2-bedroom bungalow · TR18 5QN
Sold STCListed 119 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, this spacious link-detached bungalow occupies a sought-after position and enjoys far-reaching sea views, a generous garden, and exciting potential for improvement and enhancement.
The accommodation begins with an entrance hall leading to a comfortable living room and a well-proportioned kitchen/dining room, which opens into a conservatory overlooking the rear garden.
The ground floor also offers two double bedrooms, a useful office/study, and a shower room.
A standout feature of the property is the large first-floor room, flooded with natural light from skylights and enjoying impressive views towards St Michael's Mount and the coastline.
This versatile space could serve a variety of purposes, subject to individual requirements.
Externally, the property benefits from a driveway providing off-road parking, a garage, and a beautifully established rear garden enjoying elevated sea views.
A traditional granite outbuilding offers tremendous potential for conversion, a workshop, studio, or additional storage, subject to any necessary consents.
While the property would benefit from a programme of modernisation over time, it presents a fantastic opportunity for purchasers to create a wonderful coastal home in a highly desirable location.
Newlyn has really grown in popularity over the last few years. This working Harbour village has so much to offer with events going on all year round.
A variety of gallery’s, cafes, restaurants, pubs and private cinema as well as doctors, chemist and primary school.
1/2 Upvc glazed door into: Porch 0.94m x 1.55m 2 Large Upvc double-glazed windows to front and side. Wall with planted cactus plants.
Door to: Door into: Entrance Hall 3.66m x 1.2m Night storage heater. Door to: Living Room 4.3m x 3.38m Night storage heater. Power points.
Electric fire with hearth and mantle. Large Upvc double-glazed window to front Kitchen/Diner 5.77m x 3.05m Fitted kitchen with base and eye level units, sink and drainer.
Space for freestanding electric cooker. Space for freestanding fridge/freezer. Power points. Night storage heater. Door to cupboard housing water tank and shelving. Vinyl flooring.
Door to 2 storage cupboards. Lean To 0.91m x 3.96m 2 Upvc double-glazed windows to side, Upvc double-glazed 1/2 glazed door to rear. Upvc double-glazed frosted glazed door to front.
Conservatory 2.46m x 3.68m Upvc double-glazed French doors onto rear decked area. Room for bench. Tiled floor. Power points. 6 Upvc double-glazed windows to front and side with sea view.
Steps leading down to: Bathroom 2.08m x 1.78m Heated towel rail. Fully tiled. Mirror. Extractor. W/C, Wash hand basin with vanity unit under.
Double-glazed Upvc frosted window to rear, corner shower cubicle with electric shower. Mirrored unit. Hallway Power points, door to storage cupboard.
Bedroom 2 3.05m x 3m Fitted wardrobes. Night storage heater. Power points. Upvc double-glazed window to rear with sea glimpse. Bedroom 1 3.66m x 2.46m Double-glazed Upvc window to front.
Night storage heater. Power points. Door to: W/C 1.52m x 0.64m Heated towel rail, w/c, wash hand basin with vanity unit under. Mirror. Part-tiled. Small double-glazed frosted window to rear.
Office/Study 3m x 2.46m Night storage heater. Phone point. Upvc double-glazed window to front.
Stairs rising to: First Floor Bedroom 3 8.26m x 2.74m 3 Velux windows to rear with sea views of Penzance, Jubilee Pool, and beyond. Night storage heater. 3 Built-in bookcases.
Restricted height in places. Door to: Loft Storage 2.74m x 3.96m Storage into eaves. Light. Outside to Front Paving. Well established shrubs and plants.
Path providing side access. Hedge marking the boundary. Driveway parking. Outside to Rear Lawned area with well established shrubs and plants. Fence marking the boundary. Tap.
Path leading down to: Outhouse Underhouse Storage Area Power points. Garage (Shared Driveway) Up and over door. Council Tax: Band C.
Services: Electricity, mains water and drainage.
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 Lower Gurnick Road, Newlyn, TR18
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