2-bedroom house · TR10 9JT
Listing removedListed 204 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property Selling a home like this excites us, as we know how it can be transformed with energy and some expenditure, into something rather special.
28 Summerheath would be a wonderful project for a practical buyer, willing to uplift its tired interior and mend its leaking conservatory, and give it a new lease of life.
Summerheath is a well conceived 1990s built development, with number 28 enjoying a favoured head of the close position.
It’s a semi-detached bungalow with two bedrooms, beyond which is the conservatory, leading via French doors onto the terrace and garden.
A Worcester gas boiler fuels radiator central heating and hot water supply and windows are uPVC double glazed. To the side is a driveway to tuck in two cars.
Leading through a gate to the enclosed, established and overgrown rear garden with a large, paved terrace and relative privacy.
The property is being sold with no onward chain and a competitive guide asking price. We look forward to selling this one and keeping an eye on its new chapter in life!
The location Summerheath is a popular development built by Messrs Wimpey Homes, set on the edge of Mabe village and within a minute or two walk of the primary school.
Mabe is a popular village with useful everyday facilities, including a Premier shop & Post Office.
The village is conveniently located one mile from University Of Exeter (Penryn Campus), approx 1.5 miles from Penryn, and just over three miles from Falmouth Harbour Town and seaside.
The village has an active community with an excellent nursery & primary school, community centre, regular bus services and a church.
Asda supermarket is within easy access of the property on the outskirts of Penryn, as is Argal Reservoir: A beautiful spot for walking and enjoying the countryside.
Penryn is the next immediate town offering further amenities and less than half a mile away is Penryn Business Park providing a wide range of corporate and independent businesses including the popular Verdant Brewery hosting events and popular comedy nights and B&Q, Rowes Cornish Bakers & Starbucks, along with community sports hubs such as Penryn Football, Rugby & Cricket Clubs.
Falmouth has been shaped and influenced by its strong connection to the sea and harbour, combining a fascinating maritime heritage and modern creativity, Falmouth is building a name for itself as one of the South West's leading cultural and festival destinations.
Penryn Train branch provides links into Falmouth Town and beaches and also onto the Cathedral City of Truro where it links with the national rail network, including London Paddington and other principal cities.
EPC Rating: C Accommodation In Detail (all measurements are approximate) Canopy with light uPVC double glazed panel effect front door into..
Entrance Base cupboard housing gas and electric meters and tripping switches. Glazed door too... Living Room UPVC double glazed window to front. Two radiators.
Central heating thermostatic control, panel door to inner hallway. Sliding panel door to... Kitchen Modern, cream flush fronted range of base and eye level cupboards with stainless steel handles.
Roll top work surfaces. Built in oven, grill and gas hob with extraction. Stainless steel sink and drainer. Mixer tap. Space and plumbing for washing machine, tumble dryer and fridge freezer.
UPVC double glazed window to front and side. Tile floor and splashback. Worcester mains gas boiler fuelling radiator central heating and hot water supply.
Inner Hallway Panel door to two bedrooms, shower room/WC and airing/store cupboard. Slatted shelves. Radiator. Bedroom One Built in wardrobe and cupboard space. Radiator.
UPVC double glazed window and door into conservatory. Bedroom Two UPVC double glazed window into conservatory. Radiator. Conservatory – Requiring Repair Or Replacement. UPVC double glazed, tile floor.
Radiator. French doors out onto the terrace and garden. Monopitch roof. Shower Room/WC Corner shower cubicle with electric shower, WC and hand basin with cupboard underneath. Heated towel radiator.
Obscure uPVC double glazed window to side. Access to loft. Garden Outside - front Paved terrace or additional parking space. Raised bed. Gentle steps and rail to front door.
Driveway parking space for one or two vehicles in tandem. Tap. Fence and gate to... Garden Rear garden From the conservatory, out via French doors, onto a generous paved terrace.
All is enclosed, relatively private and certainly established with steps up to further paved terraces and with an old stone wall at its end. Camelias, tree fern, other shrubs and plants.
There is an elderly timber shed and a store.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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About 28 Summerheath, Penryn
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