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See how verdicts work5-bedroom bungalow · TR6 0LA
For saleReduced £25k (−8.3%) on 27 OctListed 242 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and flexible renovated detached bungalow with versatile accommodation offering up to five bedrooms.
The property is SUITABLE FOR CASH BUYERS ONLY having been classified previously as mundic grade C but does offer a great deal of further potential.
Refitted kitchen, modern family bathroom and en-suite. Far reaching views and off street parking. Ideal investment or holiday home. NO ONWARD CHAIN.
Why You'll Like It - This versatile property has been recently updated but still retains further future potential.
The accommodation is reverse level with a kitchen / living / dining room upstairs taking advantage of fantastic far reaching views over Perranporth to the golf course.
The property has parking to the front and a sunny composite sun deck.
Once inside, a central hallway connects five useful and flexible bedrooms (although many may want to use some of these for other purposes of course).
One of the bedrooms has an en-suite shower room and there is a separate family bathroom with large shower enclosure and separate bath.
Heading upstairs, the first floor offers a large light and bright open plan space with a dormer window providing super panoramic views.
The kitchen has been refitted with a range of grey shaker style units and has a lovely breakfast bar.
The appliances are integrated with the oven, hob, extractor, dishwasher, fridge and freezer all built-in. The property has a replacement roof and UPVC double glazing.
Electric heating will be installed. There is pedestrian access via Bolenna Lane also.
Where It Is - Perranporth is eternally popular as it offers the best of both worlds - a spectacular, long golden sandy beach popular with surfers yet the city of Truro is just 7 miles away!
Upper Hillcrest is just far enough away from the hustle and bustle of the town but near enough to walk to the amenities and beach.
There are bars, restaurants, shops and a petrol station locally - in fact everything that you could require for day to day needs including a large Co-Op supermarket.
The excellent links golf course and driving range is friendly and welcoming and a great place to eat, drink and make friends.
There are good public transport links to neighbouring villages and the city of Truro and The Southwest Coast Path enables you to head up or down the coast on foot or mountain bike.
Access to the coast path is relatively close to the property.
The beach plays host to numerous action sports from kite surfing to paragliding but if you prefer to sit and watch the world go by then The Watering Hole bar on the beach is hard to beat and the go-to place for sundowners!
There are fantastic concerts staged actually on the beach with Tunes In The Dunes annually attracting big name bands.
Perranporth is a vibrant year round community and a great place to live or make your home from home and is one of the UK's best known holiday destinations.
Services And Tenure - The property is freehold and has mains water, mains drainage and mains electricity. Please note that the property is mundic grade C and therefore unsuitable for mortgage lending.
Council tax band B Important Information - Clive Pearce Property, their clients and any joint agents give notice that: 1.
They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise.
They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements of fact.
2 It should not be assumed that the property has all necessary planning, building regulation or other consents and Clive Pearce Property have not tested any services, equipment or facilities.
Purchasers must satisfy themselves by inspection or otherwise. 3. Photos and Videos: The photographs and/or videos show only certain parts of the property as they appeared at the time they were taken.
Areas, measurements and distances given are approximate only. Any computer generated image gives only an indication as to how the property may look and this may change at any time.
Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained.
A buyer must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct.
Information on the website about a property is liable to be changed at any time.
Agent's Note - CASH BUYERS ONLY We understand that the property has been tested for mundic block (in 2009) and some of the samples tested were classified as mundic grade C meaning that the classification for the property is mundic grade C and therefore unsuitable for mortgage lending.
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.
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About Upper Hillcrest, Perranporth
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