3-bedroom bungalow · EX23 8JG
Sold STCListed 49 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
12 Quarry Close occupies an elevated position within an established cul-de-sac in the popular Flexbury area of Bude.
Arranged across one level, the bungalow offers a practical and adaptable layout with generous living accommodation and manageable outside space.
The main living and dining room forms the main social area, with plenty of room for relaxing and dining.
From here, the conservatory extends the accommodation and provides a pleasant additional space for everyday use.
The kitchen is positioned separately from the main reception room, creating a practical working area with a rear door leading directly to the patio and garden.
A particularly useful change to the original layout is the conversion of the former integral garage, which has created a generous principal bedroom with ensuite facilities, together with a separate utility room.
There are three bedrooms in total. A further double bedroom provides comfortable guest accommodation, while the third room is currently used as a reading room and study.
With the addition of a door, this room could be returned to use as a bedroom, offering useful flexibility.
Although maintained in immaculate condition, the property also offers scope for further internal and external changes, subject to any relevant permissions and consents, allowing a buyer to personalise the home to suit individual requirements.
Outside, the front and rear gardens have been arranged for ease of maintenance while still providing space for sitting, planting and relaxation.
Two large sheds offer additional storage, while a private driveway provides off road parking.
From Bude proceed through Belle Vue and dissect the golf course and take the second right turn into West Fairholme Road. Then take the first left into Quarry Close.
Proceed along this road and follow round to the right where Number 12 will be found a short way along on the right-hand side. What3Words - ///hamster.reunion.establish
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 12, Quarry Close, Bude, Cornwall, EX23
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