3-bedroom terraced house · TR18 2RQ
For saleListed 38 days
Opportunity summary
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About
This well-proportioned three-bedroom home offers generous and versatile accommodation, together with off-road parking, a rear garden and the benefit of a C-rated EPC.
The accommodation begins with an entrance hall, leading through to the kitchen and a particularly spacious living room.
From here, there is a further reception room offering excellent flexibility and equally suited as a dining room, playroom or additional sitting room.
A bathroom completes the ground-floor accommodation. On the first floor are two good-sized double bedrooms together with a generous single bedroom.
Outside, the property has an attractive frontage, off-road parking and an enclosed garden to the rear.
The property would benefit from some cosmetic improvement, principally redecoration and new floor coverings, allowing the next owner to put their own stamp on the house without the need for major renovation.
Penalverne Place is on the fringe of Penzance town centre. Walking distance to all local amenities such as the leisure centre, doctors, public library and local shops.
Penzance is at the heart of the tourist area of Penwith in West Cornwall with many attractions including, boutique shopping, character pubs and restaurants, parks, gardens plus wonderful coves and sandy beaches linked by the coastal footpath.
Upvc front door into: Entrance Hall Power points. Stairs rising. Radiator. Lounge 5.5m x 3.35m Double-glazed Upvc window to front, 2 radiators.
Electric fire with surround and mantle. Power points. TV aerial. Dining /Play area 1.83m x 1.83m Upvc double-glazed window to rear, radiator. 1/2 Glazed Upvc door to rear.
Kitchen 1.52m x 4.85m Fitted base and eye level units with wooden worktops over. Sink with worktop and drainer. Induction hob with extractor over.
Integrated fridge/freezer, Siemens integrated oven, and grill. Siemens integrated dishwasher. Cupboard housing consumer unit. Tiled floor. Radiator.
Upvc double-glazed window to front, Upvc double-glazed 1/2 glazed door to side. 2 Pull-out drawers. First Floor Landing Loft access. Power points. Glass window to rear.
Bedroom 1 4.85m x 3.38m Large Upvc window to front, and large Upvc window to rear. Power points, radiator.
Bedroom 2 3.35m x 2.16m Upvc double-glazed window to front with distant rooftop views, power points, radiator. Cupboard housing boiler.
Bedroom 3 2.13m x 2.4m Double-glazed Upvc large window to rear, power points, radiator. Shower Room 1.52m x 2.46m Space and plumbing for washing machine. Tiled floor.
W/C, large walk- in shower with hand-held and water fall head. Heated towel rail, heater, wash hand basin. Upvc frosted window to rear, extractor. Power point.
Outside to Front There is driveway with parking for 1 car. Steps upto gate with access onto rear. Mature plants and shrubs. Outside to Rear Washing line. Paved area. Shed.
Well established shrubs, and trees. Fence marking the boundary, decked area. Services: Electric, mains water and drainage. Mains gas. Council Tax: Band B.
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 Penalverne Place, Penzance, TR18
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