2-bedroom house · TR18 4BS
For saleListed 107 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a popular area of Penzance and within close proximity of Penzance Town and the Harbour. The accommodation comprises of lounge and kitchen on the ground floor.
Two bedrooms and bathroom on the first floor. There is a communal garden to the rear. The property is gas centrally heated throughout and would make an excellent investment/first time buy.
Property additional info Wooden door into: Living room: 13' 8" x 9' 8" (4.17m x 2.95m) Radiator, single glazed sash window, shelved alcove, understairs storage cupboard.
Kitchen: 9' 9" x 8' 7" (2.97m x 2.62m) Radiator, gas combination boiler, range of fitted wall and base units, UPVC double glazed window, sink and drainer, inset oven and gas hob, door to garden.
Stairs from living room to: First floor landing: Radiator, loft access. Bedroom one: 13' 9" x 9' 10" (4.19m x 3.00m) Single glazed sash window, radiator, wooden mantle.
Bedroom two: 8' 7" x 5' 9" (2.62m x 1.75m) UPVC double glazed window, radiator, built in wardrobe.
Bathroom: Bath, low level WC, wash hand basin with cupboard below, double glazed window, extractor fan. Door from kitchen to: Outside: Communal garden laid to patio, variety of shrubs and plants.
Services: Mains water, electricity, gas and drainage.
Directions: Via "What3Words" app: ///moss.waddle.warned agents notes: 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: Direct mains water. Electricity source: National Grid. Sewerage arrangements: Standard UK domestic. Heating Supply: Central heating (gas).
Broadband internet type: FTTP (fibre to the premises). Parking Availability: No.
Value & comps
No previous sales on record.
Returns
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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.
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