2-bedroom terraced house · TR18 2DF
For saleListed 38 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A conveniently located two-bedroom freehold terraced house, within close reach of Penzance town centre, making the property's location particularly appealing for those wanting shops, cafés, restaurants, local amenities and the bus and railway stations close at hand.
The property is empty and ready for its next owner, offering an excellent opportunity for a first-time buyer, investor or anyone looking for a conveniently located home within close reach of the amenities.
The front door opens into an entrance vestibule, leading into the hallway with access to the principal rooms. The lounge/dining room provides a comfortable living space.
To the rear is the kitchen, with space for the usual appliances. On the first floor are two bedrooms and the family bathroom, which is fitted with a corner shower.
The principal bedroom is a particularly good-sized room, benefiting from two windows which provide plenty of natural light, together with useful built-in wardrobes.
To the rear is a useful outbuilding, providing valuable additional storage or workspace.
There is also an opening to a basement area, which has restricted head height but offers useful additional storage space.
The property benefits from gas central heating and is offered for sale as a freehold property. Mains Electric, Gas, Water and Drainage are connected. Council Tax: Band B.
Broadband: Ofcom indicates that ultrafast broadband is available in the area, and that mobile coverage is good on most networks.
Elevations Entrance Vestibule (0.89 x 0.88 (2'11" x 2'10")) Hall (0.89 x 2.23 (2'11" x 7'3")) Living Room (3.09 x 5.35 (10'1" x 17'6")) Kitchen (1.92 x 2.55 (6'3" x 8'4")) Stairs & Landing (0.82 x 2.86 (2'8" x 9'4")) Bedroom 1 (3.50 x 2.50 (11'5" x 8'2")) Bedroom 2 (2.43 x 2.75 (7'11" x 9'0")) Bathroom (1.90 x 2.49 (6'2" x 8'2")) Courtyard, Out Building & Basement
Value & comps
No previous sales on record.
Returns
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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 12, Gwavas Street, Penzance
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