5-bedroom bungalow · EX23 0LY
For saleReduced £47.5k (−6.8%) on 20 MayListed 254 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
OPEN TO OFFERS - A detached dormer bungalow with separate 2 bedroom cottage in a fantastic coastal location.
Stunning Coastal Position, Sea Views, Versatile Coastal Opportunity, 2 Detached Bungalows, Level Gardens, Large Driveway, Generous Plot (0.5ac in all), Adjoining Garage.
Freehold, Council Tax Bands: D & A, EPC Bands: E & E.
Situation - The property is situated in a most enviable position along the fringes of the North Cornish Coastline, just minutes from the golden sands of Widemouth Bay and the vibrant coastal town of Bude.
With direct access to the South West coast path and enjoying far reaching coastal outlooks.
Description - An extremely versatile and rare opportunity to purchase a pair of detached coastal bungalows within a generous plot extending to approximately 0.5 acres in total with modern conveniences such as mains gas central heating and double glazing.
A perfect opportunity for those seeking a permanent residence, a coastal retreat or an investment opportunity.
Accommodation - Rock Haven is a spacious dormer bungalow comprising a fully fitted kitchen with adjoining dining space, two reception rooms, three bedrooms (including one en-suite), and a separate family bathroom.
Extended with a conservatory and orangery, the property is complete with a large dormer room offering stunning coastal outlooks.
Rock Hopper is a well-presented single-storey bungalow complete with a fitted kitchen and range of integrated appliances.
There is a sitting/dining room, separate sunroom and two double bedrooms all serviced by the family shower room.
Outside - The property is accessed via a private driveway with parking for 4–5 cars and a garage with power and light connected.
With well-defined gardens, direct access to the SW Coast Path and a large level lawn with uninterrupted coastal views.
Services And Additional Information - Mains electricity, water, drainage and gas central heating.
Broadband availability: Superfast and Standard ADSL, Mobile signal coverage: voice and data available (Ofcom).
The garden is on a separate Title to the 2 bungalows and understood to have the remainder of an overage clause, which only affects the garden. Please contact the office for further information.
Please note the agents have not inspected or tested these services. The property is sold subject to all local authority charges.
Viewings - Strictly by prior appointment with the vendors' appointed agents, Stags. Directions - what3words.com: ///mailbox.vast.scrambles
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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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