3 Bed Bungalow, Single Let, Bude, EX23 8HA, £439,950

8 Lea Way, Bude, Cornwall, EX23 8HA - 3 months ago

Sold STC
BTL
90 m²
+12 photos

ValuationOvervalued

Sold Prices£182.5K - £625K
Sold Prices/m²£2.5K/m² - £5K/m²

 

 

Square Metres

90 m²
Price/m²£4.9K/m²

Value Estimate

£321,741

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£109,988

Stamp Duty & Legal Fees

£23,896

Total Cash In

£133,884

 

 

Cash Out

 

Rent Range

£850 - £1,400

Rent Estimate

£989

Running Costs/mo

£1,593

Cashflow/mo

£-604

Cashflow/yr

£-7,244

Gross Yield

3%

Local Sold Prices

50 sold prices from £182.5K to £625K, average is £312.3K. £2.5K/m² to £5K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£385K12/210.04 mi12, Melliars Way, Bude, Cornwall EX23 8HB3
£290K02/210.08 mi13, Fosters Way, Bude, Cornwall EX23 8HF3
£300.1K09/210.1 mi48, Meadow Drive, Bude, Cornwall EX23 8HZ3
£267.5K06/210.1 mi32, Meadow Drive, Bude, Cornwall EX23 8HZ3
£350K11/200.1 mi53, East Fairholme Road, Bude, Cornwall EX23 8HU3
£275K10/200.18 mi33, Hollabury Road, Bude, Cornwall EX23 8JA3
£182.5K02/210.18 mi18, Hollabury Road, Bude, Cornwall EX23 8JA3
£625K11/220.18 miBramley House, William Edwards Close, Bude, Cornwall EX23 8JE3
£372.5K04/210.2 mi18, Hallett Way, Bude, Cornwall EX23 8PG3
£283K07/230.27 mi28, Woodfield Road, Bude, Cornwall EX23 8JB3
£220K03/210.28 mi11, Penfound Gardens, Bude, Cornwall EX23 8FF3
£300K04/210.34 mi65, Elizabeth Road, Bude, Cornwall EX23 8AS3
£550K05/210.36 miKiltransa, Poughill Road, Bude, Cornwall EX23 8NZ3
£465K09/210.36 miAmberwood, Poughill Road, Bude, Cornwall EX23 8NZ3
£237.5K02/210.37 mi110, Elizabeth Road, Bude, Cornwall EX23 8AJ3
£392.5K05/210.4 mi2, Redwood Grove, Bude, Cornwall EX23 8EB3
£411.7K09/210.42 mi5, Elm Drive, Bude, Cornwall EX23 8EZ3
£437.5K01/230.42 mi16, Trevella Road, Bude, Cornwall EX23 8NA3
£415K06/210.42 mi16, Trevella Road, Bude, Cornwall EX23 8NA3
£393.5K09/220.45 mi7, Carteret Road, Bude, Cornwall EX23 8DD3
£345K04/210.49 mi16, Westby Road, Bude, Cornwall EX23 8DE3
£314.5K04/210.49 mi2, Westby Road, Bude, Cornwall EX23 8DE3
£317K06/230.52 mi26, Fairfield Road, Bude, Cornwall EX23 8DH3
£264K04/210.52 mi12, Fairfield Road, Bude, Cornwall EX23 8DH3
£390K11/200.53 mi49, Killerton Road, Bude, Cornwall EX23 8EN3
£340K02/210.54 miClovelly House, 4, Burn View, Bude, Cornwall EX23 8BY3
£375K10/220.55 mi37, Fairfield Road, Bude, Cornwall EX23 8DJ3
£272.5K04/230.55 mi36, Fairfield Road, Bude, Cornwall EX23 8DJ3
£400K11/200.57 mi18, Valley Road, Bude, Cornwall EX23 8ER3
£339.9K04/210.58 mi1, Gurney Close, Bude, Cornwall EX23 8SH3
£350K08/220.58 mi30, Valley Road, Bude, Cornwall EX23 8ER3
£275K03/210.59 mi12, Coast View, Bude, Cornwall EX23 8AG3
£252.5K06/210.59 mi35, Coast View, Bude, Cornwall EX23 8AG3
£450K04/210.6 mi12, Pickard Way, Bude, Cornwall EX23 8PE3
£360K02/210.61 mi15, Killerton Road, Bude, Cornwall EX23 8EL3
£435K07/230.62 mi18, Minster Avenue, Bude, Cornwall EX23 8RY3
£235K03/210.63 mi28, Berkeley Close, Stratton, Bude, Cornwall EX23 9BE3
£310K09/220.63 mi8, New Road, Stratton, Bude, Cornwall EX23 9AP3
£310K02/210.64 mi7, Poundfield Close, Stratton, Bude, Cornwall EX23 9AU3
£345K09/220.64 mi4, Warwick Road, Bude, Cornwall EX23 8EU3
£200K11/200.66 mi2, Hillhead, Stratton, Bude, Cornwall EX23 9AL3
£250.5K04/210.69 mi29, Treleven Road, Bude, Cornwall EX23 8SA3
£255K09/220.7 mi24, Ward Close, Stratton, Bude, Cornwall EX23 9BB3
£210K09/210.71 mi10, Ward Close, Stratton, Bude, Cornwall EX23 9BB3
£265K02/210.71 mi18, Monterey Close, Bude, Cornwall EX23 8DX3
£250K12/220.72 mi27, Briar Road, Bude, Cornwall EX23 8PR3
£250K11/200.73 mi15, Woodley Close, Stratton, Bude, Cornwall EX23 9AH3
£250K10/200.73 mi29, Briar Road, Bude, Cornwall EX23 8PR3
£220K04/210.73 mi14, Briar Road, Bude, Cornwall EX23 8PR3
£362.5K04/230.73 mi3, The Rowans, Bude, Cornwall EX23 8PS3

