3-bedroom semi-detached house · TR18 2GD
For saleListed 117 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SHARED OWNERSHIP three bedroom house available to purchase from a 40% share from £134,000 with a minimum 5% mortgage deposit of £6,700 Call today to arrange your appointment to view.
A fantastic opportunity to purchase this well-presented three-bedroom semi-detached home, available on a shared ownership basis, situated in the popular area of Penzance.
The property offers well-proportioned accommodation throughout, beginning with a welcoming lounge to the front, providing a comfortable space for relaxation.
To the rear, there is a spacious kitchen/diner, ideal for modern family living and entertaining, with direct access to the garden.
A separate cloak room and utility cupboard provides extra practically.
Upstairs, the property comprises three bedrooms, offering flexibility for family living, guests, or a home office, along with a contemporary family bathroom.
Externally, the property benefits from a private driveway providing off-road parking, and an enclosed rear garden, perfect for outdoor enjoyment.
This home presents an excellent opportunity for buyers looking to step onto the property ladder in a convenient and well-connected Penzance location.
Penzance is a vibrant coastal town situated in the far west of Cornwall, renowned for its rich history, stunning coastline, and excellent local amenities.
Offering a perfect blend of seaside charm and everyday convenience, the town is a popular choice for families, professionals, and those seeking a relaxed coastal lifestyle.
Full Market Value: £335,000 40% Share Price: £134,000 Rent on un-owned share £397.20PCM Service charge -£ 2.15 Estate charge £0.00 Buildings insurance £15.64 Livewest Management Charge £0.00 Reserve fund payment £0.00 Total monthly payment excluding rent £13.49 (these are subject to change during the purchase process) Agents note re mobile signal taken from the Ofcom Website: EE, o2, Three and Vodafone: Good outdoor and in-home
Value & comps
No previous sales on record.
Returns
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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 Buccaneer Street, PENZANCE, Cornwall, TR18
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