3-bedroom bungalow · PL27 6SF
For saleListed 66 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Excellent redevelopment opportunity on 0.7 acre plot at Greenaway, Trebetherick with estuary views. Daymer Bay 220 yards from bottom of garden.
3 bedroom bungalow with garage set between two 2/3 storey houses. Freehold, EPC band E , Council Tax band D.
Mermaids was built by the sellers parents and has now come to the market for the first time. The current bungalow is situated at the top of its 0.7acre plot so it looks down over its own land.
The plot was kept with the top half as a garden and the bottom half left as a field that has now grown in. There is a path cut through it leading to a pedestrian access down to Daymer Bay.
Some of the trees /shrubs in the lower section could be reduced to improve the Estuary view from the bungalow.
The bungalow is a basic timber frame construction built in 1972 and consists of two double bedrooms, a large single bedroom, a bathroom, a separate wc, Kitchen dining room and large sitting room.
There is a front and side porch and an attached garage. Heating is from original electric night storage heaters, an electric Aga in the kitchen and a new wood burner in the sitting room.
There is a modern pressurised hot water tank. The property is chain free and registered land.
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
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