3-bedroom bungalow · PL31 2AL
Listing removedListed 236 days
Opportunity summary
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About
Situated in a non-estate position on the eastern side of Bodmin, this detached older style bungalow provides three bedroom accommodation with improvements carried out by the current owners, enabling immediate occupation.
A glazed entrance opens into the hallway, which features parquet flooring and picture rails. Access is provided to a substantial boarded loft via a fitted ladder.
The loft is insulated and fitted with lighting and windows to the gable ends.
As shown on the floorplan 9 launceston floor plan , it spans much of the footprint of the property and offers potential for conversion, subject to the necessary planning permission and building regulations approval.
The lounge is positioned to the front of the property and includes a sliding patio door opening to the front garden. A fireplace with inset wood burning stove is set on a slate hearth.
The dining room provides a separate reception space and gives access to the kitchen.
The kitchen has been recently refitted and comprises contemporary base and wall units with marble effect work surfaces, integrated oven, gas hob and stainless steel splashback.
There are windows to the side elevations and a door leading outside. A pantry is located off the kitchen and provides additional storage. There are three bedrooms.
The principal bedroom benefits from a bay window to the front elevation. Bedrooms two and three overlook the rear garden.
The bathroom is fitted with a white suite comprising panelled bath, separate corner shower cubicle, pedestal wash hand basin and low level WC.
Step Outside To the front of the property is a lawned garden with established shrubs and a paved terrace area.
A driveway runs along the side of the property leading to a rear parking and turning area with space for multiple vehicles. There is also pedestrian access to the opposite side.
The rear garden is laid mainly to lawn with a range of trees and shrubs. A detached garage of concrete block construction with sectional door and side windows is located to the rear.
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Value & comps
No previous sales on record.
Returns
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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 Launceston Road, Bodmin, Cornwall, PL31
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