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See how verdicts work2-bedroom bungalow · PL27 7BA
Sold STCReduced £15k (−4.5%) on 27 OctListed 264 days
Opportunity summary
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About
An individual detached 2 double bedroom bungalow with good size driveway, integral garage and very pleasant mature garden at the rear. Freehold. Council Tax Band D. EPC rating B.
Enjoying a fantastic tucked away location at the rear of the top end of Fernleigh Road is this individual detached 2 double bedroom bungalow.
The property sits in a pleasant plot with gates leading to entrance drive with additional parking area which in turn leads to the integral garage with electric roller door.
The property has a very spacious living/dining room with triple aspect windows and a lovely rear garden.
The location is excellent for an easy stroll into the town centre yet is tucked away off any of the main roads.
The property also has the benefit of owning its own solar photovoltaic panels (further details to follow).
The Accommodation comprises with all measurements being approximate: UPVC Double Glazed Entrance Door with matching side panel to Entrance Hall Artexed ceiling, access to roof space, radiator, built-in cupboard housing gas fired central heating, hot water boiler, slatted shelving to side, further built-in double storage cupboard with hanging and shelving space.
Bedroom 2 front - 3.2m x 3m Radiator, double glazed window to front, artexed ceiling.
Bedroom 1 rear - 3.32m to wardrobe x 3m Artexed ceiling, 2 double built-in wardrobes with cupboards over, radiator, electric wall mounted heater, window to rear.
Kitchen - 4.56m x 2.84m Radiator, artexed ceiling, single drainer stainless steel sink, mixer tap over, good range of built-in base and wall units including drawers, fitted worktops with tiled surrounds, recess for electric cooker, plumbing for washing machine, window overlooking rear garden.
Wet Room With thermostatic shower, tiled surround, low level W.C., wash hand basin, tiled splashback, heated towel rail, double glazed window, artexed ceiling.
Lounge/Dining Room - 3.6m x 7.16m A lovely light triple aspect room with pleasant views towards the town clock, countryside and St Minver church spire in the distance, 2 radiators, attractive natural stone fireplace surround with woodburning stove, slate hearth, artexed ceiling, sliding double glazed patio doors leading on to the rear garden.
Outside Timber gates lead to the front tarmac driveway with parking and turning area together with slate chipping parking area to side, flower/rose beds, lockable gate leading to bin/log store area with further gate and gate on either side leading to the rear garden.
Further enclosed garden to side and path leading around to the main garden at the rear.
Concrete path with paved patio area and steps leading up to a raised lawn, very attractive rose/flower bed, various fruit trees including apple trees, pear tree, fruit cage, garden shed with path and gates to side.
Garage -6m x 3.48m max, 2.93m min Electric roller door to front and UPVC double glazed pedestrian door, electric fuse box, workbench, light and power connected, tap, wall mounted inverter for solar PV panels.
Services Mains water, electricity, gas and drainage are connected to the property.
Agents Note We understand from the executors that the property owns the solar panels and has the benefit of a tax free income.
They are in the process of obtaining further information about the length of time the higher rate tariff has to run together with the last couple of years income. Further information upon request.
What3words: ///value.essay.drape Please contact our Wadebridge Office for further details.
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
Agent & docs
FAQ
About New Park Road, Wadebridge PL27
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