3-bedroom house · TR9 6NT
For saleReduced £10k (−4.3%) on 20 OctListed 337 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Fantastic Opportunity in a Prime Central Location This semi-detached home offers tremendous potential for anyone looking to put their own stamp on a property.
With 3-4 bedrooms, it provides living space ideal for families, home workers, or those needing extra room.
The ground floor features a separate lounge, dining room, kitchen, and utility room, giving the house a well-designed layout and the chance to reconfigure or modernise to suit your lifestyle.
While the property requires a generous amount of updating, it represents an exciting project for renovators or buyers seeking to create their dream home.
Outside, you’ll find a good-sized garden, along with a garage and driveway, offering excellent storage and parking options.
Situated in a highly convenient central location, this home is close to local amenities, schools, and transport links - making it a brilliant investment and a rare opportunity not to be missed.
Indian Queens is a well-connected and friendly village in mid-Cornwall, offering a relaxed rural feel with excellent access to the A30.
The area provides convenient local amenities including a primary school, village shop, and community spaces, while being just a short drive from Newquay, St Austell, and beautiful Cornish countryside.
With its strong sense of community and central location, it’s a great place for families and anyone seeking a peaceful but accessible Cornish setting.
Porch (1.92m x 0.82m) Lounge (3.25m x 2.99m) Hall (1.49m x 5.34m) Dining Area (3.55m x 3.11m) Utility Room (2.12m x 3.05m) Kitchen (2m x 3.62m) Garage (2.24m x 7.84m) Bedroom (2.68m x 5.73m) Bedroom (2.62m x 2.86m) Bedroom (2.72m x 2.27m) Bedroom (1.84m x 2.87m) Bathroom (2.1m x 3.62m)
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
Agent & docs
FAQ
About Penwerris,, Fraddon, Cornwall
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