2-bedroom bungalow · TR15 3QD
Listing removedListed 107 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available to cash buyers only due to spray foam in the loft, this two bedroom detached bungalow is located in a quiet cul de sac with excellent access to a wide range of amenities and transport links including the A30.
Internally there is a lounge dining room with patio doors to the conservatory, a fitted kitchen which would benefit from updating, two double bedrooms with built in wardrobes and a re-fitted shower room.
The property is fully double glazed and is warmed by gas central heating but would benefit from re-decorating and cosmetic improvements.
Externally the property is set back from the cul de sac by a lawned front garden and a good size driveway which leads to a larger than average garage.
There is access to the rear garden which is enclosed and laid to lawn. Freehold property. Council tax band C. Awaiting EPC.
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
Agent & docs
FAQ
About 12, Townfield, Redruth
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