5-bedroom detached house · PL27 7EP
Sold STCReduced £65k (−17.3%) on 30 MayListed 257 days
Opportunity summary
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About
Cash Buyers ONLY.
A fantastic opportunity to purchase a substantial 5 bedroom detached house enjoying spectacular views down to the Camel Estuary set on a generous garden plot offering tremendous potential with double garage of interest to cash buyers only.
Freehold. Council Tax Band E. EPC rating E. Penherwood is an individual and substantial detached dormer bungalow which is set on a very generous garden plot offering tremendous potential.
Requiring modernisation and improvement, the property offers spacious entrance hall with large lounge, separate dining area and kitchen to rear.
There are 5 bedrooms, 3 on the ground floor and 2 of which are on the first floor enjoying superb views across to the River Camel.
As mentioned, the garden is one of the most notable features here, being of good size and benefitting from an access path to Trevanson.
Offered for sale with no onward chain, Penherwood should be considered ideal for those purchasers seeking a large family home in a generous garden plot with fantastic views so rarely available within Wadebridge town.
Please see agents note below for more information.
The Accommodation comprises with all measurements being approximate: UPVC Double Glazed Entrance Door to Entrance Porch Inner doo to Hallway Radiator, UPVC double glazed window to side.
Living Room - 5.2m to bay x 4.1m A spacious living room with 2 radiators, UPVC double glazed bay window to front, gas fire in fireplace.
Master Bedroom - 3.98m x 4.7m to bay UPVC double glazed bay window to front, 2 radiators, wash hand basin with tiled splashback.
Bedroom 2 - 3.3m x 2.6m UPVC double glazed window to rear enjoying views of the garden and countryside beyond, radiator, wash hand basin with tiled splashback.
Bedroom 3 - 5.2m x 2.5m UPVC double glazed bay window to front, radiator, wash hand basin with tiled splashback.
Bathroom Part tiled suite comprising panelled bath, separate shower cubicle, low level W.C., wash hand basin, 2 opaque UPVC double glazed windows to side, radiator.
Dining Room - 4.2m x 3.6m A dual aspect dining room with UPVC double glazed window to rear and side with the rear enjoying great countryside views over the garden, cupboard housing hot water tank, fireplace with electric fire.
Kitchen - 3.8m x 2.6m A fitted kitchen with a range of wall and base cupboards with worktops over, integral double oven and grill, stainless steel sink with mixer tap over, UPVC double glazed window overlooking rear garden and countryside beyond, UPVC double glazed door to rear, feature pantry cupboard with window, radiator.
Stairs to First Floor Landing Velux window. Bedroom 4 - 4.1m x 4.8m to dormer Radiator, wash hand basin, window to rear with views over the garden, countryside beyond and the River Camel.
Bedroom 5 - 1.4m min, 2.8m max x 4.8m Built-in storage cupboard, window to rear enjoying fantastic garden, countryside and river views.
Outside The the front there is a large area laid to lawn with driveway providing ample parking leading to the double garage and pathway to front door.
Double Garage - 5.41m x 6.08m Electric garage door, 2 windows to rear, 2 windows to side. Mechanics pit.
At the rear there is a patio leading out from the kitchen which makes the most of the fantastic countryside views.
Large area of the garden laid to lawn with path down the middle with a range of mature fruit trees and shrubs throughout. At the end of the garden steps lead to Trevanson Road.
Outside store, outside tap and outside light.
The property sits within a fantastic plot of approximately 0.21 of an acre and it is worth noting that both the neighbouring properties have developed their gardens with new build houses at the bottom of the plot.
This property therefore has great potential.
Agents Note The vendors have commissioned both a structural report and a Mundic Block test for the property, a copy of both are held on file in our Wadebridge Office for all prospective purchasers.
The Mundic Block test result is a C2 Fail and therefore this property is of interest to cash purchasers only. Services Mains electricity, drainage, water and gas are connected.
What3words: ///weds.proves.somebody Please contact our Wadebridge Office for further details.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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