5-bedroom house · TR9 6AS
Listing removedListed 104 daysAuction 28 Jul · ended
Opportunity summary
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About
For sale by online auction - Lot 13 - A Substantial 5 bedroom Property Bidding opens: 28/07/2026 12:00 Auction scheduled to end: 30/07/2026 14:26 A substantial Grade II listed five-bedroom period residence arranged over three floors with private garden and outbuilding A rare opportunity to acquire a substantial Grade II listed five-bedroom period residence arranged over three floors, occupying a central position within this popular Cornish town.
Offering spacious and versatile accommodation, the property retains a wealth of original character including fireplaces, sash windows and exposed timber floorboards, while now requiring refurbishment and modernisation to unlock its full potential.
The accommodation extends to five bedrooms, generous reception space, a large bathroom and kitchen, with attractive views from the upper floors towards the church and surrounding countryside.
Outside, there is an enclosed rear garden together with a useful detached outbuilding/workshop.
Held on a 999-year lease from completion at a ground rent of £1 per annum, the property is offered with vacant possession and represents an excellent opportunity for owner-occupiers, investors or developers seeking a substantial period property with significant scope for improvement.
Tenure: Advised Leasehold- to be verified by solicitor Held on a 999-year lease from completion at a ground rent of £1 per annum Tenancies: To be sold with vacant possession
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 2, Broad Street, St. Columb
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