2-bedroom house · TR18 2GA
For saleListed 51 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One of the best new developments in Penzance in recent years in such a convenient location.
The internal accommodation has been well planned to offer a good sized living area and a German kitchen by nobilo that is superbly equipped with Bosch appliances including dishwasher, oven hob and a washer/dryer.
On the first floor are 2 good sized bedrooms and a bathroom. Externally is a very pleasant patio area with handrail and spindles perfect for outdoor entertaining.
We love the security entry system and the use of natural materials throughout including slate roofs. The harbour, Jubilee pool station and town centre are all within walking distance.
The accommodation (all dimensions are approximate) Ground floor Door and panel to entrance hall - 3.6m x 1.7m. Stairs rising. Wood flooring. Radiator cloakroom/WC - Low level wc. Wash basin.
Towel rail. Bosch washer/dryer living/kitchen - 7.6m x 4.8m narrowing to 3.1m. 2 windows, French doors onto the patio.
Excellent fitted German Nobilo kitchen base and wall mounted with bosch oven, hob, extractor, fridge, freezer, dishwasher co ordinated work surfaces.
It's really unusual to get such a good quality kitchen in this price range. First floor - landing - Space for a desk Bedroom 1 - 4.9m x 2.8m. Radiator 2 windows. Bedroom 2 - 4.6m x 2.7m. Radiator.
Bathroom - 2.5m x 2.2m. Shower cubicle, wc, vanity wash basin, towel rail, tiling. Outside - Really good sized patio area with railings. Tenure.
Newly created 999 year leasehold Service charge £1041.89 to include buildings insurance an upkeep of the common areas . Council tax to be confirmed EPC - C.
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
Agent & docs
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FAQ
About Unit 29 Wharfside Village, Wharf Road, Penzance
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