4-bedroom bungalow · TR12 6TJ
Sold STCReduced £50k (−7.4%) on 28 SepListed 77 days
Opportunity summary
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About
A substantial detached home on the quiet edge of Coverack, recently modernised and ready to move into, a short walk from the harbour and beach.
Tremydden stands just back from the water at North Corner.
It’s close enough to walk down to the harbour of an evening, and the modernisation has already been done, so there’s little to do here beyond unpack and settle in.
There’s more space inside than the road suggests.
The heart of the house is a bright, dual-aspect lounge that holds the light through the day, with a separate kitchen and dining room and a conservatory across the back that looks over the garden.
A further reception room adds genuine flexibility: A home office, a playroom, a snug, or a fourth bedroom when family come to stay.
Upstairs is given over to the principal bedroom, which has wide views across the bay, generous storage and its own en-suite WC. Two further double bedrooms and a contemporary bathroom sit below.
The garden is generous and well screened, wrapped in established planting and laid mostly to lawn, with room to sit out, entertain or let children and dogs run about.
A detached garage with power and workshop space, plus parking for at least two cars, covers the practical side.
Coverack is a working fishing village set into a sheltered cove, its serpentine harbour built in 1724 and still home to boats landing the daily catch.
The crescent beach gives clear, calm water for swimming, kayaking and paddleboarding; the old Lifeboat House serves fish and chips to eat on the wall; and The Paris Hotel, a village primary school, and a handful of cafés and shops keep everyday life close.
It’s one of the most sought-after spots on the Lizard.
Good to know • Detached home, flexible as three or four bedrooms • Recently modernised and ready to move into • Sea views across the bay from the principal bedroom • Generous, private, well-established gardens • Detached garage with power and workshop space; off-road parking for at least two vehicles • Mains water, drainage and electricity; oil-fired central heating • Council Tax Band D • Pedestrian and vehicular right of way over the lane to the property (as advised by our client) • what3words: ///comb.care.nightcap • Broadband & mobile coverage: Check at
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 Tremydden,, North Corner, Cornwall
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