3 Bed Bungalow, Planning Permission, Hayle, TR27 4JB, £485,000

Beautifully presented detached home, Hayle, TR27 4JB - 1 views - 2 months ago

Planning
ROI: 4%
~93 m²
+24 photos

ValuationOvervalued

Sold Prices£186K - £605K
Sold Prices/m²£2.3K/m² - £6.6K/m²

 

 

Square Metres

~93 m²
Price/m²£5.2K/m²

Value Estimate

£354,254

 

 

End Value (After Refurb)

£412,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£121,250

Stamp Duty & Legal Fees

£37,200

Refurb Costs

£40,580

Bridging Loan Interest

£12,731

Total Cash In

£213,511

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£412,500

Mortgage (After Refinance)

£309,375

Mortgage LTV

75%

Cash Left In

£213,511

Equity

£103,125

Rent Range

£975 - £3,485

Rent Estimate

£2,490

Running Costs/mo

£1,807

Cashflow/mo

£683

Cashflow/yr

£8,195

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £186K to £605K, average is £335K. £2.3K/m² to £6.6K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£320K01/210.02 mi10, Albertus Gardens, Hayle, Cornwall TR27 4JB3
£412.5K12/220.06 mi5, Albertus Road, Hayle, Cornwall TR27 4JQ3
£345K01/210.06 mi4, Albertus Road, Hayle, Cornwall TR27 4JQ3
£416.8K04/230.06 mi11, Albertus Road, Hayle, Cornwall TR27 4JQ3
£367.5K09/210.06 mi3, Albertus Road, Hayle, Cornwall TR27 4JQ3
£345K04/210.06 mi8, Albertus Road, Hayle, Cornwall TR27 4JQ3
£335K02/210.06 mi19a, Albertus Road, Hayle, Cornwall TR27 4JQ3
£335K03/210.07 mi42, Trelissick Road, Hayle, Cornwall TR27 4HY3
£450K10/210.12 mi59, Mellanear Close, Hayle, Cornwall TR27 4QU3
£345K12/200.13 mi41, Trelissick Fields, Hayle, Cornwall TR27 6HZ3
£338K07/230.13 mi31, Trelissick Fields, Hayle, Cornwall TR27 6HZ3
£345K12/200.13 mi41, Trelissick Fields, Hayle, Cornwall TR27 6HZ3
£285K12/200.13 mi35, Trelissick Fields, Hayle, Cornwall TR27 6HZ3
£260K10/220.14 mi51, Trelissick Fields, Hayle, Cornwall TR27 6HZ3
£355K01/210.14 mi59, Trelissick Road, Hayle, Cornwall TR27 4HY3
£340K10/220.17 mi15, Ash Drive, Hayle, Cornwall TR27 6PF3
£272.5K12/200.17 mi26, Ash Drive, Hayle, Cornwall TR27 6PF3
£305K09/230.17 mi32, Ash Drive, Hayle, Cornwall TR27 6PF3
£395K09/220.17 mi23, Ash Drive, Hayle, Cornwall TR27 6PF3
£386K11/220.18 mi7, Bownder Dowr, Hayle, Cornwall TR27 6JA3
£275K08/220.18 mi16, Crun Melyn Parc, Hayle, Cornwall TR27 4RH3
£493K08/230.21 mi13, Meadowside Close, Hayle, Cornwall TR27 4JL3
£308K04/210.24 mi18, Foundry Hill, Hayle, Cornwall TR27 4HW3
£350K07/230.24 mi30, Foundry Hill, Hayle, Cornwall TR27 4HW3
£375K12/200.3 mi36, Foundry Hill, Hayle, Cornwall TR27 4HW3
£370K01/240.33 mi1, Tremeadow Terrace, Hayle, Cornwall TR27 4AF3
£400K07/230.33 mi12, Tremeadow Terrace, Hayle, Cornwall TR27 4AF3
£287.5K03/240.4 mi14, Penpol Road, Hayle, Cornwall TR27 4AD3
£368.5K11/200.46 mi5, Cledma Bank, St Erth, Hayle, Cornwall TR27 6HH3
£197K02/210.5 mi9, Haven Court, Hayle, Cornwall TR27 4SE3
£320K11/220.5 mi3, Haven Court, Hayle, Cornwall TR27 4SE3
£283.8K05/210.58 mi56, Penpol Terrace, Hayle, Cornwall TR27 4BQ3
£194K05/230.59 mi22, Penpol Terrace, Hayle, Cornwall TR27 4BQ3
£370K10/220.61 mi33, St Georges Road, Hayle, Cornwall TR27 4AL3
£261.1K05/230.61 mi55, St Georges Road, Hayle, Cornwall TR27 4AL3
£397K09/230.61 mi27, St Georges Road, Hayle, Cornwall TR27 4AL3
£375K12/200.62 mi37, St Georges Road, Hayle, Cornwall TR27 4AL3
£331.5K06/230.63 mi18, Chenhalls Road, St Erth, Hayle, Cornwall TR27 6HJ3
£250K09/220.67 mi12, Cornubia Close, Hayle, Cornwall TR27 4RL3
£265K09/220.67 mi5, Cornubia Close, Hayle, Cornwall TR27 4RL3
£275K10/220.67 mi1, Cornubia Close, Hayle, Cornwall TR27 4RL3
£191K09/220.67 mi4, Cornubia Close, Hayle, Cornwall TR27 4RL3
£215K08/230.73 mi12, Harveys Way, Hayle, Cornwall TR27 4PE3
£192.5K01/210.73 mi73, Harveys Way, Hayle, Cornwall TR27 4PF3
£415.5K01/230.74 mi76, Hayle Terrace, Hayle, Cornwall TR27 4BT3
£186K11/200.77 mi7, Bowling Green Court, Hayle, Cornwall TR27 4RP3
£313K02/240.78 mi12, Mount Pleasant Gardens, Hayle, Cornwall TR27 4JR3
£605K10/220.79 mi1, St Uny Close, Lelant, St Ives, Cornwall TR26 3ER3
£233.5K07/220.79 mi10, Coronation Road, Hayle, Cornwall TR27 4AY3
£280K07/210.82 mi22, Mount Pleasant, Hayle, Cornwall TR27 4LD3

