1-bedroom house · TR20 8UX
For saleListed 70 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Offered to the market with no onward chain is this self contained chalet with attached wood store and garage. Furthermore there is a studio space with offices, kitchen and a sun room.
The property is nestled within pretty grounds that are bordered by mature trees and shrubs with the sounds of a meandering stream passing nearby.
Located within the grounds is a timber shed with adjoining garage along with a greenhouse and chicken coop. This is certainly a very individual property so an early inspection is highly recommend.
It should also be noted that the adjacent property with Garages and a one bedroom flat is also for sale.
Location Newmill is a peaceful, rural hamlet nestled in a lush valley roughly two miles north of Penzance, within the civil parish of Madron.
Defined by historic granite stone cottages, wooded paths and winding country lanes, the settlement developed around traditional watermills along the nearby stream.
Situated along the route heading north towards Zennor and the rugged Penwith coast, it sits within an Area of Outstanding Natural Beauty, making it a scenic, peaceful gateway to ancient moorland sites such as Men-an-Tol and Lanyon Quoit.
Covered seating area Doors to The Chalet and Sun Room. Sun room - 7.15m x 1.98m (23'5" x 6'5") Windows to front. Tiled flooring. Door to walkway, further door to...
Studio - 7.29m x 2.7m (23'11" x 8'10") Windows to front gaining light from the sun room. Power and light. Two radiators. Opening to... Kitchen - 2.67m x 1.86m (8'9" x 6'1") Window to rear.
Stainless steel double sink and drainer with cupboards below. Opening to... Office one - 2.9m x 2.69m (9'6" x 8'9") Window to rear. Door to... Office two - 2.73m x 2.38m (8'11" x 7'9") Window to rear.
Door to utility area. Walkway Freestanding oil fired boiler. Shelving. Access to... Utility Space for washing machine and tumble dryer.
Door to garage (For sale under Newmill Garage and Flat) the chalet - 4.05m x 3.54m (13'3" x 11'7") Small lobby with door to shower room/WC.
Opening to the living/sleeping area with two windows to front. Further window gaining light fro the wood store. Kitchen area with stainless steel sink and drainer with cupboards and drawers below.
Two radiators. Attached wood store - 4.41m max x 3.8m max (14'5" max x 12'5"max) Windows to front and rear. Wall mounted tap. Door to...
Attached store - 3.68m x 3.59m (12'0" x 11'9") A further useful storage area with opening to... Attached garage - 6.49m x 4.01m (21'3" x 13'1") Roller door to front. Windows to side and rear.
Power and light. Outside Access is either via a metal gate adjacent to the garage or by a wooden gate a little further up the road.
Small driveways then bring you into a pleasant green space which is bordered by mature shrubs and tress with the sound of the ambling stream passing by.
There is a greenhouse and chicken coop along with access to The Chalet and outbuildings along with... Shed - 3.05m x 2.98m (10'0" x 9'9") Wooden doors to front. Windows to sides. Door to...
Attached garage - 8.26m x 4.4m (27'1" x 14'5") Roller door to front. Windows to front and sides. Power and light.
Agents notes Property Type & Construction: Solid brick, as built, no insulation (assumed) | Electric: Mains | Water: Mains | Drainage: Private | Heating: Community scheme | Broadband: Fttc | Mobile Coverage: None | Parking: Off Street | Restrictions/Covenants: No | Rights of Way/Easements: Yes, for neighbour | Flood Risk: No | Coastal Erosion Risk: No | Planning Permission: No | Accessibility/Adaptations: No | Coalfield/Mining Area: Historic tin mining area | aonb/Conservation Area/Listed: aonb | Local Authority: Cornwall County Council | Property orientation from front: Northeasterly | Viewings - By appointment via Andrew Exelby Estate Agents These sales particulars should act as a general guide.
We have not carried out a detailed survey, nor tested services, appliances, and/or specific fittings.
Some data above is dependent upon third party suppliers and responses were correct at the time of listing.
Measurements and floorplans are a guide and should not be relied upon for carpets, furnishings, etc.
If there are any important matters, which are likely to affect your decision to buy, please contact us before viewing this property.
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.
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