3-bedroom bungalow · TR9 6DH
For saleListed 833 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully presented detached three double bedroom leasehold bungalow is a successful holiday let, achieving excellent rental income.
Peregrine Lodge has a spacious open plan lounge/kitchen/dining room, feature wood burner, bathroom and en suite shower/cloakroom, with air source underfloor heating and double glazing.
Outside there is a decking area wrapping around the property with sunken hot tub at the rear and level parking at the front.
Viewing is strongly recommended Situated within a small secure, gated community of similar leasehold bungalows surrounded by stunning walks and lakes, in a semi rural location between St Columb Major, Padstow, and Wadebridge.
Entrance Hall Doors to open plan living room/kitchen, three bedrooms and two storage cupboards.
Storage Cupboard (0.7m x 1.1m) Storage Cupboard Two (0.6m x 0.3m) Open Plan Living Room (5.8m x 3m) Double glazed patio door and window to front leading to decking. Log burner.
Open Plan Kitchen/Dining Room (3.1m x 5.2m) Beautifully presented and modern fitted kitchen comprising two base units, four wall cupboards and five drawers.
Built in fridge freezer, washing machine/dryer, dish washer, oven, microwave and four ring hob with extractor hood over. Two double glazed windows and patio doors to decking.
Bathroom (2.1m x 2m) Modern fitted suite comprising bath with shower fittings, wash hand basin and low level flush WC. Centrally heated ladder style towel rail. Obscured double glazed window.
Tiled walls and floor. Bedroom One (3.4m x 3.1m) Double glazed window to rear. Door to ensuite shower/cloakroom. Ensuite Shower/Cloakroom (1.9m x 2.1m) Modern fitted suite comprising shower cubicle.
Wash hand basin and low level flush WC. Centrally heated ladder style towel rail. Double glazed obscured window. Tiled walls and floors. Bedroom Two (3.2m x 3.4m) Double glazed window.
Bedroom Three (3.1m x 2.9m) Double glazed window to side.
Front & Rear Garden To the front of the property there is a raised decked area with boarders wrapping around to the rear where the sunken hot tub is located.
The rear decking is very private and leads you to the left side of the property which is mainly laid to lawn. There is gated level parking for two cars and store cupboard on deck by front door.
Store Cupboard On Deck By Front Door
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.
Area
Agent & docs
FAQ
About Peregrine Lodge, 10, Meadowside Farm, St. Columb
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