1-bedroom house · TR20 8UR
Listing removedListed 50 daysAuction 31 Jul · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exciting and rare opportunity to acquire a traditional granite cart house and a detached studio style chalet which includes full residential use and combined now benefit from favourable planning in principle for residential conversion.
The properties enjoy a fabulous sized long garden, a further garden area opposite and parking, all of which is situated within a highly sought after rural location ideally positioned for access to Penzance, local amenities and the stunning beaches of West Cornwall.
A unique development project, subject to all necessary consents being obtainable. Chalet Accommodation Open plan kitchen/living/dining/bedroom area with en-suite shower room and W.C.
Double doors open up onto private garden area.
Outside The former cart house benefits from an area of outside space immediately adjoining the building along with a further area of lawned space directly opposite.
Side access leads to the chalet with a well kept enclosed garden and in turn steps up to a fabulous sized long rear garden offering excellent potential and requiring landscaping.
Planning Permission in Principle has been granted by Cornwall Council under ref: PA26/04331, dated 31st July 2026, for the replacement of 1 dwelling incorporating the conversion of an agricultural building, subject to conditions.
A copy of the Planning Permission and accompanying documents may be downloaded from the Local Planning Authority website, .
Tel: Site measurements The whole grounds extends to 0.08 hectares (0.21 acres).
Auctioneers Note We have been informed by the seller that mains water and electric are connected and readily available and the drainage will be private via a shared septic tank and treatment plant.
Further information will be included within the legal documentation, available to download from the Clive Emson website.
Directions The property can be located via the What3Words app using ///gown.papers.sharp Freehold with Vacant Possession Important: All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.
Price Information *Guides are provided as an indication of each Seller's minimum expectation.
They are not necessarily figures at which a property will sell for and may change at any time prior to Auction.
Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).
We expect the reserve will be set within the guide range or no more than 10% above a single figure guide.
Please check our website regularly at , or contact us on , in order to stay fully informed with the up-to-date information.
*An Administration fee and Other non-optional fees may also be payable in addition to the bid price.
All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.
All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing.
This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty.
If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Pygnoweth, Trevaylor Vean, Gulval, Penzance
Explore nearby