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See how verdicts work3-bedroom bungalow · TR20 8UU
For saleListed 263 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A deceptively spacious detached dormer bungalow set within just under an acre of beautiful grounds, offered for sale for the first time in over 30 years.
Set back within generous and well-established gardens, this unique detached dormer bungalow offers far more than first impressions suggest — a true “tardis” property with versatile accommodation and outstanding outdoor space.
The ground floor comprises a welcoming living room, separate dining room, fitted kitchen, shower room, and a spacious master bedroom featuring built-in storage and a hidden door leading to a large en-suite bathroom.
To the first floor, there are two well-proportioned double bedrooms, ideal for family living, guests, or home office use. Externally, the property truly excels.
The grounds include ample off-road parking, a greenhouse, shed, and a charming stream running through the garden — which has never flooded.
The setting is peaceful, private, and a haven for wildlife, with regular sightings of woodpeckers, jays, and the occasional deer.
A detached double garage provides excellent additional flexibility and is currently arranged to include guest accommodation with en-suite and kitchenette (note: no change-of-use planning permission).
This space is ideal for visiting family, hobbies, or workspace use.
Overall, this is a rare opportunity to acquire a deceptively spacious home in a generous plot, offering flexibility, privacy, and character both inside and out. New Mill is a small hamlet approx.
2 miles north of Penzance on the road to Gurnards Head and Zennor. A very popular but quiet area surround by beautiful rolling Cornish Countryside. Stunning walks encompass the area.
All major amenities are available in the nearby Penzance. New Mill is also in the catchment area for the very popular Trythall primary school.
The area lies within the Cornwall Area of Outstanding Natural Beauty. 1/2 Double-glazed Upvc door into: Porch 0.6m x 2.16m Upvc double-glazed windows to front with view of garden.
Dining Room 3.35m x 12 - Stairs rising, radiator, power points, TV aerial, double-glazed window to front, wooden flooring. Small understairs cupboard.
Kitchen 3.35m x 3.35m Fitted base and eye level units with worktops over and mixer tap. Integrated dishwasher, electric oven, and hob with extractor over. Integrated fridge and freezer.
Space for washing machine, and tumble dryer. Power points. Double-glazed window to side. Tiled floor. Bottle rack. Radiator. Cupboard housing Worcester Bosch boiler with (4-year guarantee remaining).
Upvc door to rear. Shower Room 1.55m x 2.16m Corner shower with waterfall head, and hand-held. Built in wash hand basin with vanity units, w/c, heated towel rail, fully tiled.
Double-glazed window to rear, extractor fan. Hallway Understairs storage cupboard, further storage cupboard with shelving and radiator. Bedroom 1 3.35m x 3.35m Radiator.
Power points, double-glazed patio doors leading onto rear garden. Wooden flooring. Sliding wardrobe with built-in shelving.
opening onto; En-suite Wet Room 11 x 1.55m - W/C, wash hand basin with storage unit. Fully-tiled. Bath. Heated towel rail, 2 double-glazed frosted windows to rear.
Electric Mira shower, extractor fan.
Lounge 3.96m x 4.01m Radiator, fireplace with electric fire and hearth, large double-glazed window to front, power points, double-glazed windows to rear side.
First Floor Landing Storage cupboard with shelving, further built-in storage over the stairs. Bedroom 2 4.88m x 3.35m Double-glazed window to side with countryside views.
Storage into eaves both sides. Power points, Velux window. Radiator. Loft access.
Bedroom 3 3.35m x 3.35m Double-glazed window to side with countryside views, Velux window, radiator, power points. 3 Storage cupboards into eaves. Outside to Front Calor gas tank.
Outside to Rear Greenhouse. Generous garden laid to lawn. Tap. Electric charging point.
Outside The property is approached via a farm gate onto a gravelled area with parking for several vehicles.
There is a stream running alongside the property with two bridges connecting to a lawned area. Wall marking the boundary. Mature shrubs and trees. Greenhouse.
Shed 4.27m x 3.66m Garage/Studio 6.73m x - Roller door. Power. Open plan kitchen/living Kitchen - fitted base and eye level units with worktops over.
Space for washing machine, Electric cooker with splashback, and extractor over. Sink with mixer tap and drainer. Part-tiled.
Space for freestanding fridge/freezer, space for slimline dishwasher Double-glazed frosted window to side. Power points. French doors onto garden area. Double-glazed window to side.
Office/Workshop 2.74m x 2.95m 1/2 Glazed door: double-glazed window to rear, double-glazed window to side, power points.
Wet room 1.24m x 1.52m Shower, W/C, wash hand basin with vanity unit, double-glazed frosted window to side, extractor fan, part-tiled.
Services: Calor Gas, electric, mains water, septic tank - private drainage. Council Tax: Band D.
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
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FAQ
About Newmill, Penzance, TR20
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