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See how verdicts work2-bedroom bungalow · EX23 9QY
For saleListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold 8 The Glade is a well-maintained and recently renovated terraced leasehold holiday lodge comprising a bright and spacious reception room, kitchen, one double bedroom and one twin bedroom, and fully aqua panelled bathroom with electric shower.
A perfect holiday home or investment opportunity sold fully furnished and ready to let for next prospective owner.
The site Penstowe Park Holiday Village is set in approaching 30 acres of parkland with the dramatic north Cornish Coastline nearby and miles of rolling countryside to be enjoyed.
Situated just 21⁄2 miles from Sandymouth Bay and a short walk from the popular village of Kilkhampton with the many amenities on offer and its fantastic transport links.
Penstowe Park is ideally located for exploring the many delights of both Cornwall and Devon.
Location Penstowe Park Holiday Village is situated on the fringe of the self-contained village of Kilkhampton, which offers a comprehensive range of everyday amenities including convenience stores, takeaways, two popular public houses and places of worship.
The A39 ‘Atlantic Highway’ runs through the village, providing convenient road access west into Cornwall, and north into the larger towns of Bideford and Barnstaple in Devon, proceeding to the M5 via the North Devon link road.
The coastal resort of Bude is located approximately four miles to the south and offers a wide range of dining and shopping facilities as well as a range of leisure pursuits including the indoor leisure centre, tennis courts, golf course, Victorian sea pool and stunning sandy beaches.
Living/Dining Room (5.91m x 3.46m) The chalet opens into a bright and spacious living/dining room - open plan to the kitchen - boasting a large uPVC double glazed window to the front aspect.
Ceiling light, TV point, smoke detector, electric panel radiator, laminate flooring. Principal doors to the bedrooms, bathroom, and a storage cupboard.
Double sofa-bed allowing the property to sleep up to 6 persons. Kitchen A range of matching floor and wall units with work surface over, stainless steel sink and draining board.
Freestanding oven and electric hob, undercounter fridge/freezer and microwave. UPVC double glazed window to rear aspect, extractor fan, ceiling light, laminate flooring.
Bedroom One (2.79m x 2.52m) Double bedroom with uPVC double glazed window to front aspect. Ceiling light, smoke detector, electric panel radiator, laminate flooring.
Bedroom Two (2.98m x 1.79m) Currently arranged as a twin with uPVC double glazed window to rear aspect. Ceiling light, smoke detector, electric panel radiator, laminate flooring.
Bathroom (2.24m x 1.69m) Three-piece suite with walk-in shower enclosure with electric ‘Mira’ shower, pedestal hand-wash basin and WC.
Two obscure double glazed uPVC windows to rear aspect, LED recessed lighting, extractor fan, electric towel rail with integrated fan heater, aqua board panelling throughout, laminate flooring.
Outside The property boasts a gravelled seating area to the front of the property, well-suited for alfresco dining. Parking Ample communal car parking is available throughout the park.
Services Electricity via card meter situated within the lodge. Mains metered water. Agent's Note The property is subject to an 8-month holiday restriction.
The Lease prohibits the property from being let between 1st November and 28th February. The property is to be sold fully furnished excluding personal effects.
Directions From Bude town centre proceed out of the town towards Stratton and upon reaching the A39 turn left sign posted Bideford.
Continue along this road for approximately 41⁄2 miles and just before entering the village of Kilkhampton, the entrance to Penstowe Park will be found on the left-hand side.
Proceed into the grounds of Penstowe Park and continue along the main drive and communal car parking for ‘The Glade’ can be found on the left-hand side.
Proceed to 8 The Glade on foot via the paved pathway.
Service Charges Ground Rent - £2046.84 Service Charge – £413.22 (Please check with your legal advisor for accurate up to date figures) Disclaimer Kivells, their clients and any joint agents give notice that they are not authorised to make or give representations or warranties in relation to the property.
No responsibility is accepted for any statement within these particulars, which do not form part of any offer or contract. Areas, measurements and boundaries are approximate.
Text, photographs, CGI’s and plans are for guidance only. It should not be assumed the property has all necessary planning or building consents, and Kivells have not tested any services or equipment.
The property is sold subject to all matters in the Property and Charges Register, including rights of way and easements. Purchasers are deemed to know all boundaries.
Nothing herein constitutes financial advice; seek your own. Use of Mortgage Genies sw Ltd. Will result in a £250 + VAT referral fee to Kivells. Kivells retains copyright to all particulars and media.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
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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.
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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.
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FAQ
About 8, The Glade, Bude, EX23
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