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See how verdicts work3-bedroom bungalow · TR16 4HD
For saleListed 461 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A brand new 3 bedroom bungalow set within a select development of 7 properties in a popular location on Merritts Hill in Illogan which is nearing completion.
The property is finished to a high standard throughout and has a garden & driveway parking.
The accommodation is made up of an open plan living/kitchen/dining room, three bedrooms with the master benefiting from an en-suite shower room and a further shower room and utility area.
There is off road parking for two vehicles and a garden. The property will have Air Source Heating which provides hot water and underfloor heating throughout along with 4kw solar PV.
Location The village of Illogan offers a range of shopping facilities including a general store/post office, primary schooling and football and rugby clubs and Illogan is a short motoring distance from Tehidy country park and golf course.
The popular coastal village of Portreath is within 3 miles and more facilities are available in Redruth where there is a main line railway station.
Information Please note that images are illustrative and subject to change.
Tenure:Freehold Council Tax: To be assessed EPC: Tbc - estimated to be A rating Broadband: Tbc CONSUMER PROTECTION FROM UNFAIR TRADING REGULATIONS 2008.
It should not be assumed that the property has all necessary planning, building regulation or other consents.
Purchasers must satisfy themselves by inspection or otherwise and check any covenants immediately with their solicitor.
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose.
A Buyer is advised to obtain verification from their Solicitor or Surveyor. Measurements are a guide only. The Agent has not had sight of the title documents.
Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation.
Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.
ANTI-MONEY LAUNDERING REGULATIONS - Purchasers It is a legal requirement that we receive verified identification from all buyers before a sale can be instructed.
We ask for your cooperation on this matter to ensure there is no unnecessary delay in agreeing a sale. We will inform you of the process once your offer has been accepted.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Area
Agent & docs
FAQ
About Merritts Hill, Illogan, TR16 4HD
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