2-bedroom terraced house · TR18 5EU
For saleListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within a quiet residential close in Newlyn, this three-bedroom terraced house is offered to the market chain free and represents an excellent opportunity for buyers looking for a property to completely renovate and make their own.
The accommodation is well proportioned, extending to approximately 860 sq. ft.
An entrance porch opens into a generous living room, while to the rear is a good-sized kitchen/diner with access out to the garden.
On the first floor are three bedrooms, comprising two doubles and a single, together with a family bathroom.
Outside, the property benefits from gardens to both the front and rear, with the rear garden providing a good amount of outside space. There is also the considerable advantage of a separate garage.
The property is now in need of renovation and modernisation throughout.
With good-sized rooms, three bedrooms, generous outside space and a garage, there is plenty of scope to create a comfortable family home.
Despite the level of updating required, the property currently benefits from a C-rated EPC, an additional positive for prospective purchasers.
Newlyn has really grown in popularity over the last few years. This working Harbour village has so much to offer with events going on all year round.
A variety of gallery’s, cafes, restaurants, pubs and private cinema as well as doctors, chemist and primary school.
Upvc 1/2 Glazed frosted door into: Entrance Hall 0.94m x 1.52m Upvc large glazed window to front, electric fuse box.
Entrance Fully glazed door into: Living Room 5.16m x - Night storage heater, stairs rising. Electric fire. Double-glazed Upvc window to front. Power points. Understairs storage area.
Kitchen/Diner 4.88m x 2.74m Fitted kitchen with base and eye level units with worktops over. Space for washing machine, space for electric cooker, power points.
Space for freestanding fridge/freezer. Vinyl flooring, sink with drainer and mixer taps. Large Upvc double-glazed window to rear. Part-tiled. Dining - 1/2 Glazed door to rear. Glass panel to one side.
Outside to Rear Washing line. Shed. Fence marking the boundary. Lawned area. Gate leading to rear access lane. Mature plants and well established shrubs.
Garage (in block) 4.88m x 2.74m Up and over door. First Floor Landing Power points. Loft access., Door to cupboard with storage space.
Bedroom 2 2.77m x 3.66m Upvc double-glazed window to front, large fitted cupboard. Power point. Bedroom 3 2.13m x 2.41m Tilt and turn Upvc double-glazed window to front.
Bedroom 1 2.77m x 3.05m Upvc double-glazed window to rear with countryside view. Power points. Bathroom Upvc double-glazed window to rear, w/c, wash hand basin. Vanity mirror. Extractor.
Vinyl floor. Walk in bath with seat and electric shower over, and shower screen. Towel rail. Outside to Front Lawned area. Pathway and gate to front. Council Tax: Band B.
Services: Electric, mains water and drainage.
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.
Area
Agent & docs
FAQ
About Forbes Close, Newlyn, TR18
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