Modern Method of Auction
Auction date not yet published
2-bedroom bungalow · PL32 9UP
For saleReduced £40k (−18.2%) on 14 SepListed 77 days
Opportunity summary
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About
Offered to the market with no onward chain, this detached two bedroom bungalow occupies a generous plot within the popular market town of Camelford and presents an excellent opportunity for buyers seeking a property with scope to modernise and add value.
Benefitting from extensive driveway parking, a detached garage, useful outbuilding and well proportioned accommodation extending to approximately 1,113 sq ft, the property is ideally suited to downsizers, investors or those looking to create a home tailored to their own tastes.
Description The accommodation is arranged on one level and comprises an entrance porch leading into a central hallway, with a spacious living room opening into a conservatory that provides additional reception space and enjoys views over the garden.
The separate dining room offers an excellent entertaining area and connects to the kitchen, which is fitted with a range of wall and base units and provides scope for further improvement.
There are two well proportioned double bedrooms, including a generous master bedroom with an attractive bay window to the front elevation. A large shower room completes the internal accommodation.
External Externally, the property benefits from a sizeable driveway providing ample off-road parking for several vehicles and giving access to the detached Prefab garage.
The gardens surround the property and offer excellent scope for landscaping, while a separate outbuilding provides useful storage or workshop space.
Location Located on Chapel Street in the heart of Camelford, this property enjoys a convenient position close to the town's amenities while benefiting from a peaceful residential setting.
The area offers easy access to local schools, shops and transport links, with the stunning North Cornwall coastline, Bodmin Moor and numerous rural walking routes all within easy reach.
The postcode comprises a small cluster of predominantly detached homes in an established neighbourhood Services The following services are available - mains water, electric and drainage as well as oil central heating.
Council Tax Band C Agents Notes Although requiring a programme of updating and modernisation, the bungalow presents an exciting opportunity for purchasers to create a home tailored to their own tastes and requirements.
The combination of generous room sizes, excellent parking, detached garage and convenient location make this a particularly appealing proposition.
Auctioneers Comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the (truncated)
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 20, Chapel Street, Cornwall
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