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See how verdicts work2-bedroom house · TR19 6TA
For saleReduced £25k (−7.1%) on 27 AugListed 191 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lovely sea views over Mousehole village to St Clements Isle from the top floor of this extremely well presented two bedroom character cottage located in a conservation within this popular village and conveniently placed for most amenities.
The property has well proportioned living accommodation over three floors and has been well cared for by the present vendors and really needs to be viewed internally to appreciate to the full.
The cottage has been a successful holiday let and the majority of fixtures and fittings can be made available by separate negotiation if anyone so wished.
This is a fine example of a well kept cottage and we would highly recommend an early appointment.
Property additional info entrance vestibule: Glazed door to: Kitchen / dining room: 13' 0" x 12' 0" narrowing to 9' 0" (3.96m x 3.66m - 2.74m) Belfast sink with cupboard below, range of fitted base units, solid wood work surfaces, beamed ceiling, built in oven, touch control four ringed hob and extractor hood, integral Indesit washer/dryer, fridge and Smeg dishwasher, solid wood flooring, panelling to one wall, understairs storage cupboard, exposed granite wall, electric underfloor heating.
Shower room: Double size shower cubicle with chrome fittings and glazed door, low level w.c.
With concealed cistern, beamed ceiling, wash hand basin, sunken spotlights, heated towel rail, solid wood flooring.
Stairs from kitchen / diner to: first floor living room: 15' 3" x 12' 8" (4.65m x 3.86m) Period style fireplace, beamed ceiling, exposed floorboards, built in cupboard, further built in cupboard with shelving over, tv point, night storage radiator, stable door to granite steps leading down to ground floor.
Stairs to: Second floor landing: Exposed A frames, storage area.
Bedroom one: 12' 3" x 9' 1" (3.73m x 2.77m) Sea views over Mousehole village to St Clements Isle and beyond, exposed floorboards, high pitched ceiling with exposed A frames, feature circular glazed windows, sunken spotlights, electric panel heater.
Bedroom two: 9' 7" x 7' 3" (2.92m x 2.21m) High pitched ceiling with exposed A frames and feature circular windows, sunken spotlights, exposed floorboards, electric panel heater.
Shower room: White suite comprising tiled shower cubicle with chrome fittings and glazed door, wash hand basin, low level w.c., tiled flooring, sunken spotlights.
Services: Mains water, electricity (economy 7) and drainage. Hot water via an 'Oso' mains pressure electric tank.
Directions: Via "What3Words" app: ///lofts.permanent.printers agents note: We understand from Openreach website that Full Fibre Broadband (FTTP) is available to the property.
We tested the mobile phone signal for Vodafone which was intermittent. The property is built of granite under a tiled roof. Mobile signal/coverage: Intermittent. Construction materials used: Others.
Water source: Others. Electricity source: National Grid. Sewerage arrangements: Standard UK domestic. Heating Supply: Central heating (electric). Broadband internet type: FTTP (fibre to the premises).
Parking Availability: No.
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 2 Grenfell Street, Mousehole, Penzance
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