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See how verdicts work3-bedroom bungalow · TR16 6AR
For saleReduced £20k (−6.7%) on 21 OctListed 45 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in an ever popular location, this detached gable end bungalow is situated in a cul-de-sac.
From the front elevation there are fine views to the top of Carn Marth which is the second highest point in the county.
The bungalow is well presented by the vendor and offers double glazed accommodation with two electric radiators.
There is a long fire surround in the lounge but it would appear that the fireplace itself has at some stage been removed.
The kitchen has a good range of units together with a replacement oven and there is a hob with an extractor hood over.
In addition to the base units there are also complementary eye level cupboards with space for white goods.
Three bedrooms are provided with the smaller bedroom being reduced in size to allow for a passage for an internal access to the garage.
The bathroom has been converted to a shower room with wipe clean walling. Externally there is a well appointed front garden being laid to lawn with hedging.
A side tarmac driveway provides plenty of parking and leads to the garage. The rear garden is well enclosed with terraced lawns and established hedging to the rear.
There are various flower borders and a centrally appointed palm tree. There is also a timber garden shed.
Lanner village is well thought of with shopping facilities, bus services and a popular primary school. Recessed Porch Door to: Hallway Tiled entrance area and an electric radiator.
Two built-in cupboards, one with shelving and one housing the hot water tank. Lounge (3.00m x 4.93m (9'10" x 16'2")) A long fireplace and mantel (the fire itself has been removed).
Double cupboard and an electric radiator. From this room there is a fine aspect to the top of Carn Marth.
Kitchen (2.52m x 3.27m (8'3" x 10'8" )) One and a half bowl stainless steel sink unit, working surfaces with cupboards and drawers beneath, splash backs and complementary eye level units.
Space for white goods and a built-in oven, four ring hob and an extractor above. The vendor informs us that the oven was replaced approximately 6-7 years ago.
Bedroom 1 (3.02m x 3.24m (9'10" x 10'7")) Patio doors to the rear garden. Bedroom 2 (3.17m x 2.25m (10'4" x 7'4")) Window overlooking the rear garden.
Bedroom 3 (2.18m x 1.90m (7'1" x 6'2")) This room has been shortened to allow for an internal passageway to the garage.
Shower Room (2.48m x 1.50m (8'1" x 4'11")) Remodelled and having a Triton electric shower and screen with Respatex style wipe clean surround. Wall tiling, pedestal wash hand basin and a low level wc.
Electric towel rail and a fan heater. Outside A tarmac driveway provides parking facilities and leads to a garage with an up and over door, a rear door, internal access, power and water.
The front garden is mostly enclosed and lawned with borders and good hedge screening to the front. A side pathway leads to the rear garden being enclosed with established hedging to the rear.
There are terraced lawns to three areas together with a focal point Palm Tree and various borders. A modern timber 8' x 6' shed has been constructed with a window to the front.
There is also well established Rhubarb. Directions From Redruth take the main road towards Falmouth into the village of Lanner.
Turn right after the square into Bell Lane and then turn right into May Gardens. Number 13 will be identified on the left hand side. Agents Note Tenure: Freehold. Council tax band: C.
Services Mains drainage, mains water, mains electricity and electric heating.
Broadband highest available download speeds - Standard 6 Mpbs, Superfast 71 Mpbs, Ultrafast 1800 Mpbs (sourced from Ofcom).
Mobile signal - EE - Good outdoor, Three - Variable outdoor, O2 - Good outdoor & variable indoor, Vodafone - Good outdoor & indoor (sourced from Ofcom).
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
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FAQ
About 13, May Gardens, Redruth
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