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See how verdicts work4-bedroom terraced house · TR18 2ER
Sold STCReduced £25k (−8.5%) on 4 SepListed 377 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented and highly renovated and extended four bedroom terraced house, situated in a popular residential street, close to all the town's amenities, harbour and both the train and bus stations.
The deceptively spacious accommodation is arranged over three floors and a particular feature is the second floor attic conversion and extension, which comprises of two bedrooms, both enjoying stunning sea views towards St Michael's Mount.
The accommodation in brief comprises of open plan lounge/diner, leading into fully fitted refurbished kitchen.
There are two double bedrooms and family bathroom with rolltop bath and separate shower cubicle on the first floor.
On the second floor there are the aforementioned two bedrooms, both of which enjoy the stunning sea views and one could be used as a second living room, if so required.
There is an enclosed courtyard to the rear of the property and the house is offered for sale with no onward chain and is gas centrally heated and double glazed.
Internal viewing of this property is highly recommended. Property additional info Half glazed wooden front door into: Hallway: Illuminated stairs rising, tiled floor.
Door into: Lounge/dining room: 18' 2" x 15' 5" (5.54m x 4.70m) Double glazed windows to front and rear with cupboards under, vertical radiator, understairs sitting area, cupboards to one wall, gas fire (not used), full length feature LED light, glazed door into: Kitchen: 11' 1" x 7' 11" (3.38m x 2.41m) Fitted with white gloss "touch" base units with rolltop worksurfaces over, double glazed door and window to rear, radiator, inset spotlights, electric oven, gas hob, splashback and extractor fan over, single drainer sink, integral dishwasher and fridge.
First floor landing: Radiator, inset spotlights, stairs rising with cupboard under, doors to: Bedroom two: 8' 2" x 8' 0" (2.49m x 2.44m) Double glazed window to front, radiator.
Interlinking door into: Bedroom three: 9' 6" x 9' 0" (2.90m x 2.74m) Double glazed window to rear, radiator, further door into first floor landing.
Bathroom: Two double glazed windows to rear, radiator, heated towel rail, tiled floor, inset spotlights, extractor fan, cupboard housing combination boiler, rolltop bath, two vanity wash hand basins, WC, fully tiled mains shower cubicle.
Second floor landing: Inset spotlights, door to: Living room/bedroom four: 14' 0" x 9' 2" (4.27m x 2.79m) Double glazed window to rear enjoying views towards St Michael's Mount, radiator, sink unit with space for undercounter fridge, inset spotlights.
Bedroom one: 15' 5" x 10' 10" (4.70m x 3.30m) Velux to front and double glazed windows to rear with the aforementioned views, radiator, storage into eave space housing a multi TV booster system, vaulted ceiling with inset spotlights.
Outside: To the rear of the property there is a fully enclosed courtyard with outside tap and pedestrian gated access onto rear service lane. Services: Mains water, electricity, gas and drainage.
Directions: Via "What3Words" app: ///swipes.proposes.comedians agents note: We understand from Openreach website that Full Fibre Broadband (FTTP) is available to the property.
We tested the mobile phone signal for O2 which was good. The property is constructed of granite under a tiled roof. Mobile signal/coverage: Good. Construction materials used: Others.
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: No.
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 45 Adelaide Street, Penzance
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