Local Rents

19 rents from £850/mo to £1.4K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,35004/240.36 miPoughill Road3
£99511/230.39 mi-3
£99511/230.39 mi-3
£1,09509/230.57 mi-3
£1,09509/230.57 mi-3
£1,35004/240.61 miKillerton Road, Bude3
£1,20005/240.61 miBude, Cornwall3
£85003/240.61 miPoughill, Bude3
£1,09503/240.61 miOcean View Road, Bude3
£1,25007/240.62 mi-3
£1,20004/240.63 mi-3
£1,20003/250.63 mi-3
£1,29504/250.63 mi-3
£1,25005/240.64 miShearwater Drive, Bude3
£1,25003/240.65 miValley Road, Bude, Cornwall, EX233
£95004/240.76 miOrchard Close, Poughill, EX233
£1,25004/240.78 miBude, Cornwall3
£1,10003/240.82 miBede Haven Close, Bude, Cornwall, EX233
£1,40005/240.97 miLynstone Road, Bude3

Local Area Statistics

Population in EX23

15,617

Town centre distance

0.18 miles away

Nearest school

0.30 miles away

Nearest train station

24.54 miles away

 

 

Rental growth (12m)

+6%

Sales demand

Buyer's market

Capital growth (5yrs)

+37%

Property History

Listed for £439,950

January 31, 2025

Floor Plans

Description

  • Exceptionally spacious detached bungalow +
  • Peaceful cul-de-sac location with the Flexbury area +
  • Living room, dining/family room, cream high gloss kitchen +
  • Three bedrooms, modern bathroom, separate shower +
  • Off road parking, tandem garage and private enclosed gardens +

PROPERTY DESCRIPTION 8 Lea Way is a truly unique and exceptionally spacious detached bungalow, offering remarkable versatility in a peaceful cul-de-sac within the sought-after Flexbury area. Ideally positioned within walking distance of Bude town centre and Crooklets Beach.

The property offers a generous entrance hall, a bright and inviting living room, and a separate dining/family room, providing ample space for entertaining or relaxing. Modern high gloss cream kitchen, three bedrooms, a modern bathroom and separate shower.

Outside there is off road parking, detached tandem garage, private enclosed gardens with summerhouse and greenhouse. Available with no onward chain.  

ENTRANCE HALL Entering via a UPVC obscure double glazed door with matching fixed side panel to the entrance hall. Coved artex ceiling, loft hatch access, airing cupboard housing the factory lagged hot cylinder with immersion heater, separate storage cupboard. Radiator. Doors serve the following rooms:- 

LIVING ROOM 17' 11" x 12'11 max' 11'1 min" (5.46m x 3.94m) A bright and spacious room with UPVC double glazed window to the rear elevation overlooking the private enclosed garden. Coved artex ceiling, television point and radiator. 

DINING/ FAMILY ROOM 18' 1" x 12'6 max' 8'6 min" (5.51m x 3.86m) A bright and spacious multipurpose room with UPVC double glazed window and UPVC double glazed walk in bay window to the front elevation overlooking the gardens and quiet cul-de-sac. Coved artex ceiling, television point and two radiators.  

KITCHEN 10' 9" x 8' 10" (3.28m x 2.69m) UPVC double glazed window and door to the rear elevation overlooking the private enclosed garden. Artex ceiling, television point and chrome wall mounted heated towel rail.

The kitchen is finished with a range of matching cream high gloss wall and base units with contrasting fitted works surface. Inset composite sink and drainer with mixer tap, integrated electric oven, integrated combination microwave oven, inset electric hob with pull out extractor, integrated undercounter fridge and cupboard housing the Potterton gas fired boiler. 

BEDROOM ONE 11' 9" x 11' 9" (3.58m x 3.58m) A bright and spacious principal double bedroom with artex ceiling, double wardrobes, radiator and a UPVC double glazed window to the rear elevation. 

BEDROOM TWO 11' 1" x 9' 2" (3.38m x 2.79m) A bright and spacious double bedroom with UPVC double glazed window to the front elevation overlooking the garden and quiet cul-de-sac. Coved artex ceiling and radiator. 

BEDROOM THREE 7' 6" x 6' 2" (2.29m x 1.88m) A bright single bedroom with coved artex ceiling, radiator and UPVC double glazed window to the front elevation overlooking the garden and quiet cul-de-sac. 

BATHROOM 7'10 max' 5'7 min" x 6' 5" (2.26m x 1.96m) Coved artex ceiling, UPVC obscure double glazed window to the side elevation, attractive fully tiled walls, panel enclosed bath, vanity unit with inset basin, toilet bowl with concealed cistern and chrome wall mounted heated towel rail. 

SHOWER ROOM 7' 10" x 2' 10" (2.39m x 0.86m) Artex ceiling, UPVC obscure double glazed window to the side elevation, shower enclosure with electric shower and fully tiled walls. 

TANDEM GARAGE 27' 11" x 11' 00" (8.51m x 3.35m) Electrically operated up and over door, twin wooden framed glazed windows and twin wooden framed glazed pedestrian doors to the side elevation. Fitted with a range of matching wall and base units of stainless steel sink and drainer with mixer tap light and power connected. 

OUTSIDE To the front of the property there is bricked paved off road parking with an area of lawn. Side gate leads to the rear garden with a low brick wall with steps upto the lawn with greenhouse and path continues around to a second garden area with triangular shape lawn with paving, raised brick walled flower bed, summerhouse and small garden shed. 

COUNCIL TAX Band D 

SERVICES All mains services connected  

TENURE Freehold

Agent Details

Colwills, Bude

01288 272821

Next Steps?

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