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See how verdicts work4-bedroom house · PL25 3BB
Listing removedReduced £19k (−6.4%) on 9 OctListed 199 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hunkin Homes welcomes you to this 4 bedroom detached bungalow on Cormorant Drive. The property features a modern extension that seamlessly blends with the original structure.
While the original part of the bungalow may require some modernisation, it presents an exciting opportunity for those looking to put their own stamp on a home.
This well-proportioned bungalow offers versatile accommodation throughout, beginning with an entrance hall providing useful storage and access to all rooms.
To the front of the property is a lounge/diner, while to the rear a generous kitchen/diner gives access to a patio seating area with far reaching views.
The property features 4 bedrooms, including a main bedroom positioned to the front.
Bedroom two benefits from French doors leading directly onto the patio, while a further bedroom also enjoys access to the outdoor space and opens into an additional which could easily be configured to provide direct access from the hallway.
A family bathroom and a separate, well-sized wet room complete the internal accommodation. Externally, there are gardens arranged over two levels.
The patio seating area, accessible from the kitchen and two of the bedrooms, provides an ideal space for entertaining or relaxing.
Steps lead down to a further garden area, mainly laid to lawn and complemented by a vegetable plot, sheds, and a greenhouse, with access through to the garage.
To the front, a central pathway leads to the entrance, bordered by raised flower beds, creating a welcoming approach.
With the added benefits of a garage, off-road parking, front and rear gardens, and gas central heating, this property is ideally situated close to local amenities and represents a fantastic opportunity for a range of buyers.
About the Location Located in the highly regarded Cormorant Drive, residents will enjoy easy access to amenities while still maintaining a sense of peaceful seclusion.
The town centre is just 1 mile away 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.
Close by is the picturesque historic port of Charlestown, the backdrop to many films and period dramas, a popular location, due to the beautiful setting and quality restaurants.
Also within a short distance is the captivating Lost Gardens of Heligan and of course the world famous Eden Project.
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.
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FAQ
About 3 Cormorant Drive, St. Austell
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