4-bedroom house · TR18 2AG
Listing removedListed 91 days
Opportunity summary
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About
A beautifully presented and much improved by the present vendors, four bedroom terraced three storey property, situated within close walking distance of the main shopping centre of Penzance and the Promenade.
The accommodation comprises of three double bedrooms, a single bedroom, large family bathroom with separate shower cubicle and cloakroom on the first floor.
On the ground floor there are two large reception rooms, cloakroom, breakfast/dining room, sun room, large kitchen and separate utility room.
There is a further bedroom on the second floor, and the property has a small garden to front and an enclosed courtyard to the rear, is fully double glazed and gas centrally heated throughout and will make an ideal family home.
An internal viewing is highly recommended.
Property additional info Double glazed door into: Hallway: Dado rail, ceiling cornice, further stained glass door with stained glass skylight over into the: Main hallway: Stairs rising, dado rail, ceiling cornice, radiator, storage cupboard under stairs, smoke alarm, painted wood floor, doors to: Lounge: 14' 0" x 12' 0" into bay window (4.27m x 3.66m) Double glazed bay window to front, picture rail, ceiling cornices, fireplace with archway to either side, cupboards below, TV and telephone points, three wall lights, radiator.
Reception room: 12' 5" x 11' 10" (3.78m x 3.61m) Fireplace to one wall, archway recess to either side with cupboards under, two wall lights, picture rail, TV point, ceiling cornices, radiator, painted wood floor.
Dining room: 12' 0" x 9' 4" (3.66m x 2.84m) Feature painted granite wall to one elevation, open doorway to kitchen, double doors to: Sun room: 13' 0" x 7' 10" (3.96m x 2.39m) Radiator, door and window to rear courtyard, glass roof, painted wood floor.
Kitchen: 18' 5" x 8' 9" (5.61m x 2.67m) Fitted with a range of base and wall mounted units with roll top worksurfaces, complementary wall tiling over, one and a half bowl stainless steel sink unit, two UPVC double glazed windows overlooking the rear garden, skylight, integral fridge, two freezers, dishwasher, fitted electric range cooker with stainless steel canopy extractor fan over, ceramic tiled floor, doorway into: Rear lobby: Tiled floor, electric heater, UPVC double glazed door to outside, further door to cloakroom, vanity wash hand basin, low level WC, extractor fan, door from rear lobby leads to: Utility room: 10' 3" x 8' 5" (3.12m x 2.57m) Fitted with a range of base and wall mounted units with rolltop worksurfaces and complementary wall tiling over, space for washing machine, single drainer stainless steel sink unit, UPVC double glazed window overlooking courtyard, ceramic tiled floor.
First floor: Radiator, dado rail, painted wood flooring, piv system, doors to: Bedroom one: 11' 7" into bay window x 11' 3" (3.53m x 3.43m) UPVC double glazed bay window to front, radiator, recess to one wall, stripped wood floor.
Bedroom two: 13' 4" x 12' 5" (4.06m x 3.78m) UPVC double glazed window to rear, radiator, wood floor.
Bedroom four: 8' 8" x 7' 0" (2.64m x 2.13m) UPVC double glazed window to front, fitted cupboard, radiator.
Cloakroom: Vanity wash hand basin, low level WC, fitted cupboard housing recently installed combination boiler, further fitted cupboard to one wall, double glazed window to rear.
Bathroom: Panelled bath, pedestal wash hand basin. Shower cubicle: Radiator, tiled floor, UPVC double glazed window to rear.
Stairs rising from the first floor landing to: Bedroom three: 16' 5" to wardrobe doors x 12' 0" (5.00m x 3.66m) Three skylights to rear, double glazed window to front, radiator, storage into eave space, fitted triple wardrobe to one wall.
Outside: The property is approached over a front garden enclosed by low level block wall and laid to established plant beds.
To the rear is a fully enclosed courtyard containing outside tap and steps leading to pedestrian access onto rear lane. Services: Mains water, gas, electricity and drainage.
Agents notes: We understand from Openreach website that Full Fibre Broadband (FTTP) 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. Water source: Direct mains water. Electricity source: National Grid. Sewerage arrangements: Standard UK domestic.
Heating Supply: Central heating (gas). Broadband internet type: FTTP (fibre to the premises).
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 2 Tolver Road, Penzance
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