2-bedroom bungalow · PL26 6SX
To rentListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Zero Deposit Guarantee Available iller lettings proudly present this two bedroom bungalow located in the coastal town of Mevagissey.
Mevagissey is a historic fishing village situated on the south coast of Cornwall. Within the village lies a range of shops and public houses, and a village post office.
The larger town of St Austell is located approximately six miles distant, and boasts a wider range of facilities including primary and secondary schools, high street and major supermarkets.
The bungalow briefly comprises of a fitted kitchen with integrated cooker, hob, and washing machine.
Off from the kitchen into the hall is the conservatory and spacious lounge which faces the front of the bungalow and enjoys views across the church and the village.
There are two double bedrooms to the rear of the bungalow, one of which featuring a built in wardrobe.
The bathroom comprises of a four piece suite featuring both a bath and corner shower cubicle with electric shower.
The gardens surround the bungalow and include a patio, lawned area, and vegetable patch. The property also benefits from two sheds and parking.
Council tax band - D Epc - E Available December Pets by negotiation Council Tax Band: Holding Deposit: £242.00 Detached two bedroom bungalow Parking Coastal village location of Mevagissey Conservatory Available December
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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