited voice service with Vodafone, O2 & Three. Broadband Superfast broadband available. Property construction Non-standard construction.
Concrete block and cavity wall, timber clad. Services Mains electricity, water, sewerage. Heating Gas central heating. Mains gas. Parking Parking for three vehicles in the driveway.
Easements The is a vehicular right of way for the neighbouring property to pass through the gate to the right of the bungalow and through the drive.
Flood risk A portion of the plot is situated within Flood zone 3b, Flood zone 3 and Flood zone 2. A portion of the plot is in an area designated as susceptible to ground and surface water flooding.
Restrictions Due to the non-standard construction, it is unlikely that The Moor will be considered suitable for conventional lending.
EPC tbc important notice Cornwall Estates (Padstow) Ltd give notice that; These particulars do not constitute any contract or offer and are for guidance only and are not necessarily comprehensive.
The accuracy of the particulars is not guaranteed and should not be relied upon as representations of fact.
Cornwall Estates (Padstow) Ltd, their clients nor any joint agents have authority to make any representations about the property and any information given is without responsibility on the part of the agents, sellers or lessor(s).
Any intended purchaser should satisfy themselves by inspection or otherwise of the statements contained in these particulars. Any areas distances or measurement are approximate.
Assumptions should not be made that the property has all the necessary planning permissions and building regulations. We have not tested any services, equipment or facilities.
Viewing by appointment only. Purchasers should check the availability for viewing before embarking on any journey to view or incurring travelling expenses.
Some photographs may be taken with a wide-angle lens.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 The Moor, Dennis Lane, Padstow
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