2-bedroom bungalow · TR11 5BT
Sold STCListed 121 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A bijoux two bedroom bungalow, in a cul-de-sac, set back from the road by a large driveway, benefitting from a level plot and a good sized rear garden and garage. Just 1.5 miles to Swanpool beach.
Please note, the photos were taken prior to the last tenancy. The tenants are currently moving out and then some decoration works will be undertaken and new photos will be produced.
Please contact the Agent for further information. Entering the property through the front door, there is an entrance hall with two double bedrooms at the front of the property.
There is a shower room and a small, fitted kitchen which leads through the back porch and into the garden.
The lounge has glass sliding patio doors opening out onto the enclosed back garden which is South East facing. The property has lots of space for driveway parking at the front as well as a garage.
There is also a communal parking area at the end of the terrace.
Freehold Council Tax Band C EPC C Gas Central Heating & Hot Water Double Glazing Garden Mains gas, electricity, water and drainage No Onward Chain Broadband : Ultrafast Broadband available at this postcode.
Mobile Phone Coverage: O2 / EE / Three / Vodafone - Please contact individual providers for further information Source: Ofcom.org.uk LOCATION Davey's Close is located just off Bickland Water Road, on the Swanpool Side of Falmouth, ideally located for Swanpool Beach (just 1.5 miles away).
Falmouth is exceptionally located on the south coast of Cornwall and has an abundance of local amenities as well as being well connected by roads and train services to the rest of Cornwall and beyond.
Swathed in maritime history, Falmouth is now a vibrant hub for sporting and cultural pursuits.
The south Cornish coast offers fabulous sea swimming, paddle boarding and hiking trails just a stone's throw away.
There are numerous yacht and sailing clubs nearby with some of the finest day sailing waters in the UK, and Falmouth Golf Club is located at Swanpool.
Being home to the world-famous Falmouth School of Art, Falmouth is a hub for the Arts in Cornwall, with the Princess Pavilion and The Poly offering a rich programme of events throughout the year.
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.
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