2-bedroom bungalow · EX23 9QY
For saleListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No.7 The Drive enjoys an elevated position within the site just a short distance from the resident’s car park.
The property is available with no onward chain and can be sold as a going concern, fully furnished, perfect for the investment buyer.
Each room is tastefully decorated and features low maintenance wooden floor coverings.
The kitchen has a selection of base storage units with worktop over, an integral electric oven with hob over and space for under counter fridge/freezer.
The bathroom has a white ceramic bathroom suite with an large walk-in shower cubicle with a Triton electric power shower and tiled flooring.
Warmth is provided by electric wall mounted heaters in the living room and bedrooms, the windows and doors are uPVC double glazed.
Externally the property has a patio area to the front elevation providing a space to sit and enjoy an early morning coffee or a galss of wine in the evening.
These chalets are ideal to use as a base to enjoy this beautiful part of the world, being just 2.5 miles from the National Trust owned Sandymouth beach and access to the clifftops.
The chalet can only be lived in for holiday use, not as a full-time residence and in light of this has an 8 month occupancy restriction.
Site Charges 2024 Services 25th March 2024 – 24th March 2025 £412.18 Refuse Charge 2024 - £227.36 CCTV Charge 2024 - £38.39 Electric Maintenance 2024 - £147.47 Total £825.40 (all fees are inclusive of VAT) Services: Electricity, Mains Water and Drainage.
From Bude proceed north and just before the village of Kilkhampton turn left into Penstowe.
Follow the road through the park for approximately 300 metres where the parking area for The Park will be found on the left-hand side.
No.7 The Drive can be found on the opposite side of the road directly across from the car park.
Lounge (3.39m x 4.14m) Kitchen (1.76m x 1.8m) Shower Room (1.74m x 1.26m) Bedroom 1 (2.62m x 2.79m) Bedroom 2 2.03m min x 3.02m Tenure Freehold EPC E Council Tax Band Business Rated Service Mains Electricity.
Water and Drainage.
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 7, The Drive, Kilkhampton
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