4-bedroom bungalow · PL31 1QH
Sold STCListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A versatile residential offering comprising a substantial detached bungalow and an adjoining, largely self-contained two-bedroom annex, together forming a unique dual-living opportunity within a sought-after residential area of Bodmin.
Importantly, permission has been granted to formally separate the two homes, allowing them to be sold individually.
This provides purchasers with considerable flexibility, whether seeking a multi-generational home, an investment opportunity or the potential to retain one property while selling the other.
The property has been thoughtfully arranged to function as two clearly defined homes, each with its own identity, entrance and living spaces, while retaining the option of an internal connection should a purchaser wish to use the accommodation as one larger family residence.
Ideal for multi-generational living, independent relatives, home-and-income potential or home-and-workspace arrangements, this is a rare and highly adaptable proposition.
The Original Detached Bungalow The original bungalow forms a comfortable and well-proportioned home in its own right, benefiting from its own driveway parking, garage with three-phase electricity available, private front entrance and established living accommodation.
At the heart of the bungalow is a generous sitting room featuring a broad bay window, which draws in plenty of natural light and creates a welcoming focal point.
This is complemented by a separate dining room, also enjoying a bay-style window and providing a clearly defined space for formal dining or family gatherings.
The kitchen is positioned to the rear of the bungalow and connects to a conservatory, which opens onto the patio and garden beyond-an ideal spot for quieter moments or informal entertaining.
Importantly, the bungalow includes a ground-floor double bedroom served by a nearby bathroom, making this part of the property particularly well suited to those seeking single-level living or flexible accommodation for guests and family members.
On the first floor, the bungalow provides a further double bedroom with en-suite facilities and extensive eaves storage, reinforcing the sense that this section of the property operates comfortably as a standalone residence.
An internal door links the bungalow to the adjoining annex. Discreetly positioned and easily closed, it allows both homes to function independently on a day-to-day basis.
The Two-Bedroom Contemporary Annex The adjoining annex is clearly defined as a self-contained two-bedroom home, designed with independence firmly in mind and benefiting from its own entrance and a distinctly modern, open-plan layout.
The ground floor is centred around a large open-plan kitchen, dining and living space-a bright and sociable area well suited to modern living.
The kitchen is arranged around a central island and offers ample storage and worktop space, while the living and dining areas provide clearly defined zones for relaxation and entertaining.
On the first floor, the annex offers two well-proportioned double bedrooms served by a spacious and stylish family bathroom, complete with both a bath and separate shower.
Velux windows introduce excellent natural light, enhancing the sense of space and privacy.
The annex functions exceptionally well as an independent dwelling, making it ideal for an adult family member, long-term guests, home-and-income use or as a separate property in its own right.
With permission already granted to separate the two homes and sell them individually, this distinctive property presents an especially flexible opportunity for owner-occupiers, extended families and investors alike.
What3words: ///noble.rubble.locate
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
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FAQ
About 21&21A, Westheath Avenue, Cornwall
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