2-bedroom house · TR18 4HP
Sold STCListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the popular residential area of Redinnick Place, Penzance, this charming two-bedroom end of terrace home offers well balanced accommodation and appealing character features, making it an excellent choice for first-time buyers or investors alike.
The property enjoys a token front garden, providing a pleasant approach, while internally the ground floor comprises a welcoming lounge featuring an attractive woodburning stove, creating a cosy and inviting living space.
To the rear is a fitted kitchen, complemented by a separate utility area offering additional practicality and storage.
To the first floor, there are two bedrooms along with a well-appointed family bathroom.
Externally, the home benefits from a private courtyard garden, perfect for low maintenance outdoor seating or entertaining.
Ideally located within easy reach of Penzance town centre, local amenities, and transport links, this end of terrace property combines character, convenience, and potential in a highly sought after location.
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
Agent & docs
FAQ
About Redinnick Place, Penzance, Cornwall, TR18
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