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See how verdicts work3-bedroom bungalow · EX23 9JZ
For saleReduced £15.1k (−2.4%) on 2 SepListed 169 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Penniwood is a modern split-level detached home located in the hamlet of Bush conveniently close to the popular coastal town of Bude and Stratton, as well as an array of stunning beaches and scenic coastal walks.
The property offers spacious, well-designed accommodation throughout.
A welcoming reception hall leads into a bright and generously proportioned sitting room, with doors leading out onto a balcony perfect for relaxing or entertaining, large conservatory offering views over the landscaped gardens, spacious kitchen/dining room with doors out onto the balcony and a separate utility room.
There are three comfortable bedrooms, including a principal bedroom with its own en-suite, along with a large family bathroom.
On the lower ground level, the home continues to impress with an integral garage and two highly versatile additional rooms.
Property description Penniwood is a modern split-level detached home located in the hamlet of Bush conveniently close to the popular coastal town of Bude and Stratton, as well as an array of stunning beaches and scenic coastal walks.
The property offers spacious, well-designed accommodation throughout.
A welcoming reception hall leads into a bright and generously proportioned sitting room, with doors leading out onto a balcony perfect for relaxing or entertaining, large conservatory offering views over the landscaped gardens, spacious kitchen/dining room with doors out onto the balcony and a separate utility room.
There are three comfortable bedrooms, including a principal bedroom with its own en-suite, along with a large family bathroom.
On the lower ground level, the home continues to impress with an integral garage and two highly versatile additional rooms.
These flexible spaces are ideal for a variety of uses, whether as a home office, creative studio, hobby area, or even potential guest accommodation.
Outside there is extensive off road parking and generous landscaped gardens. Available with no onward chain.
Reception hall 15' 9" x 10' 5" (4.8m x 3.18m) A generous reception hall with coved ceiling, loft hatch access, contemporary tower radiator and engineered Merbau wood flooring Wooden doors serve the following rooms:- WC 5' 5" x 4' 8" (1.65m x 1.42m) UPVC obscure double glazed window to the rear elevation, coved ceiling, inset lighting pedestal wash hand basin, low flush WC, linen cupboard and engineered Merbau wood flooring.
Living room 23' 1" x 15' 7" (7.04m x 4.75m) A bright and spacious triple aspect room with UPVC double glazed windows to the front and side elevations and UPVC double glazed sliding doors to the side leading out onto the balcony seating area.
Stone fireplace with granite hearth and an inset gas fire, two radiators and engineered Merbau wood flooring.
Balcony 15' 4" x 13' 4" (4.67m x 4.06m) Metal railings and paved seating area offing views over the landscaped gardens and treetops.
Conservatory 22' 9" x 13'00 max' 8'6 min" (6.93m x 4.17m) A generous conservatory with UPVC double glazed windows, double glazed roof and matching twin French doors overlooking and leading out to the beautiful landscaped gardens.
Two radiators and engineered wood flooring.
Kitchen/dining room 18' 7" x 14'2 max' 13'1 min" (5.66m x 4.6m) A bright and spacious triple aspect room with UPVC double glazed windows to the side and rear elevations overlooking the landscaped gardens and UPVC double glazed sliding door leading out the balcony seating area.
Coved ceiling, inset lighting, attractive tiled flooring and two radiators.
The kitchen is finished with a range of matching wall and base units with granite worksurface with matching upstand, inset composite sink and drainer with mixer tap, matching central island with solid wood worksurface and seating for two.
Inset induction hob, integrated electric double oven and integrated dishwasher.
Utility room 8' 8" x 6' 9" (2.64m x 2.06m) UPVC double glazed window and door to the rear elevation overlooking and leading out to the landscaped gardens.
Coved ceiling, inset lighting, radiator and attractive tiled flooring.
Finished with a range of matching wall and base units with fitted worksurface, inset stainless steel sink and drainer with mixer tap and space and plumbing for washing machine.
Hall High level UPVC double glazed window to the side elevation, coved ceiling and radiator.
Wooden doors serve the following rooms:- bedroom one 15' 7" x 11' 7" (4.75m x 3.53m) A spacious principal double bedroom with a UPVC double glazed window to the front elevation overlooking the landscaped gardens.
Built in double wardrobe and radiator.
Ensuite 11' 11" x 5' 8" (3.63m x 1.73m) UPVC obscure double glazed window to the side elevation, coved ceiling, inset lighting, shower enclosure with mains fed shower, wall hung vanity unit with twin sinks, toilet bowl with concealed cistern, wall mounted heated towel, tiled walls and tiled flooring.
Bedroom two 15' 7" x 11' 7" (4.75m x 3.53m) A spacious double bedroom with UPVC double glazed window to the side elevation and further high level matching window.
Coved ceiling, fitted wardrobes and two radiators. Bedroom three 12' 1" x 9' 1" (3.68m x 2.77m) A double bedroom with a UPVC double glazed window to the side elevation. Radiator.
Family bathroom 11' 11" x 7' 4" (3.63m x 2.24m) UPVC obscure double glazed window to the side elevation, coved ceiling, inset lighting, double ended bath with central tap with telephone shower attachment, shower enclosure with mains fed shower, wall hung vanity unit, low flush WC, wall mounted heated towel rail, tiled walls and tiled flooring.
Garage 15' 5" x 12' 7" (4.7m x 3.84m) Electrically operated up and over door with light and power connected.
Games room 18' 4" x 14'3 max' 12'4 min" (5.59m x 4.57m) UPVC double glazed window and door to the side elevation. Grant floor standing oil fired boiler, wood effect flooring and radiator.
Door to:- store/office space 18' 10" x 8' 4" (5.74m x 2.54m) Radiator.
Outside and gardens To the front of the property there is extensive brick paved driveway with steps and path leading to the front door, area of lawn with established trees and shrubs.
Gate and steps lead up to the rear garden with a large paved patio seating area which can be accessed from the conservatory, wooden pergola with Wisteria.
The main lawn is gently sloping with feature pond, beautiful mature trees, shrubs. There is also a further patio seating area with summerhouse and greenhouse and various outdoor electrical sockets.
Council tax Band E services Mains electric, water, private drainage via septic tank. Oil fired central heating.
Tenure Freehold agents note Planning consent granted for two extensions, further details can be found on the Cornwall Council planning portal under planning reference PA25/07034 - Side extension to accommodate garage, office, and sunroom without compliance with condition 2 of Decision notice PA25/03958 dated 24.07.2025.
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.
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FAQ
About Penniwood, Colebrook Farm, Bude
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