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See how verdicts work4-bedroom bungalow · PL32 9TT
Listing removedListed 138 days
Opportunity summary
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About
JF0940 Penworthy is a beautifully presented detached bungalow set within approximately 2 acres in a peaceful hamlet between the rugged beauty of Bodmin Moor and the spectacular North Cornwall Coast.
Built in 2002 on the edge of the Worthyvale Manor Estate, the property has remained within the same family and has been lovingly maintained and enhanced over the past two decades.
Extensively refurbished in 2024, Penworthy combines modern comfort with character and charm.
Highlights include a newly fitted kitchen and bathrooms, a detached 30 sq m annexe, a substantial loft with conversion potential (subject to any necessary consents), flagstone flooring, an open fireplace, a traditional farmhouse kitchen with Aga, and solar panels generating a valuable feed-in tariff income.
The welcoming entrance hall leads into a spacious open-plan sitting and dining room, flooded with natural light and opening onto the south-facing frontage through patio doors.
The recently refitted kitchen is equipped with matching low-level units, an electric oven, and a gas-fired Aga, while large windows frame delightful views across the landscaped rear garden, granite steps, and mature trees.
Accommodation on the ground floor comprises three generous double bedrooms, a contemporary family shower room, linen and airing cupboards, and a principal bedroom with built-in wardrobes and an en-suite shower room.
Electric heating, underfloor heating in the bathrooms, and the warmth of the Aga ensure the home remains comfortable throughout the year. Outside, the property enjoys exceptional privacy.
Golden gravel surrounds the house, while secure perimeter fencing and a gated entrance create a secluded retreat.
The detached annexe has been finished to a high standard with its own kitchen and bathroom and is currently used as a home office and gym, offering excellent flexibility for guest accommodation, multigenerational living, or remote working.
High-speed broadband has been installed throughout the property. Penworthy is approached via a private gated gravel driveway, providing extensive parking and turning space.
The gardens feature sweeping lawns, mature shrubs and trees, and a large porcelain terrace ideal for outdoor dining and entertaining.
A particularly attractive seating area sits beneath a circle of mature trees, where afternoon sunlight filters through the canopy.
The grounds also include a small gated paddock, established with grass and wildflower planting, suitable for small livestock such as goats or chickens.
An avenue running alongside the field creates a pleasant circular walk, perfect for dog owners.
Additional outbuildings include a timber garden shed with wood store and a larger secure metal storage shed.
Despite its wonderfully peaceful setting, Penworthy is ideally positioned to enjoy the very best of North Cornwall.
Everyday amenities are available in nearby Camelford, just a short drive away, with a range of shops, cafés, schools, healthcare facilities and leisure amenities.
A local farm shop and café can be found within easy reach, providing fresh produce and a convenient spot for breakfast or coffee.
The area is renowned for its spectacular coastline and beautiful beaches.
Trebarwith Strand, one of North Cornwall's most treasured coastal locations and a year round dog-friendly beach, just minutes away and offers a stunning expanse of sand, dramatic cliffs, rock pools and caves to explore.
The iconic Port William pub sits above the beach, enjoying breathtaking sea views and a welcoming atmosphere throughout the year.
Further along the coast are the popular beaches of Polzeath and Daymer Bay, both favoured for their golden sands, water sports and scenic coastal walks.
Daymer Bay also provides access to wonderful walks towards Rock and the historic St Enodoc Church.
The charming fishing villages of Boscastle and Tintagel are close by, while the sought-after destinations of Rock and Padstow can be reached within around half an hour, offering an excellent selection of restaurants, independent shops and leisure activities.
For those who enjoy the outdoors, the surrounding countryside, nearby Bodmin Moor and the South West Coast Path provide endless opportunities for walking, cycling and exploring some of Cornwall's most spectacular scenery.
A rare opportunity to acquire a private and versatile home with annexe, paddock, and beautifully landscaped grounds in one of North Cornwall's most desirable rural settings.
Book your viewing today to appreciate all that this stunning property has to offer.
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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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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FAQ
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