2-bedroom bungalow · TR18 5DQ
For saleListed 116 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A detached bungalow, situated in a popular estate location on the outskirts of the fishing village of Newlyn, and offered for sale with no onward chain.
The accommodation comprises of two bedrooms, bathroom, lounge/diner, kitchen. With off street parking leading to a garage with front and rear gardens.
The house is double glazed and heated via night storage heaters. Early viewing recommended.
Features Garden Property additional info UPVC double glazed door into: Kitchen: 9' 4" x 8' 8" (2.84m x 2.64m) Double glazed window to front, tiled floor, base and wall units with worksurfaces and tiling over, extractor fan, space for washing machine and fridge/freezer, double oven, electric hob, door to: Lounge/dining room: 14' 10" x 11' 4" (4.52m x 3.45m) Double glazed window to front, night storage heater.
Further door into: Main hallway: Access to loft, night storage heater, door to outside, cupboard housing hot water tank.
Bedroom one: 9' 4" x 8' 8" (2.84m x 2.64m) Double glazed window to side, fitted wardrobes.
Bedroom two: 12' 3" x 6' 9" (3.73m x 2.06m) Double glazed window to side, night storage heater, fitted wardrobes.
Bathroom: Double glazed window to side, fully tiled walls and floor, bath with electric shower over, pedestal wash hand basin, WC, heated towel rail, shaver point.
Outside: Driveway with parking for several vehicles, leading to the: Garage: 17' 7" x 8' 11" (5.36m x 2.72m) Electric roller door, power and light, rear pedestrian door into garden.
The front garden is laid to chipping, bordered by low level brick wall, path to both sides of the bungalow, leads to the rear garden, fully enclosed with area of patio and raised flower beds with green house, enclosed by Cornish granite hedge to the rear.
Services: Mains water, electricity and drainage.
Directions: Via "What3Words" app: ///pokers.suitcase.bloomers agents notes: we understand from Openreach website that Fibre to the Cabinet Broadband (fttc) is available to the property.
We tested the mobile phone signal for O2 which was good. The property is built of brick under a concrete tiled roof. Roof type: Concrete roof tiles. Mobile signal/coverage: Good.
Construction materials used: Brick and block. Water source: Direct mains water. Electricity source: National Grid. Sewerage arrangements: Standard UK domestic.
Heating Supply: Central heating (electric). Broadband internet type: Fttc (fibre to the cabinet). Parking Availability: Yes.
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.
Area
Agent & docs
FAQ
About 28 Forbes Road, Newlyn, PENZANCE
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