3-bedroom bungalow · PL31 1QH
Sold STCReduced £15k (−5.4%) on 4 AugListed 367 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This 1930’s bungalow is approached via a generous driveway which offers parking for multiple vehicles and leads to the garage, equipped with power, while a pathway brings you to the entrance porch and into the spacious entrance hall.
The lounge is positioned at the front of the property and offers a large window and high ceilings offering a bright spacious feel. At the heart of the home is an open-plan kitchen and dining room.
The Dining room is dual aspect and offers lots of natural light. There is a cupboard leading off the dining area which is currently used as a home office.
The kitchen is fitted with a range of base and wall units, a dishwasher and a gas range cooker, there is a door leading into a rear utility space, wc and provides access to the rear garden.
All three bedrooms are located at the rear of the property, are well proportioned and offer the space for a double bed and wardrobes/storage.
The modern family bathroom is centrally positioned within the bungalow and offers a roll top bath and separate double shower.
The garden at the front of the property is mainly laid to lawn and to the rear of the property there is a level garden providing access to the driveway and garage.
Bodmin is situated within proximity to the A30 and has a mainline train station, the bungalow is conveniently located within walking distance of shops, schools, and transport links and offers excellent access to town amenities.
Viewing is highly advised to appreciate the potential this bungalow offers. Agents Notes: The sellers had a new gas combi boiler installed approximately 4 years ago.
The property benefits from a positive airflow ventilation system. The sellers hold a clear mundic test from 1996 when the property was purchased.
We understand that the trees at the front of the property are protected under a Tree Preservation Order. The sellers have advised us that the property is block built.
Services: Mains water, electricity, gas and drainage Council Tax Band: C
Value & comps
No previous sales on record.
Returns
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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 13, Westheath Avenue, Cornwall
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