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See how verdicts work4-bedroom terraced house · TR10 8ED
For saleReduced £17k (−5.9%) on 8 OctListed 64 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property Accessed via a charming opeway off Higher Market Street, Helmscott is a characterful four-bedroom Grade II listed home offering generous accommodation and a wealth of period charm.
Stepping through the front door, you're immediately struck by the impressive proportions of the rooms.
The welcoming farmhouse-style kitchen provides ample space for a large dining table and a freestanding fridge freezer, making it an ideal hub for family life.
Beyond the kitchen is the spacious living room, which benefits from a large storage area and a convenient downstairs WC.
Leading off the living room is a versatile ground-floor double bedroom with plenty of space for furniture and storage.
An impressive feature window overlooking the street is a reminder of the property's fascinating history as a former butcher's shop.
Upstairs, the generous principal bedroom enjoys a bay window to the front and retains its original wooden floorboards, adding to the home's character.
There are two further well-proportioned double bedrooms, one of which houses the Glow-worm gas combination boiler serving the gas-fired central heating system.
Completing the first floor is the family bathroom, fitted with a bath and shower over.
Overall, Helmscott is a deceptively spacious and characterful home that would make an excellent family residence, first-time purchase or buy-to-let investment.
The location Helmscott is located on Higher Market street, entered via an opeway and near the centre of this historic market town.
Penryn has an active community and good everyday facilities including nursery, primary and secondary schools.
The town enjoys good communication with Falmouth via its bus service and train station, which links to Truro City and mainline Paddington.
Penryn is enjoying something of a renaissance being the home of the University of Cornwall which incorporates Dartington College and also of the regeneration and development of Penryn’s inner Harbour and Harbour village.
Penryn College is a huge asset to the town, with its strong reputation and excellent facilities.
Falmouth town (approximately 2 miles) provides comprehensive shopping, schooling, business and leisure facilities together with a harbour and blissful seafront and beaches.
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
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FAQ
About Helmscott, Penryn
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