3-bedroom bungalow · PL30 4JX
For saleReduced £16.8k (−5.9%) on 1 JulListed 294 days
Opportunity summary
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About
Over 60s can secure this property with a Home For Life from Homewise Through the Home for Life Plan from Homewise, those aged 60 or over can purchase a Lifetime Lease and a share of the property value to safeguard for the future.
The cost to purchase the Lifetime Lease is always less than the full market value. Over-60s customers typically save between from 20% To 50%*.
Home for Life Plan guide price for Over-60s The Lifetime Lease price for this property is £284,750 based on an average saving of 33%.
Market Value Price: £425,000 The price you pay will vary according to your age, personal circumstances and requirements and will be adjusted to include any percentage of the property you wish to safeguard.
The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future.
For an indication of what you could save, please use our calculator on the Homewise website.
Please call for more information or a personalised quote Please note: Homewise do not own this property and it is not exclusively for sale for the over-60s.
It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease.
If you are not over 60 or would like to purchase the property at the full market value of £425,000, please contact the estate agent Webbers.
Property description Tucked away in a peaceful setting on the edge of Waterloo, Riverside is a detached three bedroom home that enjoys a wonderfully private position with mature gardens and direct access to a lower garden area beside the river.
The property offers excellent versatility, with one of the bedrooms benefitting from its own external entrance and adjoining shower room, making it suitable as an independent guest suite, home office or small annex.
Step inside The kitchen is generously sized, with two windows framing views of the garden and allowing natural light to flow through the room.
A doorway leads to the sunroom, providing a pleasant connection to the garden.
The main living area incorporates the lounge and opens into the dining room, creating a calm and comfortable space with wooden floors, a deep set window and a traditional fireplace surround.
There are three bedrooms in total. Two are positioned on the main level, while the third is located on the lower ground floor with direct garden access.
This creates an entirely separate area that could suit multigenerational living, private working space or guest accommodation.
The property also includes two bathrooms, one with a walk in bath on the main level and a separate shower room adjacent to the lower bedroom.
Beneath the main living accommodation is a generous storage area, providing excellent space for workshop use, garden equipment or practical household storage.
Double glazing and oil fired central heating provide everyday practicality, and the layout offers scope for updating or reconfiguring to suit individual needs.
Step outside Riverside sits within a generous plot, with established shrubs, mature trees and a series of garden levels leading down towards the river.
The upper garden offers good space for seating, planting and outdoor enjoyment, while stone steps guide you to the lower garden area, a natural wooded space that gives the home its special riverside setting.
The driveway provides parking for several vehicles, with gated access and privacy created by hedging and bordering trees.
A rare opportunity to acquire a detached home with genuine scope in a private setting, with riverside gardens, excellent storage and flexible accommodation that can adapt to a variety of lifestyles.
The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose. Suitable as a retirement home.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 advisors before making any investment decisions.
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.
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About Riverside Waterloo, Blisland Bodmin Cornwall, Bodmin
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