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See how verdicts work2-bedroom property · EX23 9DR
For saleReduced £10k (−3.4%) on 3 SepListed 758 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of this ancient market town steeped in history an opportunity to acquire this 2 bedroom end terraced character cottage. Generous walled gardens with cob/stone outbuilding.
Council Tax D. EPC Rating F. Directions From Bude town centre continue along The Strand and on reaching the mini-roundabout turn left into Bencoolen Road continue on this road to the A39.
At the T junction turn left onto the A39, follow the road down the hill and turn right sign posted Holsworthy.
Follow this road down the hill, round a right hand bend past the hospital on the right hand side, continue on this road round a left hand bend over the bridge and take the road up in front of you (to the left of the Kings Arms Public House).
Continue up Fore Street and take the right hand turning into Church Street whereupon Hammets will be found within approximately 300 yards on the right hand side.
Entrance Hall Staircase to first floor landing. Living Room (13' 11" x 11' 0") Light and airy dual aspect reception room with feature fireplace housing log burner.
Kitchen (16' 0" x 11' 6") Dual aspect room with fitted kitchen comprising a range of base mounted units with work surfaces over incorporating composite 1 1/2 sink drainer unit with modern mixer tap, 4 ring gas hob with extractor hood over, built in oven and fridge freezer.
Space and plumbing for dishwasher. Access to useful under stair storage area. First Floor Landing Window to front elevation.
Bedroom 1 (14' 5" x 13' 2") Generous double bedroom with window to rear elevation overlooking the large walled garden. Bedroom 2 (14' 7" x 7' 9") Window to front elevation.
Shower Room (7' 3" x 5' 8") Enclosed shower cubicle with mains fed shower and drench over, pedestal wash hand basin, low flush WC, wall mounted heated towel rail.
Outside The property is approached via a pedestrian door giving access to the private walled gardens being principally laid to lawn with a variety of mature shrubs and plants and the original stone/cob wall bordering.
At the bottom of the garden is a generous cob/ stone outbuilding with a tiled roof. Services Mains gas, electricity, water and drainage. EPC Rating F Council Tax Band D.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Hammetts,, Spicers Lane, Cornwall
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