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See how verdicts work3-bedroom bungalow · PL10 1AJ
For saleReduced £10k (−1.9%) on 14 OctListed 265 days
Opportunity summary
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About
DIRECTIONS what3words location - sweetly.regretted.perfume From Trerulefoot take the road signposted Torpoint.
Having passed through Polbathic proceed for approximately 2 miles and then bear right as signposted ‘Millbrook’. Having driven through Crafthole proceed on the road towards Millbrook.
On entering the village of Millbrook, the property will be the first bungalow on the right signposted Higher Hounster Farm.
SITUATION Millbrook is a South East Cornwall village on the Rame Peninsula, around 4 miles south of Saltash and directly across the water from the naval city of Plymouth.
Set at the head of a tidal creek framed by the Lynher and Tamar rivers and the sea, the area is designated as an Area of Outstanding Natural Beauty.
The village offers a good selection of everyday amenities, including a Spar with post office, a Co-op, primary school, village hall, newsagent and several independent shops.
The nearby beaches at Whitsand Bay and Cawsand Bay provide opportunities for swimming, sailing and a variety of other watersports, while Mount Edgcumbe Country Park offers extensive coastal and countryside walking routes.
Plymouth, the main retail hub west of Exeter, lies roughly 8 miles away and provides a comprehensive range of shops, services and leisure facilities, as well as ferry links to France and Spain.
DESCRIPTION Higher Hounster Farm features a detached three-bedroom bungalow (subject to an Agricultural Occupancy Condition) set on a generous plot in an elevated position on the edge of the attractive village of Millbrook.
While the property would benefit from some modernisation internally, it presents an excellent opportunity for buyers and offers scope for extension, subject to obtaining the necessary planning consents.
This unique property offers great potential for modernisation, making it an exciting opportunity for buyers.
The property extends internally to 2,116 square feet (196.6 square metres) to include the double garage, and comprises the following accommodation :- Front entrance porch, entrance hallway, utility room, outside WC, kitchen, lounge, conservatory, airing cupboard, bedroom 1, bedroom 2, bedroom 3, separate WC, bathroom.
Outside Approached via a gated tarmac driveway giving access to the front & rear of the property, including access to the agricultural land which leads off the council-maintained highway leading into the village of Millbrook.
The property is positioned within a spacious, gently sloping garden wrapping around the east and south sides of the property, framed by mature shrub and flower borders.
Former bird enclosures and a selection of old vegetable plots with raspberry canes offer scope for creative planting or a productive kitchen garden, while a greenhouse provides further growing space.
The agricultural land is situated on the west side of the property itself, extending to approximately 6 acres (2.42 hectares).
There are two timber frame sheds as shown on the floorplan which are suitable for storage purposes. Double Garage Double doors, concrete floor, electric light and power points.
Offering potential scope for conversion/ extension in the future (subject to obtaining the necessary planning consents).
The whole stands in mature gardens with small lawn area and close by there are small Poultry Houses with outdoor run.
Also close by is an aluminium framed Greenhouse and two other Greenhouses of plastic construction.
Directly contiguous to the conservatory is a small patio with pond adjacent, close by is the domestic oil tank. Services Mains water and electricity. Private septic tank drainage. Oil fired Raeburn.
Night storage heaters.
Verified Material Information Council Tax band: B Tenure: Freehold Property type: Bungalow Property construction: Standard construction Energy Performance rating: E Electricity supply: Mains electricity Solar Panels: No Other electricity sources: No Water supply: Mains water supply Sewerage: Septic tank Heating: Night storage heaters.
No central heating.
Heating features: Double glazing, Aga/Rayburn, and Open fire Broadband: FTTP (Fibre to the Premises) Mobile coverage: O2 - OK, Vodafone - Good, Three - OK, EE - OK Parking: Garage, Driveway, Off Street, Rear, and Private Building safety issues: No Restrictions - Listed Building: No Restrictions - Conservation Area: No Restrictions - Tree Preservation Orders: None Public right of way: No Long-term area flood risk: No Historical flooding: No Flood defences: No Coastal erosion risk: No Planning permission issues: No Accessibility and adaptations: None Coal mining area: No Non-coal mining area: Yes All information is provided without warranty.
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.
To ensure legal compliance, we require our sellers to complete a Property Information Questionnaire or provide a Material Information Guide along with the title document.
If available, please scan the QR code or access the additional online material information ( you can contact our team for this information.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.
LOCAL AUTHORITY Cornwall Council, Chy Trevail Beacon Technology Park Bodmin Cornwall PL31 2FR Email: Tel: LETTINGS Luscombe Maye also offers an Award Winning Lettings service.
If you are considering Letting your own property, or a buy to let purchase, please inform us and we can put you in contact with the Lettings team who would be delighted to discuss our range of bespoke services with you.
VIEWINGS By appointment with Luscombe Maye Farms, Land & Smallholdings. Block viewing days will be offered for this property, so please ensure to telephone for details.
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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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.
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