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See how verdicts work3-bedroom bungalow · TR27 5HQ
For saleListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ref: MK0967. This three-bedroom detached bungalow, nestled on a generous 0.5-acre plot in Reawla, offers a unique blend of comfortable village living and significant development potential.
The inviting bungalow features three well-proportioned bedrooms, a family bathroom, and a spacious reception room, providing a comfortable living environment.
A particular highlight is the substantial plot, offering ample outside space.
To the rear, a static caravan with existing planning permission provides flexible accommodation options or a dedicated workspace.
The property enjoys a good degree of privacy, backing onto open fields.
Externally, a long driveway runs the full length of the plot, leading to a detached garage/workshop, ensuring abundant parking and storage.
The expansive garden area offers considerable scope for landscaping or bespoke outdoor projects.
Situated in the small village of Reawla, the property benefits from a peaceful rural setting while remaining highly accessible.
It is conveniently located a short distance south-east of the coastal town of Hayle and offers easy access to nearby towns such as Penzance, Helston, and Camborne.
This unique opportunity combines the benefits of a comfortable home with considerable potential.
Outline planning permission (ref PA25/01632) was granted in April 2025 for the construction of up to five properties to the rear of the existing bungalow.
This offers a prospective owner the flexibility to either reside on-site whilst undertaking development or to sell off the rear garden area to a developer.
This property truly works as a residence, a development project, or a base for a home business. Viewing is highly recommended to fully appreciate the potential and lifestyle on offer.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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
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FAQ
About 31, Reawla Lane, Hayle
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