Strathyre, Shute Lane, Liskeard, Cornwall, PL14 5QB

Description

Freehold detached bungalow. Potential for extensions STPP. Full vacant possession.

Accommodation

Two bedrooms, reception room, kitchen, shower room/WC, conservatory

Location

The property is located on Shute Lane. Pensilva provides village amenities with a further range of shops, bars and restaurants found within Liskeard Town Centre lying to the south. Public transport links can be found at Liskeard Train Station along with a network of local bus services serving the surrounding areas. The property is served by road links including the A390. Recreational pursuits can be found locally throughout the surrounding countryside.

Tenure / Property Information

Investment Analysis

The £162,000 guide is below the supplied same-road detached freehold sales of £214,000 in 2023 and £400,000 in 2025, but the evidence does not provide floor areas, condition, specifications, extension status or comparability. The older £145,000–£197,000 sales are from 2003–2006 and are not reliable current valuation evidence without adjustment. A defensible GDV range, refurbishment budget or maximum bid cannot therefore be established from the supplied evidence. The £1,800 inclusive-of-VAT contract documentation fee is known; possible seller-charged completion fees are unspecified.

Investment Snapshot

Strategy Recommendation

Do not bid on an investment or refurbishment basis until an inspection, heating information, full special conditions and independent valuation are obtained. Treat any extension value as unconfirmed pending planning advice.

Works Required

No specific defects or refurbishment requirements are evidenced. Undertake a full inspection and obtain details of the heating system. Any works, including possible extension works, should be budgeted only after survey, quotations and confirmation of planning/building-control requirements; extension potential is stated as subject to planning permission.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be established because there is no supported GDV, refurbishment allowance or rent evidence. The known acquisition-related cost is the £1,800 contract documentation fee, with possible additional seller-charged completion fees unspecified.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. The property is vacant, but achievable rent, operating costs and finance costs remain unverified.

Flip Analysis

The supplied same-road sales provide broad market context but are insufficient to calculate a reliable resale GDV or flip surplus because property size, condition and specification differences are unknown. No refurbishment allowance or selling-cost allowance is supported.

Investor Risks & Due Diligence

• No sufficiently specific rental evidence is available, so rental yield cannot be assessed.

• Heating details are not supplied.

• Possible additional seller-charged completion fees are unspecified.

• The supplied comparable sales lack floor-area, condition and specification details and vary materially in date and price.

• Extension potential is subject to planning permission and is not guaranteed.

• The property is vacant, so no passing rent or existing tenancy income is evidenced.

Recommendation

Do not bid on an investment or refurbishment basis until an inspection, heating information, full special conditions and independent valuation are obtained. Treat any extension value as unconfirmed pending planning advice.

Strategy Rating

Analysis Confidence

The address, tenure, occupancy, accommodation, guide price, one buyer fee and several same-road completed sales are supplied, but there is no reliable rental evidence, no condition or floor-area detail, no supported works budget, no GDV evidence sufficiently comparable for valuation, and possible additional completion fees are unspecified.