3-bedroom bungalow · PL28 8TG
For saleListed 77 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No.127 Lily Way is a contemporary, spacious detached bungalow which offers accommodation that is very much ready to move into.
Featuring a generous sitting room with feature wood burner, there is a superbly equipped modern kitchen/dining room with a range of built in appliances.
French doors lead out from the kitchen to an enclosed private patio and garden ideal for outdoor dining and entertaining.
Offering three bedrooms together with a modern family bathroom and separate shower, the property should be considered for an early viewing appointment.
AGENTS NOTE:- The property benefits from full 12 months holiday use however cannot be used as ones main address.
St Merryn's village motto is 7 Bays for 7 Days bearing testament to the excellent beaches located within a 1-3 mile radius and include Harlyn Bay, Trevone Bay, Mother Ivey's, Constantine Bay, Booby's Bay, Treyarnon and Porthcothan Bay.
St Merryn offers an excellent range of amenities including Convenience Store, Bakers/Delicatessen, range of restaurants, garage, veterinary surgery, excellent Primary School and two public houses including Rick Stein's gastro pub The Cornish Arms.
Sailing and Watersports: The Camel Estuary is a well-established centre for watersports, including sailing and waterskiing.
Boat charters are available from Padstow and craft can be moored in Padstow or launched from the Padstow Harbour Commissioners' Slipway.
Leisure and Golf: A number of North Cornwall's finest sandy beaches are within a 2 - 4 mile radius, including Constantine Bay and Harlyn Bay.
The Trevose Golf and Country Club is located within approximately 2 miles.
The course was bestowed the honour of hosting "The Brabazon" England Amateur Strokeplay Championship, bearing testament to the course's excellent credentials.
Travel by Train: Bodmin Parkway station, approximately 26 miles distant, offers regular links direct to London Paddington.
Travel by Air: Newquay Airport is located within 8 miles, and offers a number of national and international flights.
THE ACCOMMODATION WITH ALL MEASUREMENTS BEING APPROXIMATE:- DOUBLE GLAZED FRONT IN UPVC FRAME OPENING INTO: ENTRANCE HALL Double glazed sliding patio doors in UPVC frames to: LOUNGE - 5.7m x 3.9m (18'8" x 12'9") Double glazed sliding patio doors in UPVC frames to front and arch through to kitchen/dining room.
Feature wood burning stove set on slate hearth with timber over mantle, electric radiator, TV point.
KITCHEN/DINING ROOM - 4.6m x 3.3m (15'1" x 10'9") Light dual aspect with double glazed windows in UPVC frames to rear and side together with French doors opening into garden, range of base cupboards with work tops over, integral appliances include: electric oven and grill, four ring hob and extractor, dishwasher and washing machine.
One and a half bowl stainless steel sink unit and mixer tap, space and power for fridge, electric radiator. Door from LOUNGE opens into: INNER HALL With doors to bedrooms.
BEDROOM ONE - 3.3m x 3m (10'9" x 9'10") Double glazed window in UPVC frame to rear, electric radiator.
BEDROOM TWO - 3.5m x 3m (11'5" x 9'10") Double glazed window in UPVC frame to front, electric radiator.
BEDROOM THREE - 2.8m x 2.1m (9'2" x 6'10") Double glazed window in UPVC frame to rear, electric radiator.
BATHROOM Panel bath and separate shower together with low flush WC and wash hand basin with vanity drawer unit under, heated towel, opaque patterned double glazed window in UPVC frame to front.
OUTSIDE GARDEN The property stands in a corner plot with a lawned front garden and gated access at one side, the main garden to the rear comprising a large level patio extending to level lawns with timber fence boundaries.
PARKING Residents parking at the front. TENURE Freehold COUNCIL TAX BAND TBC SERVICE CHARGE £1002.23 plus VAT
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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