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See how verdicts work3-bedroom terraced house · TR18 4SP
For saleReduced £25k (−9.6%) on 27 OctListed 187 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set across three floors, this property offers fantastic potential for those looking to create a home tailored to their own taste.
Ideally positioned in a quiet and private setting, yet just a short, level walk from the town centre, the location perfectly balances convenience with tranquillity.
The ground floor comprises a comfortable living room and a generously sized kitchen/diner. On the first floor, there is a double bedroom, a single bedroom, and a bathroom located to the rear.
The second floor hosts a further bedroom, complemented by a large storage cupboard on the landing.
Externally, the property benefits from a small rear courtyard, offering a low-maintenance outdoor space.
Situated just moments from the beautiful Penlee Park, this home is ideally placed to enjoy nearby green spaces.
Requiring modernisation throughout, this property presents an exciting opportunity for buyers looking to add value and create a bespoke home in a desirable location.
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. Front door into: Entrance vestibule Dado rail, 1/2 glazed door into: Hall Dado rail, picture rail.
Lounge 3.76m x 3.18m Wooden framed double-glazed sash window to front, radiator, picture rail. 2 corner cupboards, power points.
Part glazed door into: Kitchen/Dining Room 7.24m x 4.11m Radiator, understairs cupboard. Stairs rising.
Kitchen - big double-glazed window to rear, frosted double-glazed door to side rear. Fitted kitchen with range of cupboards, and drawers, sink and drainer.
Space for washing machine, and tumble dryer, slimline dishwasher, space for gas cooker, power point, tiled splash. Power points. Stairs to First Floor Landing Radiator, power points.
Bedroom 1 4.3m x 3.68m Wooden framed double-glazed sash window to front, radiator, power points, picture rail. Pretty outlook over North Parade.
Bedroom 2 2.51m x 3.78m Upvc double-glazed sash window to rear, power points, radiator. Bathroom 4m x 1.45m Dual aspect frosted double-glazed window to side, and rear.
Cupboard housing boiler and storage. Bath with shower over, w/c, wash hand basin, heated towel rail.
Stairs to second floor: Landing Door to large storage cupboard, second door to smaller storage. Bedroom 3 2.8m x 3.05m Small Velux, power points, A frames, and beams.
Radiator, door to wardrobe cupboard. Outside Walled yard with rear gate. Washing line, great area to enjoy the afternoon sun. Council Tax: Band B.
Services: Mains gas, electric and mains water and drainage.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Park Corner, Penzance, TR18
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