Local Rents

12 rents from £975/mo to £3.5K/mo, average is £3.2K/mo.

RentDateDistanceAddressBeds 
£3,19512/240.4 mi-3
£3,19503/250.4 mi-3
£3,19512/240.4 mi-3
£3,19512/240.4 mi-3
£3,19503/250.4 mi-3
£1,55001/250.43 mi-3
£1,45011/240.43 mi-3
£1,45012/240.43 mi-3
£1,80012/230.43 mi-3
£3,48503/250.44 mi-3
£3,19512/240.54 mi-3
£97510/240.6 miPenpol Vean, Hayle3

Local Area Statistics

Population in TR27

14,776

Town centre distance

0.54 miles away

Nearest school

0.10 miles away

Nearest train station

0.55 miles away

 

 

Rental growth (12m)

+9%

Sales demand

Buyer's market

Capital growth (5yrs)

+43%

Property History

Price changed to £485,000

March 28, 2025

Listed for £495,000

February 18, 2025

Floor Plans

Description

  • THREE BEDROOM DETACHED BUNGALOW +
  • GARAGE AND DRIVEWAY PARKING +
  • CLOSE TO THE CENTRE OF HAYLE +
  • NEARBY AMENITIES +
  • REAR GARDEN +
  • SUMMER HOUSE +
  • COUNCIL TAX BAND D +
  • EPC- 69- C +
  • FREEHOLD TENURE +

Situated on the sought after Albertus Gardens in Hayle, this immaculately presented detached bungalow offers a perfect blend of comfort and potential. With three well-proportioned bedrooms and a beautiful contemporary kitchen, this home is ideal for those seeking a spacious family home in a quiet residential area. The property boasts a generous plot, adorned with beautiful gardens that provide a serene outdoor space, offering complete privacy and affording views across to The Towans and Phillack Church. The summer house in particular is a wonderful asset, equipped with internet to provide a work from home office. Convenience is key, as the bungalow features off-road parking for up to four vehicles, along with a garage for additional storage. Moreover, this property comes with planning permission to extend to the rear elevation, allowing you the opportunity to personalise and enhance your living space to suit your needs. The location is particularly advantageous, being close to the centre of Hayle, where you can find a variety of shops, cafes, and local amenities. Do not miss the chance to make this beautiful property your new home.

Guide Price - £485,000 -

Location - Albertus Gardens is a well regarded residential area within the popular coastal town of Hayle. Hayle is a thriving coastal town and has many amenities & is becoming one of the most sought after towns within West Cornwall. There is a train station providing national rail links as well as providing easy local access to St Ives, Penzance and Truro. The North coast is a huge draw for Hayle. The beaches are world class, as is the surf! There are numerous beach choices nearby to include Hayle beach, Gwithian & Godrevy to mention just a few. There are good transport links via the A30. The major towns of Penzance, Helston, Camborne, Redruth and Truro are all within easy reach by road. There is a great selection of supermarkets, including M&S and individual boutique shops, restaurants and cafes. It's a fantastic place to live.

Accommodation - Entrance hall
Living room
Kitchen dining room
Bedroom
Bedroom
Bedroom
Bathroom
Garage/Utility room

Outside - To the front elevation is an immaculately presented lawn area with well established borders and mature shrubs. The driveway provides off road parking for multiple vehicles. The rear garden is a true delight and is deceivingly larger than you expect. Affording beautiful patio and decking areas, mature tree and bushes, lawn area and a footpath leading down to the summer house. The summer house is currently utilised as a work from home space, and is equipped with power, light and internet.

Garage - The property benefits from a good size garage, currently arranged into garage storage to the front, and then a utility room with space, electric and plumbing for a range of white goods to the rear.

Planning - The property has the benefit of planning permission for an extension to the rear elevation. Detailed documents can be found on the Cornwall Councill planning portal under ref PA23/09803.

Services - Mains water, electricity, drainage and gas.
Freehold tenure.

Council Tax Band D -

Anti Money Laundering Regulations – Purchasers - It is a legal requirement that we receive verified ID from all buyers before a sale can be instructed. We will inform you of the process once your offer has been accepted.

Proof Of Finances - Before agreeing a sale, we will require proof of your financial ability to purchase. We will inform you of what we require prior to agreeing a sale.

Broadband & Mobile Phone Coverage - To check the broadband coverage for this property please visit check mobile phone coverage please visit

What3words - ///line.trainer.severe

Agent Details

Mather Partnership, Helston

01326 332051

Next Steps?

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