We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · TR18 4RX
Listing removedListed 267 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain free! An apartment on a large plot in a sought-after location!
This spacious two-bedroom first-floor apartment combines comfort, convenience, and outdoor space, making it perfect for first-time buyers or savvy investors.
This well-presented home offers two generously sized bedrooms, a bright living area, and a private cellar beneath the stairway-ideal for storage.
The property is in good condition throughout, providing a practical and inviting layout for everyday living.
Outside, you’ll discover a private, good-sized front and back garden, offering plenty of room for relaxing or entertaining.
With excellent potential and strong rental appeal, this property is ready to move into. Contact us today for more details or to discuss letting opportunities.
Just a short walk from Penzance town centre, this home offers easy access to shops, cafés, and transport links.
Families will appreciate nearby schools such as Alverton Primary, Gulval, and Heamoor, all rated “Good, ” plus Humphry Davy Secondary within easy reach.
Penwith College is also close by for further education, making this location ideal for both families and professionals.
Material Information What 3 Words: ///invest.warmers.framework Tenure: Leasehold. | Lease term: 92 years. | Ground rent: £10 Per Annum. | Local Authority - Cornwall Council. | Council Tax - Band A.
| Heating - Gas Central Heating. | Parking - On-Street Parking. | Mains Electricity, Gas, Water & Drainage.
| Cornwall is situated within an historic mining area therefore a mining search is advisable on all homes. |
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 29, Trerew Road, Cornwall
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