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See how verdicts work3-bedroom house · TR18 4HW
Listing removedListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A chance to acquire an extremely well presented three bedroom terrace modern style town house, located in a prime residential area, just off the promenade in Penzance.
The property has spacious well proportioned living accommodation which the vendors have improved over the last few years and therefore is offered for sale in good decorative order throughout, and really needs to be viewed to appreciate the full.
A particularly attractive feature is the terrace area to the front of the property, overlooking the communal lanwed gardens, which all Penlee Manor Drive residents have use of.
To the rear of the property is a small enclosed courtyard garden with access to two parking spaces leading to the former garage.
Penlee Manor Drive is one of the most sought after areas in Penzance, conveniently placed for most amenities, and we would recommend an early appointment.
Property additional info Entrance door to: Living room: 19' 1" x 12' 8" (5.82m x 3.86m) Double glazed bow window overlooking terrace and communal gardens beyond, sea glimpse, feature electric fire, TV point, radiator.
Hallway: Understairs area ideal for study, feature radiator.
Kitchen: 12' 8" x 12' 0" (3.86m x 3.66m) Recently fitted extensive range of base units with incorporating one and a half bowl stainless steel sink with cupboards below, tech composite worksurfaces, freestanding five ring gas range master (to remain), central island with cupboards below and breakfast bar area, double glazed window, radiator.
Utility room: 10' 0" x 7' 4" (3.05m x 2.24m) Stainless steel single drainer sink unit with storage below, plumbing for washing machine, built in cupboards, electric wall heater, door to: Workshop: 10' 0" x 7' 2" (3.05m x 2.18m) Electric up and over door, power and light.
N.B: The utility room and workshop were formerly the garage, which has been divided by a stud wall, and could easily be removed to reinstate the garage to the property.
Cloakroom: White suite comprising low level WC, wash hand basin and double glazed window.
Stairs from hallway to: First floor landing: Access to roof space via pull down ladder, cupboard housing gas combi central heating boiler.
Bedroom one: 10' 8" x 10' 2" (3.25m x 3.10m) Double glazed window overlooking rear courtyard garden, built in wardrobe, radiator.
Bedroom two: 12' 3" x 10' 2" (3.73m x 3.10m) Double glazed window overlooking front terrace and communal gardens, sea glimpse, built in wardrobe, radiator.
Bedroom three: 8' 8" x 8' 5" (2.64m x 2.57m) Double glazed window overlooking communal gardens and front terrace, sea glimpse, radiator.
Shower room: White suite comprising double shower cubicle with chrome fittings and glass screen, pedestal wash hand basin, low level WC, double glazed windows, chrome towel rail/radiator.
Outside: To the front of the property is a terraced area which is paved with raised decking and well stocked flower borders overlooking the communal gardens, which are lanwed and the residents of Penlee Manor Drive have the use for, which all pay £58pa for the upkeep.
To the rear of the property is a courtyard garden, being enclosed with access to: Two parking spaces: In front of the former garage. Services: Mains water, electricity, gas and drainage.
Directions: Via "What3Words" app: ///deeper.fanfare.recur 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 good. The property is built of block under a tiled roof. Mobile signal/coverage: Good. Construction materials used: Brick and block.
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: Yes.
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.
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FAQ
About 6 Penlee Manor Drive, Penzance
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