2-bedroom bungalow · TR12 7AZ
For saleListed 386 days
Opportunity summary
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About
Kittiwake Cottage is a stunning single storey terraced property, perfect for those looking for a peaceful and comfortable holiday retreat in beautiful rural surroundings on the Lizard Peninsular.
The open plan layout provides a seamless flow between the living and kitchen areas, creating a spacious and inviting atmosphere.
The living area provides a great space to relax and unwind and the kitchen is modern and functional, making it easy to prepare meals and entertain guests.
Both bedrooms are well proportioned and exude comfort and style. The second bedroom also doubles as a study/recreational space, and features built-in storage.
The good-sized shower-room is light and easy to maintain.
One of the highlights of Kittiwake Cottage is its expansive double-decking area at the front of the property, where guests can enjoy the rural outdoors, soak up the sunshine and dine out.
The property will be sold fully furnished and is ready and waiting for someone to relax, unwind and enjoy the surrounding countryside, and/or to holiday-let privately, commercially or through the Holiday Park.
Guide Price £120,000 - Location - Kittiwake Cottage is located in the rear private gated area of Franchis Holiday Park, which is centrally placed on Cornwall's beautiful Lizard Peninsula.
The village of Mullion with its pubs, shops and historic harbour is only a short drive away, as well as the sandy beaches of Poldhu, Polurrian, Kynance Cove, and Gunwalloe Church Cove with nearby Mullion Golf Club; all connected by the South West Coast Path.
Kittiwake Cottage, set adjacent to an open grassed area bounded by mature woodland and stream, makes a beautiful holiday home to retreat to, and is perfectly placed for exploring the wonderful scenery of West Cornwall and all that the South Cornish coast has to offer.
Accommodation - Open plan Living Room/Kitchen Bedroom One Bedroom Two/Study Shower Room Decking Area Services - Mains electricity, LPG gas, private water and drainage.
Council Tax Band- A - Agents Note 1 - Our client has informed us that there is an 11 month occupancy restriction on the property and is thereby exempt from second home council tax surcharge.
Our client also informs us that Kittiwake Cottage can be occupied for any 11 months of the year for periods of any length as the Holiday Park has a full 12 month licence.
The Lease states it must not be the owners main residence, and non-residential. Commercial Holiday Letting is allowed, privately, via an agency, or through Franchis Holiday Park.
Agents Note 2 - This property is Leasehold and has a 999 year Lease which started in 2009. There is an annual ground rent/service charge of £2,072 (£1,727 + VAT).
There are additional charges of £100 per annum for Building Insurance and £150 per annum for water/sewerage.
What3words - ///bowls.fries.snug Anti Money Laundering Regulations – Purchasers - It is a legal requirement that we receive verified ID from all buyers before a sale can be instructed.
We will inform you of the process once your offer has been accepted. Proof Of Finances - Before agreeing a sale, we will require proof of your financial ability to purchase.
We will inform you of what we require prior to agreeing a sale.
Broadband & Mobile Phone Coverage - To check the broadband coverage for this property please visit check mobile phone coverage please visit
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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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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