3-bedroom bungalow · WR15 8TA
For saleReduced £25k (−4.2%) on 25 AugListed 373 days
Opportunity summary
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About
Detailed Description Delightfully situated detached bungalow together with a range of outbuildings and paddock/orchard extending in total to just over one acre Description: Truecroft was built to a high standard in approximately 1950 of cavity brickwork construction under a tiled roof.
It has been well-maintained and offers the following spacious accommodation (with approximate measurements) Situation: Truecroft Farm stands in a beautiful setting less than one mile from the Town Centre and surrounded by rolling fields Porch Entrance Hall (Rear): 2.55m x 1.74m (8'4" x 5'9") , Glazed door and panels either side Pantry: 2.40m x 0.76m (7'10" x 2'6") , Built in shelves Kitchen: 15'0" x 9'0" (4.57m x 2.74m) , One and a half Astracast sink unit with a stainless steel draining board together with an extensive matching range of floor and wall cupboards, drawers and worktops.
Eye level electric oven, Electrolux four ring gas hob with cooker hood over, part tiled walling, laminate flooring Utility Room: 11'0" x 4'9" (3.35m x 1.45m) , Belfast sink, plumbing for washing machine, wall mounted Worcester boiler.
Therma plastic tiles to floor and a loft hatch.
Door to garden Sitting Room/Dining Room: 7.13m x 4.85m (23'5" x 15'11") , Having a fitted carpet, bay window, a radiator and a wall-mounted Panasonic eco air conditioning unit Front Hall: 3.64m x 2.24m (11'11" x 7'4") , behind rebated glazed door with glass block panels to either side Bedroom 1: 15'0" x 10'6" (4.57m x 3.20m) , Bay window.
Mirrored wall cabinet, pedestal hand basin, large built-in double wardrobe, ceiling fan, fitted carpet Inner Hall: Glazed door, with fitted carpet Bedroom 2: 3.50m x 2.62m (11'6" x 8'7") , Built in wardrobes, with fitted carpet Bedroom 3: 4.60m x 2.76m (15'1" x 9'1") , with fitted carpet Bathroom: With walk-in shower having Gainsborough shower fitment, pedestal hand basin, WC suite, heated towel rail, tiled walls, extractor fan, mirrored wall cabinet, laminate flooring outside: A tarmac driveway leads to Large Courtyard Barn 1: 17'5" x 15'5" (5.31m x 4.70m) , Barrel-vaulted barn with part block walls, vehicular doors to front, further doors and windows to side elevation.
Lean-to store attached Barn 2: 37'9" x 15'5" (11.51m x 4.70m) , Low-rise barn facing to rear with vehicular doors, arranged into two bays with lean-to beyond Paddock Orchard: With mature fruit trees to the front of bungalow Timber Garage Outside Toilet: Brick-built with WC Gardens: The garden is mainly laid to grass with ornamental and flowering shrubs and bordered by conifer hedge.
Garden and grounds extend to just over one acre grass. With a 6x8Ft glass shed.
Glasshouse: C.8ft x 6ft Outgoings: Malvern Hills District Council tel: Water rates are levied separately Severn Trent Water Ltd tel: Council Tax Band E Services: Mains electricity Mains water by meter lpg Central heating Septic tank drainage Telephone subject to BT regulations Solar panels on roof Panasonic airconditioning unit.
Tenure: Freehold The property may be available in Lots. Lot 1 being the bungalow at £450,000, Lot 2 (the barns) at £100,000 and Lot 3 (the front orchard) at £50,000.
Lots 2 and 3 only, being available separately following the sale of Lot 1. Lots 2 and 3 would be subject to an uplift/overage provision should planning be gained for residential use.
Details available from sales agent Fixtures & Fittings: All those items specifically mentioned in the sale particulars above are included in the sale price Further Information: Should you require any further information either before or after viewing please contact Franklin Gallimore's office Tel: Directions: Proceed from Tenbury town centre on the Oldwood Road (A 4112) towards Leominster.
Pass the High school on the left and the new development on the right. Take the drive on the right, immediately beyond Callows Rise What3Words: Evenly.arrives.hindering
Value & comps
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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.
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