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See how verdicts work2-bedroom house · TR17 0AX
For saleReduced £10k (−3%) on 11 AugListed 170 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented terraced house situated on the outskirts of the popular coastal town of Marazion and, at present, is being successfully holiday let by the present owners.
The property has spacious well proportioned living accommodation, which the present owners have maintained to a high standard and is therefore offered for sale in good decorative order throughout.
The accommodation comprises of two large bedrooms and bathroom on the first floor, of which the bedrooms have sea and mount glimpses, there is a kitchen/diner and lounge on the ground floor.
A particularly attractive feature is the enclosed courtyard, which gives access to the summer house and utility shed.
The property also has its own parking space and furniture can be available by separate negotiation.
The property has many character features and it's close to the sea front in Marazion and the present vendors have installed a battery system with low overnight tariff for storage heaters and water heating, which gives the property lower than average running costs.
Due to the popularity of properties such as this and its location, we recommend an early appointment to avoid disappointment.
Property additional info Stable door into: Kitchen/dining room: 14' 0" x 12' 3" (4.27m x 3.73m) Stairs rising with cupboard under, double glazed sash window to front with window seat, slate floor, night storage heater, range of base and wall cupboards with worksurfaces and tiling over, single drainer stainless steel sink unit, spotlights, plumbing for washing machine, dishwasher, space for undercounter fridge, electric cooker, hob set in feature fireplace, door to: Lounge: Beamed ceiling, double glazed sash windows to front with window seat, night storage heater, fireplace to one wall (not used).
First floor landing: Night storage heater, doors to: Bedroom one: 13' 2" x 12' 4" (4.01m x 3.76m) Two windows to front, feature granite wall, open beamed A frame ceiling, electric panel heater.
Bedroom two: 10' 1" x 9' 4" (3.07m x 2.84m) Double glazed window to front with window seat under, open beamed A frame ceiling, electric panel heater, loft storage.
Bathroom: Window to front, underfloor heating, bath with electric shower over, pedestal wash hand basin, WC, extractor fan, shaver light and point, heated towel rail.
Outside: Sunny enclosed courtyard with raised flower borders and sitting area leading to: Summer house: 7' 0" x 6' 5" (2.13m x 1.96m) Double doors, window to side, slate flooring, exposed A frame, power and light.
Further shed: Power and light. Parking space: The property has allocated parking space which is accessed via Praed's Lane. Services: Mains water, electricity and drainage.
Directions: Via "What3Words" app: ///pays.dissolve.noun agents notes: We understand from Openreach website that Fibre to the Cabinet Broadband (fttc) is available to the property.
We tested the mobile phone signal for O2 which was good. The property is built of granite under a tiled roof. Mobile signal/coverage: Good. Construction materials used: Others.
Water source: Direct mains water. Electricity source: National Grid. Sewerage arrangements: Standard UK domestic. Heating Supply: Central heating (electric).
Broadband internet type: Fttc (fibre to the cabinet). Parking Availability: Yes.
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 Jowders, Phillips Court, Marazion
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