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See how verdicts work4-bedroom detached house · TR3 7DW
For saleReduced £100k (−7.7%) on 26 OctListed 420 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SETTING THE SCENE Crosspost Farm is situated in a sheltered setting within an area of undulating countryside and within easy reach of the villages of Stithians and Ponsanooth, both of which are well served with a range of local facilities.
The area is also known for its large reservoir which offers all manner of excellent facilities for the water sports enthusiasts and keen fishermen.
Nearby, Perranwell is an attractive village with many facilities that include a village pub and a well-respected junior school, as well as the village cricket club.
Just a few minutes drive away are the renowned waters of the Carrick Roads, accessible at Restronguet Creek, popular with all manor of water sports enthusiasts, particularly sailors and kayakers.
The picture perfect Pandora Inn at Restronguet Creek is also a highly favoured stop off point for people, on a fine summer's evening.
The sailing enthusiast will also be excited by nearby Mylor Harbour and Falmouth which offer fantastic facilities for sailing, as well as beautiful beaches.
Falmouth also offers a wonderful range of bars and fine eateries as well as an excellent range of shops.
Truro is the county capital and the main administrative centre, as well as having excellent schools and shopping facilities.
HISTORY Crosspost Farm adjoins and was formerly part of the neighbouring Pengreep Estate, which was built in the early 18th century by the wealthy Beauchamp family and remained in the same family until 2024 when it was sold for the very first time.
THE TOUR On the south west corner of the Pengreep Estate and with its own private drive from the Stithians side of the estate, a very attractive double-fronted period four bedroom detached farmhouse of approx 2000 sq ft, with mellow stone elevations and sash windows under a hipped slate roof.
Behind the pretty facade, this classically proportioned house has a spacious open-plan kitchen-dining room, perfect for modern family living, with wonderful slate-flagged floor, a wood burner and oil-fired AGA.
A sitting room with open fireplace links from this room and on the first floor you will find four bedrooms and two bath/shower rooms.
A rear hall on the ground floor gives access to a boot room and cloak/wc.
There is a large lean-to utility/store adjoining the west elevation and an open lean-to log store on the east side of the house.
STEP OUTSIDE This pretty house has a small walled garden immediately to the front, separating the house from the front paddock, which is '-L-shaped' and adjoins the private access drive.
The drive leads up to the rear of the house, where there is plenty of parking and turning space. Below the house is a detached carport/tractor shed, and then across the lane stables and tack room.
Adjoining the west paddock, a detached two-storey stone barn is set around a courtyard with two single-storey barns.
PLANNING NOTE Planning has recently been granted to convert the two story barn into a residential unit and the single story barn into a home office, gym, games room or workshop.
The full planning documents can be found on the Cornwall Council website using reference PA25/05270. SERVICES Mains electricity, private water and drainage and oil fired central heating.
BT broadband Please be aware we cannot confirm that all these services comply with current regulations DISTANCES (all distances approximate) Ponsanooth 1.4 miles, Stithians: 1.5 Miles, Devoran: 4 Miles, Falmouth: 5.5 Miles, Mylor Yacht Harbour: 7 Miles, Truro: 8 Miles, Newquay Airport: 27 Miles WHAT3WORDS LOCATION ///hike.poppy.airbrush EPC E COUNCIL TAX BAND D
Value & comps
No previous sales on record.
Returns
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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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