Modern Method of Auction
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We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom bungalow · TR5 0XH
For saleReduced £15k (−13%) on 4 SepListed 80 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious 3-Bedroom Holiday Bungalow at Perran View Holiday Park, Perranporth Enjoy a relaxing Cornish getaway in this spacious three-bedroom, blue-clad bungalow, perfectly positioned next to the children's play area within the popular Perran View Holiday Park.
The property offers comfortable open-plan living, with a bright lounge, dining area and fully equipped kitchen, making it ideal for families, couples or groups.
Three generously sized bedrooms provide plenty of space for up to six guests, while the family bathroom offers everything you need for a comfortable stay.
The current owners are happy to leave the property as furnished for this sale, for convenient holiday letting.
Guests can take advantage of the excellent on-site facilities, including: • Indoor Swimming Pool & Sauna • Children's Play Areas • Tennis Court • Bar and Restaurant • Volleyball & Badminton • Crazy Golf Outside, the bungalow is surrounded by communal gardens, providing plenty of outdoor space to enjoy.
Please note that these gardens are maintained by the holiday park and are consistently looked after, as is the generous communal parking.
Located just a short drive from the beautiful beach at Perranporth, you'll have easy access to golden sands, coastal walks, surfing, cafés and local attractions, making this an excellent base for exploring Cornwall.
Whether you're looking for a family holiday, a beach escape or a relaxing break, this welcoming bungalow offers everything you need for a memorable stay.
The current vendors have owned the property for several years and this property has always been a great investment and achieved a fantastic rental return, particularly in the summer holidays.
In the quieter periods, the property can be rented to professionals and people working in the locality.
John Fowler- “About Us: We are proud to be a family-owned business, that has created generations of unforgettable holidays.
Our story began more than 70 years ago with a vision to provide affordable high-quality seaside destinations, where families could relax, reconnect, and create lifelong memories.
From those early days the business has grown through hard work, careful investment, and a genuine love for what we do.
Today, we remain true to those founding principles – offering leading locations, with a focus on value, service, and family fun.
Unlike many of our competitors, our business is still run by our family.
Being hands-on means, we’re personally involved in the growth and development of our parks, and we genuinely care about every guest experience.
Our leadership team works closely together, combining decades of industry knowledge with fresh ideas for the future.
Many members of our wider team have been with us for years – some even generations – and we consider them part of our family.” For additional information about what this site has to offer, please visit their website.
Auctioneers Comments: This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor.
This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee.
This being 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property.
The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding.
A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £349.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements Should you opt to use Conveyancing Services recommended by iamsold or the Partner Agent, please be advised that the Partner Agent will receive payment of up to £450.00 from the Conveyancing Provider for that recommendation where the services are taken, and a sale completes.
It is important to note that recommended services are optional, and you should consider your options carefully before accepting any recommended services.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 23, Perran View Holiday Park, Trevellas, Cornwall
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