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See how verdicts work4-bedroom house · PL26 6SB
For saleReduced £24.9k (−5%) on 29 SepListed 422 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hunkin Homes are delighted to be able to offer to the market, this deceptively spacious, four double bedroom home in the heart of Mevagissey with gardens and parking.
With the option of creating a self-contained annex, this impressive home offers buyers an additional income potential. The property also benefits from a generous, private low maintenance garden.
Upon entering the property, you are met by a sunny south facing conservatory, an ideal place for enjoying the sun and taking in a good book.
From here, the hall leads into the property with doors to all of the rooms.
The living dining room is located to the rear and offers a generous lounge space with a feature Cornish stone wall and multi fuel burner built in.
The opposite end of the room provides plenty of space for a dining area and offers a large window overlooking the rear garden.
This impressive room makes for a fantastic entertaining space and could host a good number of guests.
The kitchen is adjacent to this and offers a wide range of fitted units and has space for appliances. This room also has a larder cupboard and a door to the rear passageway.
The master bedroom is located to the rear of the property and benefits from dual aspect windows, a dressing area and its own en-suite shower room with WC and hand basin.
Bedrooms two and three are virtually identical to one another and are both generous double bedrooms with dressing areas and each benefit from their own en-suite shower room with WC and hand basin.
Bedroom four is located at the opposite end of the property and is a spacious double bedroom with window to the front and space for bedroom storage.
The property also benefits from a smaller room ideal as a home office or small additional bedroom with a window to the front.
Also accessed from this hall is the family bathroom, finished to a high standard this room offers a large near level shower unit, WC and handbasin.
Outside, the property benefits from a large driveway capable of providing off street parking for four cars and gardens to two sides.
The south side is the largest part of the garden and offers a generous gravelled area and two handy storage sheds.
To the west side, the property has a patio area with sunny secluded seating area that catches the last of the evening sun.
The north side has a paved passage leading to the back door and back around to the driveway.
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
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FAQ
About Valley Side, St. Austell
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