3-bedroom terraced house · TR18 4TF
For saleListed 602 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three-bedroom property with gardens to front and back. The property is set in a very quiet location but an easy walk to the town centre.
The property also benefits from being chain free as well as have a garage with parking.
Walking distance to the town centre, train and bus station this property is ideally situated on the fringe of Penzance.
The market town of Penzance and its working harbour lies in a sheltered corner of Mounts Bay in South West Cornwall.
The town offers all amenities including: schools, doctors, churches, banks, shops, restaurants and the famous Jubilee pool and Morrab gardens. The neighbouring town of Newlyn is approx. 1 mile away.
Marazion 3 miles. Sennen, Porthcurno and St. Ives all within a short drive.
Upvc double-glazed front door into: Front Porch Frosted glazed door into: Living Room 4.8m x 4.9m Stairs rising, radiator, Upvc window to front, feature granite former fireplace to one wall.
Power points. Kitchen/Diner 4.9m x 2.95m Upvc door to rear and Upvc window to rear. Boiler, space for gas cooker, sink and drainer, extractor. Eye and base level cupboards. Power points.
First Floor Landing Access to loft space. Door to storage cupboard.
Bathroom 1.98m x 2.08m Frosted Upvc window to rear, radiator, wash hand basin, w/c, bath with shower over, extractor.
Bedroom 2 3.23m x 2.82m Upvc window to rear, radiator, built-in wardrobes to one wall. Bedroom 1 2.97m x 4.83m Upvc window to front, radiator.
Bedroom 3 2.16m x 2.2m Upvc window to front, radiator. Garage Outside to Rear There is a paved and gravelled garden with fence boundary. Gate to rear. Tap.
To the Front Pretty frontage, paved path to front door, raised beds. Council Tax: Band C. Services: Electric, gas, mains water and drainage.
Broadband: We understand from Openreach that Full fibre broadband is available to the property with a download speed of 1600 Mbps and an upload speed of 115 Mbps.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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.
Area
Agent & docs
FAQ
About Ivy Lane, Alverton, Penzance, TR18
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