3-bedroom house · TR9 6PG
Listing removedReduced £5k (−2.3%) on 14 JulListed 245 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
3 bedroom terraced house in a popular central Cornwall location with all mains services, enclosed rear garden and a outbuilding ideal for a home business also with mains plumbing and electric.
Nestled in the popular village of Fraddon, this terraced house on Parka Road offers an ideal opportunity for first-time buyers, small families, or those looking for a space to work from home.
Fraddon offers local amenities with the very popular Kingsley shopping precinct just 5 minutes away and just a 10 minute drive of Newquay town and its popular beaches.
The property has a small walled frontage with walkway to the front door which opens into a small entrance vestibule and further into the open plan lounge/diner.
The exposed floorboards run throughout downstairs, this room with a deep mahogany stain and under floor heating which also runs through to the kitchen.
Modern spotlights and wall lights have been fitted and the large bay window to the front provides lots of natural light. This also has the staircase ascending to the first floor.
To the rear is the kitchen which has a range of floor and wall mounted beech fronted shaker style kitchen units with integral oven & hob unit and dishwasher with ample recesses for all other expected white goods.
There is also the combination boiler which runs the heating and hot water throughout. To the first floor the landing provides access to 2 large double bedrooms and a small single 'box room'.
There is a fully tiled bathroom with stone effect ceramic tiles running throughout with a full length bath with shower over, pedestal basin and WC.
Outside there is a shared access path that runs to the neighbouring properties with steps up to a fully enclosed gated rear garden where the outbuilding is located.
The garden is mainly unobstructed from the days sun with a large lawned area leading to the concrete hard standing to the rear.
The outbuilding provides the owner with potential for a home office, salon or garden room with plumbing and electric running throughout and is a great addition to the internal space the property offers.
Tenure Freehold Services All mains Council Tax Band A
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.
Area
Agent & docs
FAQ
About 5 Woodland Terrace, Parka Road, St. Columb
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