Modern Method of Auction
Auction date not yet published
3-bedroom house · PL27 7BH
For saleReduced £10k (−3.8%) on 29 AugListed 174 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stratton Creber are delighted to present to the market, this well-presented three-bedroom detached bungalow offers spacious and versatile accommodation ideal for a range of buyers.
This self-built property is set on a generous plot and benefits from a private driveway leading to a garage, providing ample off-road parking.
Internally, the bungalow features a bright and welcoming entrance hall, a spacious living room with plenty of natural light, and a well-appointed kitchen and archway to dining area with access to the rear garden.
There are three well-proportioned bedrooms, offering flexibility for family living, guest accommodation, or a home office. A modern family bathroom completes the internal layout.
Externally, the property boasts attractive front and rear gardens, perfect for outdoor entertaining or simply enjoying the peaceful surroundings.
The rear garden offers a good degree of privacy and is mainly laid to lawn with established planting.
This property benefits from mains electricity, drainage and water with electric heating Council Tax Band - D, EPC - E.
Wellington Place is ideally located within easy reach of Wadebridge town centre, with its excellent selection of shops, cafes, and amenities, as well as access to the Camel Trail and the stunning North Cornwall coastline.
This delightful bungalow presents a fantastic opportunity to acquire a comfortable home in a desirable location, and early viewing is highly recommended.
Auctioneer Comments: This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a NonRefundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600 inc. VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT.
These services are optional.
Value & comps
No previous sales on record.
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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 starting price
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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 37, Wellington Place, Cornwall
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