3-bedroom bungalow · PL22 0HF
Listing removedListed 39 days
Opportunity summary
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About
An individual style three bedroom detached bungalow in need of updating and refurbishment, set within a popular cul-de-sac development on the eastern fringes of the town.
Accommodation Comprises:- Hallway, cloakroom, lounge, kitchen/diner, rear lobby, W.C, utility room, three double bedrooms, shower room, integral garage, double glazing, driveway parking, south facing rear garden and storage bunker.
Situation The property lies within an established development of just 18 detached properties on the eastern side of the town.
Lostwithiel boasts a vibrant community and a good range of amenities, includinga variety of shops, cafes, restaurants, public houses, professional services, dentist and health centre.
There is a main line train station on the Penzance to London line and a choice of two Primary schools. Secondary schools are available at nearby Fowey (7 miles) and Bodmin (5 miles) respectively.
A purpose built community centre offers recreational and sporting facilities next to the 'King George V' playing field.
Accommodation (All Sizes Approximate):- Entrance Front entrance door opening into:- Hallway Master telephone socket. Built-in cupboards. Access to loft space (Boarded and loft ladder fitted).
Cloakroom (5' 0'' x 4' 5'' (1.53m x 1.34m)) White low level W.C. Wash hand basin with tiled splashback. Shaver light and socket. Obscure double glazed window to side elevation.
Lounge (18' 2'' x 12' 2'' (5.53m x 3.70m) (Maximum)) Large brick fireplace with fitted multi-fuel stove and a slate hearth. TV aerial and telephone points. Two double glazed windows to side elevation.
Double glazed sliding patio door opening to the rear garden with countryside views.
Kitchen/Diner (15' 1'' x 11' 5'' (4.60m x 3.47m)) The kitchen is fitted with a matching range of wall, base, and drawer units with worktops.
Inset one and a half bowl stainless steel sink and drainer with mixer tap. Space for a free-standing cooker. Space for fridge/freezer. Built-in shelved cupboard. Part tiled walls. Extractor fan.
Telephone point. Double glazed window to rear elevation. Door to:- Rear Lobby Stable door to rear garden. Door to utility room. Door to:- W.C (3' 5'' x 3' 2'' (1.03m x 0.97m)) Low level W.C.
Utility Room (9' 0'' x 5' 1'' (2.75m x 1.56m)) Wall units. Fitted worktop. Stainless steel sink and double drainer. Space and plumbing for washing machine. Double glazed window to rear elevation.
Door to integral garage. Bedroom One (13' 0'' x 9' 0'' (3.96m x 2.75m)) Double glazed window to front elevation. Built-in wardrobes and cupboard. Shaver light and socket. Telephone point.
Bedroom Two (11' 1'' x 9' 2'' (3.38m x 2.79m)) Double glazed window to front elevation. Built-in wardrobe and cupboard. Shaver light and socket. TV aerial point.
Bedroom Three (11' 1'' x 8' 9'' (3.38m x 2.67m)) Double glazed window to front elevation. Built-in wardrobe and cupboard. Shaver light and socket. TV aerial point.
Shower Room (6' 2'' x 5' 5'' (1.87m x 1.65m) (Maximum)) Single shower cubicle with Triton electric shower unit and tiled surround. Vanity wash hand basin with tiled splashback.
Shaver light and socket. Double glazed window to rear elevation. Integral Garage (18' 9'' x 9' 6'' (5.71m x 2.90m)) Up and over door to front. Two double glazed windows to side. Inspection pit.
Electricity fuse boards. Light and power connected. Outside To the front of the property is a driveway with parking for one car and a raised front garden of bushes and shrubs.
Pathways to either side of the property lead to a south facing rear garden with a wide concrete pathway, level lawn and steps leading down to a large storage bunker. Council Tax Cornwall Council.
Tax Band 'D'. Directions Coming into Lostwithiel on the A390 from the west, go through the traffic lights and stay on the main road for approximately quarter of a mile.
Turn right into Cott Road (signposted for Lerryn) and take the next left into Reeds Park. No.17 is located shortly after on the right-hand side.
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.
Area
Agent & docs
FAQ
About 17, Reeds Park, Lostwithiel
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