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See how verdicts work2-bedroom house · TR2 4QT
For saleReduced £10.1k (−3.9%) on 21 SepListed 194 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Pretty cornish cottage, that has been completely renovated, in the heart of the popular village of grampound, within easy reach of the roseland peninsula, st austell & truro, The property has been renovated to A high standard, oozes character & charm, good sized living space, 2 generous double bedrooms, bespoke handmade kitchen, lovely courtyard garden & outbuilding/utility.
No onward chain Property: The property started life as the village bakery, it stands out and will be recognised by many with the wonderful large window to the front with lovely window seat, to sit and watch the world go by.
On the ground floor you have an entrance hallway with slate floor, door to the left which leads through into the lounge, feature fireplace with log burner, shutters opening up to the window seat, wall panelling, understairs storage, alcove shelving, and door out to the rear courtyard garden.
The kitchen/dining room is beautiful, with a range bespoke handmade, shaker style base and wall units, space for fridge & freezer, oven, and hob with extractor over, Belfast sink with mixer tap over, breakfast bar, solid wooden worktops, panelled walls and built in storage.
The first floor offers two generous double bedrooms, which are light and airy with beautiful sash windows to the front and to complete this floor a modern new yet traditional bathroom.
Externally: The rear courtyard garden is enclosed, private, and enjoys the sun until early evening. It is a good space, paved for low maintenance and a real sun trap.
It has the benefit of a stone outbuilding with utility area, plumbing, and space for washing machine.
Location: Grampound is a popular village and conveniently a short drive away from the city of Truro and St. Austell.
Grampound offers a comprehensive range of facilities including a village store & coffee shop, post office, public house, church, playing field/park and pre-school/primary school.
The property is in the catchment area of The Roseland Academy, which has been rated as outstanding by Ofsted and in the top 5% of schools nationally.
Probus is a short drive away which offers doctors surgery, local shop, garage, farm shop, fish and chip shop, Chinese take away and Indian restaurant.
The City of Truro is around 8 miles and St Austell about 6 with a regular bus service that connects to both.
The village is also easily accessible to the picturesque Roseland Peninsula, many of the sandy beaches along the south Cornish coast and just 30 minutes’ drive from the north coast of Newquay.
Tenure: Freehold heating & glazing: UPVC double glazing & gas central heating services: Mains water, drainage, gas & electricity.
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.
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About Bakery Cottage, Grampound, Truro
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