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See how verdicts work2-bedroom bungalow · TR20 8XQ
For saleListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within a quiet cul-de-sac of converted farm buildings in Ludgvan, this detached barn conversion offers well-proportioned accommodation, a generous garden, detached garage and off-road parking for two vehicles.
The property is offered to the market chain free with no long let or holiday let restrictions. The barn was extensively renovated in 2012 and has subsequently been a long-term let.
It now offers a great opportunity for a purchaser to put their own stamp on the property.
The accommodation has plenty of character, with exposed stonework and beamed ceilings sitting alongside more contemporary finishes.
The kitchen is fitted with a range of cream units, wooden worktops and integrated appliances, opening through to the living area.
The living room is a good size, with wooden flooring and a wood-burning stove providing a focal point.
There are two bedrooms, comprising a double bedroom and a small single bedroom, together with a modern bathroom featuring a freestanding bath.
Outside, the property benefits from a generous garden, with established planting and plenty of space to enjoy the peaceful setting.
A detached garage provides useful additional storage or parking, while there are two off-road parking spaces.
A characterful detached home in a tucked-away setting, offering manageable accommodation, good outside space and scope for cosmetic improvement, all within easy reach of Ludgvan, Penzance and the surrounding West Cornwall countryside.
Ludgvan is a civil parish and village in Cornwall, 2.5 miles northeast of Penzance and a short drive to St. Ives.
Ludgvan village is split between Churchtown, on the hill, and Lower Quarter to the east, adjoining Crowlas.
There is a primary school, public house and church and the nearby Crowlas has a village shop, takeaway and public house.
Upvc double-glazed door into: Entrance Porch Inner Hall Access to loft space. Night storage heater. Door to cupboard housing water tank.
Living Room 3.6m x 4.27m Triple aspect double-glazed windows to front, side and rear, night storage heater. Wooden burning stove to one corner.
Kitchen 1.52m x 3.05m Double-glazed window to side. Fitted kitchen with base and eye level units, with hardwood worktop.
Belfast sink, slimline dishwasher, washing machine, oven, hob with extractor over, space for fridge freezer.
Bathroom 1.55m x 3.05m Double-glazed window to rear, fully tiled, w/c, wash hand basin with storage, freestanding bath, heated towel rail, wall -mounted TV. Extractor fan.
Bedroom 1 2.44m x 3.66m Double-glazed window to rear with countryside views, night storage heater.
Bedroom 2 2.72m x 1.55m Single room, through to: Sun Room 3.63m x 4.57m Night storage heater. Glazed to front, stable door to side. Services: Electric, mains water and drainage.
Council Tax: Band C.
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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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
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FAQ
About Treassowe Mews, Ludgvan, TR20
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