1-bedroom bungalow · TR18 3AZ
For saleListed 45 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no onward chain, this two-bedroom park home offers well-proportioned accommodation and would make an ideal low-maintenance home.
The accommodation comprises a spacious open-plan living area, providing plenty of room for both seating and dining, together with a fitted kitchen area. There are two bedrooms and a bathroom.
A straightforward and manageable property, offered with vacant possession The monthly ground rent is approximately £200 per calendar month.
The park allows up to two pets, and while it is a residential park, grandchildren are welcome to visit and may stay overnight with permission from the site owner.
The market town of Penzance and its working harbour lies in a sheltered corner of Mounts Bay in South West Cornwall.
The town offers all amenities including: schools, doctors, churches, banks, shops, restaurants and the famous Jubilee Pool and Morrab gardens. The neighbouring town of Newlyn is approx. 1 mile away.
Marazion 3 miles. Sennen, Porthcurno and St.Ives all within a short drive.
Upvc door into: Entrance Hall Doors to: Open Plan Living Area 5.8m x 3.05m 2 Radiators, electric fire with wooden surround, 4 Upvc double-glazed window to all sides, Upvc double-glazed French doors to side.
Fitted kitchen with gas hob with extractor over, space for fridge freezer, and washing machine, cupboard housing gas boiler, sink and drainer.
Bedroom 2 2.16m x 1.55m Upvc double-glazed window to side, radiator. Bathroom 2.16m x 1.55m Upvc double-glazed frosted window to side, bath with shower over, and glass screen. W/C.
Wash hand basin, heated towel rail. Bedroom 1 2.46m x 3.05m Upvc double-glazed window to front, radiator, built-in wardrobes to one wall.
Outside Off road parking with path and steps to front. Garden to rear and side, 2 storage sheds, tap. Council Tax: Band A. Services: Electric, mains water and drainage. Mains gas.
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About Eastern Green, Penzance, TR18
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