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See how verdicts work2-bedroom flat · TR19 7EF
For saleListed 103 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Gaining wonderful views over the rugged countryside to the sea, this two bedroomed first floor flat is being sold with no onward chain.
Offering a spacious lounge and kitchen which gain the sea views, there are also two bedrooms and the bathroom.
We feel this makes a fabulous first home from which to explore the beautiful coastline and coastal footpath.
This property is being sold with a Section 157 restriction that requires buyers to have lived or worked in Cornwall for the last three years.
Pendeen is near the coast and has a historic reputation for smuggling activities, it is also near the World famous Geevor tin mine.
The South West Coast Path is less than a mile away in addition to a number of local footpaths for exploring the surrounding countryside and rugged coastline in this area of outstanding natural beauty.
St Just lies three miles away and has a wide range of retail outlets along with primary and secondary schooling, a doctor's surgery and Cape Cornwall Golf Club with its spectacular scenery and eighteen hole golf course.
Penzance, the largest town in West Cornwall lies approximately eight miles away, here you will find the mainline railway and a wide range of retails outlets, along with a beautiful promenade which takes in the stunning sea views over Mount’s Bay.
Accommodation Comprises Double glazed panel front door to:- Entrance Hall Wall mounted consumer unit. Smoke alarm. Door to:- Inner Hall Electric heater. Access to loft.
Doors to:- Shower Room Independent shower cubicle housing electric shower, low level WC and pedestal wash handbasin. Obscure double glazed window to side.
Kitchen (10' 8'' x 6' 9'' (3.25m x 2.06m) plus door recess) Fitted with a matching range of light wood effect wall and base cupboards with roll edge worksurfaces over.
Stainless steel single drainer sink unit. Space for cooker. Space for fridge/freezer. Double glazed window to side gaining sea view. Electric heater.
Lounge (12' 6'' x 12' 1'' (3.81m x 3.68m) maximum measurements) Double glazed window to side enjoying views to the sea. Cupboard housing immersion. Electric heater.
Bedroom One (12' 4'' x 10' 4'' (3.76m x 3.15m)) Double glazed window to front. Electric heater. Bedroom Two (11' 7'' x 7' 4'' (3.53m x 2.23m)) Double glazed window to front. Electric heater.
Outside To the rear of the property there is an allocated garden area. Leasehold Information The property will be sold with new 999 year lease.
The service charge is currently £6.46 per annum and the buildings insurance is £152.58 per annum. Services Mains electricity, mains drainage and mains water.
Agent's Note The Council Tax band for the property is band 'A'. Directions From Pendeen Spar shop proceed westerly on the B3306 and then turn right on to Boscaswell Road.
Take the second left turn on to Moorland close and the property will be seen on the left hand side. If using What3words:- resonated.ever.tenses
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
Agent & docs
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FAQ
About 52a, Moorland Close, Penzance
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