3-bedroom bungalow · PL26 6TZ
Listing removedListed 150 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within the picturesque fishing village of Mevagissey, Hunkin Homes are delighted to market this superbly presented 3 bedroom detached bungalow occupying an elevated position with sea views.
Offering well-proportioned accommodation throughout, the property also benefits from attractive gardens, a substantial driveway, double garage and workshop.
On entering the property, an L-shaped entrance hall provides a welcoming entrance and leads through to an attractive lounge with log burner.
The lounge opens into a spacious kitchen/diner, creating an ideal space for both everyday living and entertaining.
Patio doors lead into a bright conservatory which in turn opens out onto the beautifully maintained gardens.
The accommodation further comprises a useful utility room and, within the garage, a practical office space ideal for home working or hobbies.
There are 3 bedrooms, including a principal bedroom with en suite shower room, together with a modern family shower room.
Externally, the property enjoys a good sized garden which are attractively landscaped and well maintained, providing a wonderful setting for outdoor relaxation.
A generous driveway offers ample parking and leads to the double garage with adjoining workshop.
This is a rare opportunity to acquire a beautifully presented bungalow in one of Cornwall’s most sought-after coastal villages, close to the harbour, local amenities and stunning South Cornish coastline.
About the Location Mevagissey is a pretty traditional fishing village and working harbour on the south coast.
With its quaint streets, gift shops, art galleries, pubs and restaurants, along with a village school and doctors surgery.
The market town of St Austell is just 6 miles distant and offers a comprehensive range of amenities including, mainline railway station to London Paddington, Recreation Centre, Library, Cinema, Bowling Alley and a range of public houses.
Also close by are The Lost Gardens of Heligan.
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 2 Summerfield Close, St. Austell
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