2-bedroom bungalow · TR16 4LR
To rentListed 43 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Smart millerson is pleased to present this two detached bedroom bungalow in the heart of portreath.
The property comprises of a large living room, kitchen, dining room, two bedrooms and large family bathroom. The property benefits from a large multi layer rear garden, a garage and off road parking.
A holding deposit of £288 will be required at the point of an accepted application (subject to satisfactory references).
EPC: E48 Council Tax Band: C Long term let available This property will be managed by Smart Millerson Living Room (3.87 x 3.63 (12'8" x 11'10")) Master Bedroom (3.67 x 3.62 (12'0" x 11'10")) Bedroom 2 (3.58 x 3.25 (11'8" x 10'7")) Bathroom (2.44 x 2.3 (8'0" x 7'6")) Dining Room (3.57 x 3.26 (11'8" x 10'8")) Kitchen (3.27 x 2.24 (10'8" x 7'4")) Material Information Verified Material Information Monthly rent: £1,250 Council tax band: C Tenure: Freehold Property type: Bungalow Property construction: Standard form Electricity supply: Mains electricity Solar Panels: No Other electricity sources: No Water supply: Mains water supply Sewerage: Mains Heating: None Heating features: Double glazing and Night storage Broadband: Fttc (Fibre to the Cabinet) Mobile coverage: O2 - Good, Vodafone - Good, Three - Good, EE - ok Parking: Garage and Driveway 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: Yes Coastal erosion risk: No Planning permission issues: No Accessibility and adaptations: Lateral living and Level access Coal mining area: No Non-coal mining area: Yes Energy Performance rating: E 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.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 Seaskape, Penberthy Road, Redruth
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