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See how verdicts work4-bedroom bungalow · TR4 8JQ
Listing removedListed 49 days
Opportunity summary
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About
A superb equestrian property comprising a bungalow with a self-contained annexe, set within approximately 6 acres and benefiting from a range of stables, outbuildings and paddocks.
No onward chain, 3 bedroom bungalow, 1 bedroom ancillary accommodation, two pasture paddocks, popular rural yet accessible location, ample parking. Freehold. Council Tax Band: B and B. EPC Band: E.
Situation Occupying a rural yet accessible position, the property enjoys excellent connectivity, with the A30 at Chiverton Cross located less than a mile away.
The thriving village of Blackwater is just over a mile distant and offers a range of everyday amenities including a public house and community facilities.
Blackwater is conveniently situated approximately 7 miles west of Truro and around 3 miles from the popular coastal village of St Agnes and the stunning North Cornish coastline.
The cathedral city of Truro provides a comprehensive range of amenities, including an excellent selection of shops, schools, restaurants and leisure facilities, together with a mainline railway station offering connections to London Paddington.
Description This versatile property, ripe for modernisation, was originally constructed as a single detached bungalow and has, over time, been adapted to create two semi-detached bungalows by closing off an internal connecting doorway.
The larger of the two provides well-proportioned accommodation comprising a kitchen, spacious sitting/dining room enjoying attractive views across the surrounding land, three bedrooms and a family bathroom.
The adjoining self-contained ancillary accommodation offers excellent flexibility and includes a kitchen, sitting room, garden room, double bedroom and shower room, making it well suited to multi-generational living, dependent relatives, guest accommodation or potential rental use (subject to any necessary consents).
An internal hallway, now utilised as a useful storage area, originally formed the link between the two properties.
Subject to any necessary consents, the blocked doorway could be reopened, allowing the accommodation to be reinstated as a single detached dwelling should a purchaser so wish.
Outside The property is exceptionally well suited to those seeking a home with excellent equestrian facilities.
A comprehensive range of outbuildings, that would benefit from refurbishment, include a number of stables, a tack room, feed store, general storage and a substantial multi-purpose barn, offering excellent versatility.
The main bungalow and annexe each benefit from their own private lawned garden areas, providing clearly defined outdoor spaces.
The land extends to the south and west of the property and comprises two gently sloping pasture paddocks, which the bungalow enjoys a view over.
In all, the property extends to approximately 6.00 acres. Services Mains electricity and water. Private drainage via a septic tank. Oil fired central heating. Lpg for cooking.
Internet: Standard available (Ofcom). Phone signal: Outdoor and indoor available (Ofcom). Please note the agents has not inspected or tested these services.
Viewings Strictly by prior appointment with the vendor's appointed agents, Stags. Directions What3words.com: ///hidden.loving.polar
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 The Bungalow, Silverwell, Blackwater
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