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See how verdicts work3-bedroom bungalow · PL27 7BH
Sold STCListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enjoying some very pleasant views is this detached 3 bedroom bungalow situated in a pleasant location with front and rear gardens, good off street parking and a detached garage. Council Tax Band D.
Freehold. EPC rating E.
39 Wellington Place is a dual fronted property with the garage side accessed from Valley View and from that side of the bungalow enjoys some lovely views over its own gardens, towards Egloshayle Church and surrounding countryside.
The property has been in the same family since it was constructed in 1975 of traditionally concrete block cavity wall construction under a concrete interlocking tiled roof.
Heating is via a Stovax woodburning stove together with night storage heaters. Windows have been replaced with UPVC double glazing.
The kitchen has been modernised however the bathroom and a few other fittings could do with modernisation as can be seen on the photographs and video tour.
Externally the property has a good size plot with good parking on the Valley View side together with a large single garage/workshop and there is also a very useful large loft storage area.
We feel this property has excellent potential with the accommodation briefly comprising the following with all measurements being approximate:- Single Glazed Entrance Door With matching side panel to Entrance Hall Night storage heater.
Access to roof space with loft ladder providing access to large useful loft area. Built in airing cupboard.
Bathroom Older style suite comprising panelled bath with tiled surround and Mira electric shower over, wash hand basin and low level w.c.
Lounge - 5.36 m x 3.39 m to chimney 3.84 m to wall Inset Stovax woodburning stove. 2 windows to front framing lovely views. Night storage heater.
Kitchen/Dining Room - 6.6 m x 2.9 m min 3.64 m max The kitchen area comprises a double drainer, double bowl sink with mixer tap over, good range of built in base and wall units including drawer central dividing unit, built in Neff stainless steel eye level oven and grill and single glazed door to Rear Lobby With built in storage cupboard to side with space and plumbing for washing machine and electric fuse board.
Outside W.C. Low level w.c., side double glazed window and tiled floor. Bedroom 1 - 3.0 m x 3.8 m Built in wardrobe with further cupboards over. Bedroom 2 - 3.63 m x 2.97 m Night storage heater.
Bedroom 3 - 3.07 m x 2.67 m Outside A path leads to a pedestrian gate on the Wellington Place side and that side of the garden has a paved path leading to the front door with outside light, garden laid to lawn with low stone and block walling to sides.
Steps lead down to the rear garden where there is an outside tap, door to useful cellar area and further area laid to lawn with former fruit/veg garden and pathway leading down to the Detached Garage/Workshop With up and over door, side door and single glazed window at the rear.
There is a concrete driveway with further area of garden which has been laid to chippings providing further parking/storage area.
Services Mains water, drainage and electricity are connected to the property. What3Words: ///cabs.floating.denim For further information please contact our Wadebridge office.
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
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FAQ
About 39, Wellington Place, Wadebridge, PL27
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