3-bedroom bungalow · TR15 3HJ
Listing removedListed 122 daysAuction 23 Jul · ended
Opportunity summary
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About
Situated in a popular residential location and within a level walk of the village of Illogan, this link-detached dormer style bungalow is being offered for sale by the traditional auction method jointly with Clive Emson Land and Property Auctioneers on the 23rd July 2026.
Benefiting from two/three bedrooms, there is a lounge/diner, kitchen/breakfast room and bathroom. UPVC double glazed windows have been installed and there is gas fired central heating.
There is a driveway to the front giving additional parking and leading to the attached garage.
It is worthy of note that the rear garden is of a generous size although largely inaccessible at the present time.
Bungalows in this particular area are very popular and this would present itself as an ideal opportunity for a builder or a practical buyer who wants to add value to their new home.
Sure to attract a good deal of interest, viewing our virtual tour is recommended prior to a physical inspection.
As previously mentioned, 'Shorelands' is in a popular residential location and has a convenience store close by in Broad Lane.
A pharmacy and choice of gp surgeries is available in Illogan and there are late night shops and a well respected Public House in the centre of the village.
Larger out of town retail outlets will be found less than a mile away at Pool and the nearest town of Redruth is within two miles.
Redruth offers a comprehensive range of local and national shopping outlets and a mainline Railway Station that connects with London Paddington and the north of England.
Truro, the administrative and commercial heart of Cornwall is within twelve miles and the north coast at Portreath is only two and a half miles distant.
Falmouth on the south coast, which is Cornwall's university town, will be found within thirteen miles.
Accommodation Comprises Recessed storm porch with uPVC double glazed door opening to:- Entrance Vestibule Radiator and doors opening off to:- Lounge/Diner (15' 9'' x 12' 3'' (4.80m x 3.73m) maximum measurements) UPVC double glazed window to the front.
Two radiators. Serving hatch through to kitchen. Door to inner hallway. Kitchen/Breakast Room (14' 2'' x 6' 8'' (4.31m x 2.03m) plus recess) UPVC double glazed windows to the front and side.
Fitted with a range of eye level and base units having adjoining working surfaces incorporating a one and a half bowl sink unit with mixer tap.
Built-in ceramic hob with stainless steel hood over and eye level double oven. Radiator and pantry cupboard. Door through to:- Inner Hall Aluminium double glazed door to side.
Storage cupboard and doors open off to:- Bathroom UPVC double glazed window to side. Fitted with a low level WC, vanity wash hand basin and panelled bath. Radiator.
Bedroom One (12' 11'' x 10' 1'' (3.93m x 3.07m)) UPVC double glazed window to the rear. Radiator. Bedroom Two (8' 11'' x 7' 7'' (2.72m x 2.31m)) UPVC double glazed window to side.
Three sliding door wardrobe and radiator.
Bedroom Three/Second Lounge (24' 0'' x 11' 1'' (7.31m x 3.38m) maximum measurements) UPVC double glazed door with two uPVC double glazed side panels to rear and uPVC double glazed window to side.
Two radiators. Outside Front To the front there is an enclosed garden which is largely overgrown and a driveway to the side leads to the attached garage. Pedestrian access to the side.
Garage At the time of inspection access was not available. Up and over door.
Rear Garden Immediately to the rear of the bungalow there is a patio leading to the remainder of the garden which is enclosed and of a generous size.
At the time of our inspection the garden was largely overgrown and inaccessible. Services The property benefits from mains water, mains electric, mains drainage and mains gas.
Agent's Note Please be advised the property is band 'C' for Council Tax purposes.
Directions From Illogan Highway turn into Chariot Road and continue into Broad Lane, after passing over the A30 the bungalow will be identified on the right hand side by our For Sale board just prior to the turning to Merritts Hill.
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Value & comps
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Returns
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Archie refurb estimate: a Pro feature
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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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FAQ
About Shorelands, Lower Broad Lane, Redruth
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