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See how verdicts work2-bedroom bungalow · PL29 3RR
For saleListed 248 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set at the top of the historic fishing village of Port Isaac on the North Coast of Cornwall is 15 Lundy Road is an extended two bedroom, end of terrace bungalow with converted attic which could be made into a formal 3rd bedroom with minor work.
Freehold , Council Tax band B, EPC band E.
There is parking for up to three cars in front of the bungalow and a large secure metal store at the side of the property the current vendor uses to store his motorbike.
The front door leads into the living room which has a wood burner that heats the whole property as the kitchen and dining room are both open to the living room.
There are also three programable electric heaters. There is one bedroom to the front of the property and the main bedroom is at the rear with plenty of built in wardrobes.
From the dining room there is a ladder type staircase to the attic room.
Now that there has been a pressurized hot water system fitted the water tank in the remaining loft has been removed so it appears there would be room to now install a proper staircase should a purchaser want to create a third bedroom upstairs.
The bathroom is at the rear of the property and has an electric shower over the bath, wc, handbasin and electric towel rail.
The kitchen comes with a fridge freezer and dishwasher, there is space for a range cooker.
Out in the rear garden there is plumbing and electric in a plastic shed which contains a washing machine and tumble dryer. There is also a larger timber shed and a small timber green house.
The rear garden is private a secure with a gated side access round to the front.
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 Port Isaac
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