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See how verdicts work3-bedroom bungalow · TR10 8DF
Sold STCListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three Bedroom Detached Dormer Bungalow A three-bedroom detached dormer bungalow located in a quiet cul-de-sac in the popular residential area of Penryn.
The property is a complete renovation project throughout and offers excellent potential to create a modern family home.
It benefits from a garage, driveway parking, and a large mature garden (currently overgrown). Entrance Porch A covered entrance porch with front door featuring decorative glass panels.
Entrance Hall Entrance hall with stairs rising to the first floor, understairs cupboard, and doors leading off to the bedrooms and living room.
Bedroom 3 Ground floor bedroom with window to the front aspect and radiator. Bedroom 1 Ground floor double bedroom with rear aspect window and radiator. Door to ensuite WC.
Ensuite WC Ensuite WC with white low-level WC, pedestal wash basin and opaque window to the rear. Family Bathroom Family bathroom with white bath, pedestal wash basin and low-level WC.
Lounge Dual aspect living room with windows to the front and side aspects, feature fireplace with wooden mantelpiece, and door to the kitchen/diner.
Dining Area Dining area with dual aspect windows to the side and rear, radiator, and archway to the kitchen area.
Kitchen Kitchen with a range of wall and base units, worktops, sink, and door to the rear garden. Requires full renovation.
First Floor Landing Stairs leading to the first floor with built-in cupboard and door into eaves storage. Door to Bedroom 2. Bedroom 2 Spacious first-floor bedroom with window to the side aspect.
Outside The property is set back from the road behind a stone wall and wooden fencing. To the front and side is a generous garden that is currently overgrown with mature shrubs, bushes and trees.
There is a driveway with on-drive parking and access to a single garage. Side access leads to the rear garden.
Rear Garden Rear garden with plenty of space, currently overgrown with mature shrubs, bushes, trees and plants.
Features a stone patio area and steps, offering great potential for landscaping and outdoor entertaining. There is also a useful under-property storage area accessed via a door from the garden.
Under-Property Storage Accessed from the rear garden, this useful cellar/storage space contains the electricity consumer unit and what appears to be an old heating boiler system (untested).
Location Located in a quiet cul-de-sac in Penryn, the property is conveniently positioned for local amenities.
Penryn is a historic town with a strong community feel, good schools, shops, pubs and a working harbour.
It is approximately 2 miles from the vibrant harbour town of Falmouth, offering excellent beaches, restaurants, the National Maritime Museum, university facilities and a wide range of water sports.
Excellent road links and proximity to the A39 make it ideal for commuting. Important Note This property is a renovation project and is sold with vacant possession.
Early viewing is strongly recommended.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 16, Belhay, Cornwall
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