2-bedroom house · TR4 8LR
Listing removedReduced £10k (−2.4%) on 29 JunListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and traditional two-bedroom detached bungalow situated in a rural, tree-lined location on the outskirts of Chacewater.
This property is accessed via a gated entrance which is controlled using a mobile app or a key fob.
Occupying a generous plot of approximately 0.75 of an acre, there are also outbuildings providing plenty of storage and a home office / small summer house which benefits from electricity.
This property is Grade II listed and is of cob construction.
The accommodation benefits from character features such as stained glass on the original doors into the house as well as the original steps leading down to the garden.
As you enter the property you will find a generous lounge diner with a log burner and a well sized kitchen offering plenty of storage and food preparation space.
There are two bedrooms, one of which benefits from a walk in dressing area, and a family bathroom. Completing the accommodation, there is a utility room to the rear of the property.
Outside, the property occupies a generous sized plot with several seating areas which overlook the gardens, countryside or woodlands.
Within the gated entrance there is parking for several vehicles which leads to the summer house and outbuildings, there is a lower section of garden which would be the perfect area for entertaining the family or gardening.
There is no doubt that this property will be very popular. An early viewing is recommended to appreciate the location and accommodation on offer.
The popular village of Chacewater is approximately five miles away from the Cathedral City of Truro.
The village boasts of a wide range of amenities which include a post office, general store, bakery plus a public house and primary school.
There is a bus service which provides regular connections to Truro City, Redruth and Falmouth.
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
FAQ
About Upton Grove,, West End, Truro
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