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See how verdicts work2-bedroom bungalow · TR20 8ER
Listing removedReduced £30k (−12.5%) on 24 JulListed 166 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented and much improved end of terrace two bedroom bungalow, situated on the outskirts of the popular village of Ludgvan with amenities such as public houses, church, primary school and links onto to the A30.
The bungalow has been refurbished totally throughout and the accommodation now comprises of two double bedrooms, shower room, kitchen/dining room and lounge.
There is off street parking for two vehicles to the front of the property and a fully enclosed, low maintenance garden to the rear.
The bungalow is double glazed and has independent electric heaters and is offered for sale with no onward chain. A viewing is highly recommended.
Property additional info UPVC double glazed door into: Porch: Double glazed window to front, tiled floor, electric consumer box, half glazed door into: Kitchen/dining room: 24' 4" x 12' 2" (7.42m x 3.71m) Double glazed window to front, inset spotlights, electric radiator, base and wall units with worksurfaces and tiling over, single drainer stainless steel sink unit, integral cooker, hob, extraction fan, dishwasher, washing machine (to remain), space for fridge/freezer.
Kitchen opens into: Lounge: Inset spotlights, double glazed patio doors onto rear garden, inset living flame fire with recess for television (to remain) over.
Hallway off the kitchen with doors to: Bedroom one: 10' 11" x 7' 11" (3.33m x 2.41m) Double glazed window to rear, electric radiator.
Bedroom two: 9' 7" x 8' 4" (2.92m x 2.54m) Double glazed window to front, electric radiator.
Shower room: Double glazed window to side, fully tiled walls and floor, WC, vanity wash hand basin, electric shower cubicle, heated towel rail, inset spotlights, extractor fan, cupboard housing electric water heater.
Outside: The property is approached over a gravelled parking to the front for two vehicles, gated access to the side of the bungalow with outside tap leads to the fully enclosed rear garden, laid to granite chippings and patio with wooden shed.
Services: Mains water, electricity and drainage.
Directions: Via "What3Words" app: ///gazette.lends.acquaint agents notes: We understand from Openreach website that Fibre to the Cabinet Broadband (fttc) is available to the property.
We tested the mobile phone signal for O2 which was good. The property is built of block under a tiled roof. Mobile signal/coverage: Good. Construction materials used: Brick and block.
Water source: Direct mains water. Electricity source: National Grid. Sewerage arrangements: Standard UK domestic. Heating Supply: Central heating (electric).
Broadband internet type: Fttc (fibre to the cabinet). Parking Availability: Yes.
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
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FAQ
About 3 Churchfield Close, Ludgvan, Penzance
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