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See how verdicts work1-bedroom flat · TR18 2TB
No longer listedListed 133 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well -presented retirement apartment set on the ground floor. The property is in very good condition with one bedroom and enjoy a pretty outlook.
There are communal gardens to relax in and a parking space maybe available by application. Situated in Trafalgar Court which was built in 2005 and is made up of 38 properties.
The complex has a lot to offer including: residents' lounge, day time house manager, laundry, library, 24hr emergency care line, lift to all floors, communal gardens, gated parking and a guest suite.
Over 60’s only. Lease details 125 year lease created 2004. Maintenance/service charge for 25/26 approx £4,000.00 per annum including ground rent.
The market town of Penzance and its working harbour lies in a sheltered corner of Mounts Bay in South West Cornwall.
The town offers all amenities including: schools, doctors, churches, banks, shops, restaurants and the famous Jubilee pool and Morrab gardens. The neighbouring town of Newlyn is approx. 1 mile away.
Marazion 3 miles. Sennen, Porthcurno and St. Ives all within a short drive. Entrance Hall Front door into entrance hall. Power-points, door to cupboard with shelf and electrics.
Door to larger cupboard housing the boiler and storage. Lounge/Dining Room 6.4m x 4.37m Night-storage heater.
Power-points, double-glazed door leading to the front of the building and into the communal outside garden. Window to side.
French doors into- Kitchen 2.44m x 2.16m Double-glazed window to front.
Tiled floor, wall mounted electric heater, fitted kitchen comprising of a range of cupboards and drawers with work-top surfaces over.
Sink and drainer, tiled splash-back, integrated electric hob and oven with extractor over. Integrated fridge-freezer, power-points.
Bedroom 2.57m x 4m Double-glazed window to front, storage, power-points, fitted wardrobe. Council Tax Band B. Services Electric, mains water and drainage.
Broadband We are advised by the Openreach website that Ultrafast full fibre is available with a download speed of 1800 Mbps and an upload speed of 120 Mbps.
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 Trafalgar Court, Penzance, TR18
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