3 Butter Mill Cottages, Merrymeet, PL14 3LS

UPRN:10095879111Detached BungalowBeds -Built -

Tenure: -Council Tax: Band AEPC: -

Data freshness:Listing· freshOwnership· freshRisk· 5mo agoCrime· freshConnectivity· 1mo agoSchools· 1mo agoAmenities· 2mo agoArea· Census 2021Council Tax· 1mo ago

3 Butter Mill Cottages, Merrymeet, PL14 3LS

HP Score

/ 100

Mixed

Verdict

today

Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Mixed signals - investigate

Evidence

16 of 21 sources

Sale Estimate

£151,000

£121k - £182kLow

Estimate

£151k

Range

£121k – £182k

Rent Estimate (pcm)

£600

£550 - £650

Monthly

£600

Yield

5.33%

Verdict

Derived from HomePortfolio scores

3 Butter Mill Cottages earns an INVESTIGATE rating with HP Score 57/100. Investment score 54/100 reflects moderate fundamentals. Crime intensity is very low. Walkability is limited (0/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.

Key SourcesPortal listingsOfcom Connected NationsMarket estimates (third-party AVM)Defra strategic noise mapping, England Round 4 (Contains Defra data © Crown copyright and database right 2023-2024, Open Government Licence v3.0)Walk ScoreONS Census 2021Police.ukHM Land Registry company ownershipHM Land Registry covenantsHM Land Registry Price PaidPlanIt / council planning portalsOverture Maps PlacesOfsted / DfE GIAS

HP Score

57/ 100

Mixed

Investment Score

54/ 100

Moderate

Crime Score

12/ 100

Low

Walkability

0/ 100

Low

Transit & Bike

Transit 35Bike 21

Walk Score, out of 100

Opportunity

Not scored as an opportunity

We will not put a number on this one.

headline score requires valuation_edge (estimate confidence LOW below scoring floor)

What we could establish

Rental economics2.3/40
gross yield 5.3%; range width penalty ×0.87
- valuation_snapshotsrent estimate 600/mo (range 550-650)· as of 14 Nov 2026· verify before relying on this
Stress margin0/30
stressed cash flow -259/mo, -43% of rent (6.75% on a 75% loan; no service charge or ground rent disclosed); fails the stress - earns nothing
- underwriting_assumptionscosts not disclosed by the advert· as of 10 Nov 2026
Risk & liquidity9.2/15
271 sales/12mo in area; valuation range width 40%
- property_intelligencetransactions_12mo

Withholding a score is deliberate. A number built on missing or stale inputs would look more certain than the evidence allows.

Economics

What happens to your money

Your assumptions

Purchase price£135,000

At the asking price

Monthly rent£600/mo

Evidenced range £550-£650

Interest rate5.4%

Loan to value75%

Cash required: £42,000
Net cash flow: -£40/mo
Cash on cash: -1.1%
Score at this price: -

After a 8% void allowance, 15% management and 10% maintenance. Lender coverage (rent ÷ interest): 1.32 - clears the usual 1.25 test. These are your assumptions, not evidence: only the pre-filled rent and price come from the record.

Evidence

Where every number comes from

valuation_snapshotsrent estimate 600/mo (range 550-650)Rental economics · as of 14 Nov 2026 · verify before relying on this
underwriting_assumptionscosts not disclosed by the advertStress margin · as of 10 Nov 2026
portal_listingsprice_changes + first_published_dateSeller motivation · as of 10 Nov 2026
property_intelligencetransactions_12moRisk & liquidity

Sold comparables in depth Valuation methodology

Risks

What could kill this deal

Score confidence is low
largely a single source - treat the number as a prompt, not a conclusion
Valuation edge could not be scored
estimate confidence LOW below scoring floor
Rental economics needs verification before you rely on it
rent estimate 600/mo (range 550-650)

Plan

Before you offer

1. Get two written rental appraisals from local lettings agents.
The rent estimate rests on area-level evidence, not lettings on this street.
2. Fill the valuation edge gap before relying on the score.
estimate confidence LOW below scoring floor
3. Commission a full structural survey, not a basic condition report.
The score prices market evidence, not the fabric of the building.

Every step above was generated from a specific gap or flag in the evidence - no generic advice, no invented tasks.

Valuation & Market

Sale Estimate£151,000

Rent Estimate (pcm)£600

Gross Yield5.33%

1y Growth-

3y Growth-1.4%

5y Growth-0.1%

10y Growth+3.1%

Last Sold Price-

View Market Details

Risk Overview

Flood RiskUnknown
SubsidenceLow
RadonModerate
MiningSignificant
LandslideModerate
Air QualityLow
NoiseLow

View Full Risk Report

Planning Activity

Recent Apps

11PL14 3LS

Approval Rate

60%12mo

Development

low

PA26/07162
Conversion and extension of existing barn to a dwelling house, including construction of new detached garage and associated works
Pending
PA26/07144
Change of use of existing stables to storage use, Use Class B8, including the provision of a site office
Pending
PA26/06492
Change of use of barns (with extant Q approval) to storage and light industrial use, Use Class B8 and E (g)(iii)
Pending

View Planning Timeline

Ownership

Corporate Ownership71.6%
Overseas OwnershipNo
Lease Term Remaining-
CovenantsRestrictive
Lease Type-
Last Ownership Change-
SourceLand Registry

View Ownership Details

Connectivity

Broadband (Standard)

18 Mbps

Mobile 4G/5G Coverage

EV Charger

PTAL Rating

View Connectivity Map

Area Profile

Median EarningsLocal authority£28,210

Population Density57 /km²

Owner Occupied68%

Age Distribution

0-15 16%16-64 57%65+ 27%

View Area Profile

Schools Nearby

Quethiock CofE School
1.6 mi
Good
Pensilva Primary School
2.3 mi
Report card2026
Ofsted no longer awards a single overall grade.
Menheniot Primary School
2.3 mi
Good
St Martin's CofE Primary School
2.5 mi
Good

0 of 13 nearby schools with published figures were oversubscribed in 2026 - demand, not a catchment.

View All Schools

Comparables

View All

The Old Barn
-
£680k
-
1 Treweatha Cottages
-
£200k
-
The Old Barn
-
£820k
-
Venton House
-
£655k
-

Boundary data not available for this property

No registered title polygon, building footprint, or street match for this property yet.

Why: No HMLR INSPIRE / OSM footprint / OS Open USRN match for this UPRN

Source: HM Land Registry INSPIRE / OpenStreetMap / OS Open USRN