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See how verdicts work3-bedroom house · TR20 8YN
Listing removedReduced £20k (−16.7%) on 7 JulListed 476 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Service charge (For Leasehold tenure): £2303.84 per year. Ground rent (For Leasehold tenure): £532.65 per year.
A mid terraced three storey granite barn conversion offering three bedroom accommodation with rural views and parking in a popular location on the outskirts of Penzance near St Ives and Marazion.
Stable Cottage is a three bedroom holiday home enjoying a very pleasant situation on the outskirts of the Kenegie Manor holiday park offering accommodation to comprise of three bedroom, one being ensuite, family bathroom and open plan living room/kitchen.
The property has easy access to communal gardens, swimming pool, sauna, tennis court and the clubhouse and the park is approximately 1.5 miles from Penzance with access to nearby St Ives, open countryside and the beaches surrounding Mounts Bay.
The property offers an excellent investment opportunity and viewing is highly recommended.
Property additional info Double glazed patio door with glazed side panels to: Open plan living room / kitchen: 18' 11" x 15' 7" narrowing to 9' 9" (5.77m x 4.75m - 2.97m) Double glazed window to the rear, feature granite wall, night storage heater, wall lights, tv point.
The kitchen area is fitted with base and wall units with work surface and tiling over, single drainer stainless steel sink unit, space for electric cooker and fridge.
Door to: Hallway: Double glazed door to rear, stairs rising with cupboard under. First floor landing: Double glazed window to the rear, stairs rising.
Bedroom one: 12' 2" x 9' 8" (3.71m x 2.95m) Double glazed window to the front with rural valley views, night storage heater, wall light, cupboard housing hot water tank, built in wardrobe.
Bedroom two: 9' 0" x 6' 6" (2.74m x 1.98m) Double glazed window to the front with aforementioned views, night storage heater, wall light, built in wardrobe.
Bathroom: Extractor fan, panelled bath with mixer shower over, w.c., pedestal wash hand basin, shaver socket and light.
Second floor: Bedroom three: 13' 6" x 13' 0" (4.11m x 3.96m) Night storage heater, two Velux windows to the front, built in wardrobe, storage into eaves, wall light.
Door to: Ensuite: Extractor fan, fully tiled shower cubicle with electric shower, wash hand basin, low level w.c. Outside: There is a raised patio area to the front.
Lease: Remainder of 999 year lease setup 31st March 1989.
Charges: Annual charges: Service charges: £2,303.84 plus VAT Ground rent: £532.65 + VAT Water and sewage: £441.46 + VAT Annual road charge: £449.08 + VAT services: Mains electricity, private water and drainage.
Directional note: From Penzance, proceed in an easterly direction passing Chyandour Square.
Take the next left signposted Gulval and St Ives, follow this road through the village of Gulval and after approximately 1/3rd of a mile the entrance to Kenegie Manor can be found on your left hand side.
Follow the road to the left of the Manor House whereby The Barns can be found to the rear of the main building.
Agents note: We understand from Openreach website that Superfast Fibre Broadband (fttc) is available to the property. We tested the mobile phone signal for O2 which was good.
The property is constructed of granite under a slate roof. The property has a 12 months holiday occupancy close with maximum of 28 days for each stay. Roof type: Slate tiles.
Mobile signal/coverage: Good. Construction materials used: Others. Water source: Others. Electricity source: National Grid. Sewerage arrangements: Domestic/small sewage treatment plants.
Heating Supply: Central heating (electric). Broadband internet type: Fttc (fibre to the cabinet). Parking Availability: Yes.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 Stable Cottage, 6 The Barns, Kenegie Manor, Gulval
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