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See how verdicts work1-bedroom bungalow · TR12 7PA
For saleReduced £4k (−2.7%) on 20 OctListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Lizard, One Bed Bungalow With No Chain Situated within easy reach of the village centre and its range of amenities, this one bedroom terraced bungalow presents an excellent opportunity for purchasers looking to modernise and create a home to their own taste and specification.
The accommodation comprises an entrance into the living room, a kitchen/diner, a generous double bedroom, and a shower room.
Requiring updating throughout, the property offers great potential for improvement and enhancement.
Externally, there is an enclosed rear garden which is ready for landscaping, providing a blank canvas to maximise the available outdoor space and create an attractive garden.
Location – The most southerly village in Britain, The Lizard offers a wide range of day to day facilities to include a primary school, butchers and public house as well as a comprehensive range of shops and eateries, also within catchment for the extremely well regarded Mullion Secondary School which has been commended in the national press.
Standing proud in the sea, The Lizard Peninsula presents a rugged face to the elements, yet paradoxically the climate is probably one of the warmest in Britain and home to rare and endangered plants as well as the unique metamorphic Serpentine rock that it is famous for; here the air is crisp, clear and unpolluted by industry.
With The Lizard as a base one is perfectly placed to access all of the delights that South West Cornwall has to offer from stunning coastal walks along the dramatic cliffs of the Lizard Point to the beautiful nearby beaches including Coverack with it’s crystal clear waters, the iconic Kynance Cove and traditional fisherman’s cove at Cadgwith.
Wider facilities are on offer in nearby Mullion and Helston with Helston offering two major supermarkets as well as a range of schooling options.
Accommodation – Entrance Hallway Lounge Kitchen Bedroom One Wet Room Outside – The rear garden is enclosed and mainly laid to lawn. Services – Mains water, drainage and electricity.
Rights of Way – Our client has informed us that the 23 has right of access over the rear of the neighbouring properties to the front of the property.
Service Charges – Our client has informed us that the current annual service charge cost for 2026/2027 is £96.21 which is payable to coastline housing.
Solar Panels – Our client has informed us that the solar panels are owned.
Council Tax Band – A What3Words – ///salutes.spearhead.spin Anti Money Laundering Regulations – Purchasers- It is a legal requirement that we receive verified id from all buyers before a sale can be instructed.
We will inform you of the process once your offer has been accepted. Proof of Finances- Before agreeing a sale, we will require proof of your financial ability to purchase.
We will inform you of what we require prior to agreeing a sale. Broadband & Mobile Phone Coverage- To check the broadband coverage for this property please visit .
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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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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 23 Parc an Ithan, The Lizard, Cornwall
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