11-bedroom detached house · PL14 4AA
For saleListed 49 days
Opportunity summary
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About
Trehawke House is a unique investment opportunity comprising 8 individually titled apartments within a beautifully restored Grade II listed building.
With potential combined rental income of approximately £80,000 pa, the property offers flexibility to retain as one income producing asset, continue short term letting or potentially sell apartments individually.
Trehawke House The property provides an investor with considerable operational flexibility.
The accommodation, which extends to 4749 sq ft in total, could be managed as a unified hospitality business, operated as individual residential or corporate lets, or structured around a combination of letting strategies to maximise returns.
The separate legal titles also provide the potential to create value through future asset management or selective disposals, allowing an incoming owner to adapt the property strategy over time.
Its established presentation as boutique accommodation means there is also scope to build on the work already undertaken by the current owners.
The property is currently successfully running as an Airbnb with the seller advising the summer is fully booked with income expected to exceed £100,000 in a 12 month period.
The apartments could also provide independent living hubs, ideal for supported living.
The Apartments Apartment 1 – Two Bedroom Family Apartment | A spacious two-bedroom apartment with modern bathroom and fully equipped kitchen.
Includes the property’s distinctive original vault room and has its own private street entrance. Ideal for families, holiday letting or longer-term occupation.
Apartment 2 – One Bedroom Superior Apartment | A stylish ground floor one-bedroom apartment with double bedroom, modern bathroom, kitchenette and living area with double sofa bed, accommodating up to four guests.
A versatile option for holiday or corporate letting.
Apartment 3 – One Bedroom Deluxe Apartment | Ground-floor one-bedroom apartment offering generous living space, a separate bedroom, modern bathroom and fully equipped kitchen.
Particularly suited to longer stays or guests seeking additional space and accessibility.
Apartment 4 – One Bedroom Deluxe Apartment - A peaceful one-bedroom first floor apartment overlooking a pedestrianised street, with separate kitchen, living and (truncated) Outside The property enjoys a small courtyard area to rear with access to apartment 3 with a fire escape giving access to the first floor.
Just off the courtyard is a store room. Location Liskeard is a thriving market town nestled on the southern edge of Bodmin Moor offering the perfect blend of historic charm & modern convenience.
Steeped in heritage, this picturesque Cornish town features a wealth of period architecture, an inviting town centre with independent shops, cafés & essential amenities, all within easy reach.
With excellent transport links, including the mainline railway station with direct services to Plymouth, Exeter & London Paddington, Liskeard is an ideal base for commuters & those looking to explore the wider South West with Looe on the south coast 7 miles.
Directions What3Words:// acquaint.straw.slices Material Information Tenure: Freehold.
8 apartments all separately titled Services: Mains electricity, water and drainage Rights & Restrictions: Grade II Listed.
Former Natwest Bank with listed buildings consent for change of use of former bank into 8 apartments, planning ref: PA21/10722 dated April 2022.
Seller advises pcc obtained Parking: Permits to various local carparks can be obtained via Cornwall Council Council Tax: Apartments 2,3,4,6 & 8 Band A Apartments 1,5 & 7 Band B EPC's - 7 x C, 1 x D Cornwall is a radon and mining county
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 Trehawke House,, Dean Street, Cornwall
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