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See how verdicts work2-bedroom bungalow · PL11 3JP
For saleListed 186 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Situated within the popular Morweth Court development in Downderry, this well-presented two-bedroom bungalow offers stylish and low-maintenance accommodation, ideal as a main home, coastal retreat or holiday let.
The property is entered into a bright and contemporary open-plan kitchen/living space, thoughtfully designed to maximise light and functionality.
The kitchen is fitted with a modern range of units and integrated appliances, while the living area provides ample space for both seating and dining, with sliding doors opening directly onto the front terrace.
There are two bedrooms, both positioned to the rear of the property, offering a peaceful outlook.
The principal bedroom is a comfortable double, with the second bedroom currently arranged to accommodate bunk beds, making it ideal for guests or family use.
The bathroom is fitted with a modern suite comprising bath with shower over, wash hand basin and WC, finished in a clean and contemporary style.
Grounds: To the front of the property is a private decked terrace, creating an excellent space for outdoor dining and relaxation.
The area enjoys a pleasant outlook across the development and towards the surrounding countryside, with established planting adding colour and privacy.
Parking: The property benefits from allocated parking within the development, along with additional visitor parking available nearby.
Lease Information: The property is leasehold and benefits from a share of the freehold. The lease was granted for 999 years from 2003. Service charges are approximately £95 per calendar month.
Situation: Morweth Court is set within the sought-after coastal village of Downderry, just a short walk from the beach.
The village offers a range of everyday amenities including a shop, café, restaurant and public house, while the neighbouring village of Seaton provides additional facilities and access to scenic riverside and coastal walks.
The area is well known for its stunning coastline and access to the South West Coast Path, making it particularly appealing for those seeking a lifestyle by the sea.
Plymouth is accessible via the Torpoint Ferry, providing a wider range of shopping, leisure and transport links. Tenure: Leasehold
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
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FAQ
About 3 Morweth Court, Trerieve, Torpoint
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