3-bedroom house · TR18 2RG
For saleListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented end of terrace and much improved family home, situated close to the town centre.
The property has undergone a high level of improvement by the present vendors, including the installation of solar panels with battery backup, external insulation (both done after the most recent EPC) and a full re-landscaping of the corner gardens.
The property would ideally be suited for a young family and those that are working from home.
The accommodation comprises of kitchen/dining room, living room, sun room, shower room and further utility area on the ground floor.
There is an enclosed courtyard to the rear with outside toilet and leading to a timber workshop/studio to the rear. There are three bedrooms and a shower room on the first floor.
A particular feature of the property are the corner gardens which are laid to areas of wildflower gardens to create a cottage style feature.
There are various ponds, raised terrace and former garage, which has now been converted into a large greenhouse with raised vegetable beds.
The property enjoys sea views from the sun room and is conveniently located for all the amenities there are in the town of Penzance. Viewing is highly recommended.
Property additional info Double glazed door into: Living room: 11' 5" x 11' 4" (3.48m x 3.45m) Stairs rising with cupboard under, painted wood floor, built in cupboard and bookshelves, double glazed window to front, radiator.
Kitchen/dining room: 18' 6" x 11' 10" (5.64m x 3.61m) Double glazed bay window to front and double glazed window to rear, radiator, painted wood floor, range of base and wall units with wooden worksurfaces over, single drainer stainless steel sink unit, space for gas cooker with extraction fan.
Doors from living room into: Sun room: 10' 8" x 6' 1" (3.25m x 1.85m) Glazed to three sides, double glazed doors to front and rear.
Shower room: Corner shower cubicle with electric shower over, double glazed window to rear, low level WC, wash hand basin with cupboards under, heated towel rail, shaver light and point.
Utility room: 5' 5" x 4' 5" (1.65m x 1.35m) Plumbing for washing machine, double glazed window to rear, base units with rolltop worksurfaces over, stainless steel sink unit.
First floor landing: Access to loft, double-glazed window to rear. Loft room: 21' 10" x 17' 0" (6.65m x 5.18m) Fully boarded.
Bedroom one: 11' 1" x 7' 10" (3.38m x 2.39m) Double glazed window to front, radiator, alcove wardrobe, ornate fireplace (not used).
Bedroom two: 10' 9" x 8' 2" (3.28m x 2.49m) Double glazed window to front, radiator, alcove wardrobe, further built in wardrobe, ornate fireplace (not used).
En suite shower room: Corner mains shower cubicle, double glazed window to rear, low level WC, wash hand basin with cupboard under, radiator.
Bedroom three: 7' 6" x 7' 8" (2.29m x 2.34m) Double glazed window to rear, radiator. Outside: To the rear of the property there is an enclosed courtyard with outside WC, which leads to the workshop.
Closed gardens to two sides of the property which have been designed by the present vendors to give areas of privacy, fully established with patio area, three wildlife ponds, raised vegetable beds, wooden sheds.
There is also a greenhouse, which was previously the garage which is 23' 3" x 8' 7" (7.09m x 2.62m), with raised vegetable beds and irrigation system.
The greenhouse could be removed to create off street parking if so required.
Workshop/studio: 11' 7" x 5' 7" (3.53m x 1.70m) Two double glazed windows overlooking enclosed courtyard, power point, fully insulated. Services: Mains water, electricity, gas and drainage.
Solar Panels with battery. Directions: Via "What3Words" app: ///actor.clouding.stub 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 block under a concrete tiled roof. Roof type: Concrete roof tiles. Mobile signal/coverage: Good.
Construction materials used: Brick and block. 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). Parking Availability: No.
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
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FAQ
About 9 Penalverne Drive, Penzance
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