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See how verdicts work1-bedroom house · TR12 7AU
Under offerReduced £5k (−14.3%) on 27 OctListed 329 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Trevelyan Holiday Homes are conveniently situated for exploring the unspoilt beauty and charm of the stunning coastline and countryside that makes The Lizard Peninsular such a popular destination.
With well maintained communal grounds and informal parking for a vehicle, this chalet (once refurbished) will offer the basis of a 'lock up and go' bolt hole in this lovely part of Cornwall or the potential to explore Airbnb or holiday letting.
The accommodation offers an open plan lounge/dining room, kitchen, bedroom, bathroom and a cloakroom.
The Lizard Peninsula with its dramatic coastline has been designated as an area of outstanding natural beauty, close by there are sandy beaches, the South West coastal footpath and the magnificent sailing waters of the Helford River are within easy reach.
The Lizard village itself is a short drive away and has a range of amenities that include a post office, food stores, and butchers and there are also a number of well regarded public houses and restaurants.
THE ACCOMMODATION COMPRISES (DIMENSIONS APPROX) Door to lounge/dining room.
LOUNGE/DINING ROOM 3.99m x 2.59m (13'1" x 8'6") An open plan room with a storage cupboard with hanging rail, window to the front aspect and door to the kitchen and bedroom.
BEDROOM 2.57m x 1.88m (8'5" x 6'2" ) With window to the rear with outlook over communal grounds.
KITCHEN 2.03m x 1.70m narrowing to 1.32m (6'8" x 5'7" narrowing to 4'4") With working top surfaces incorporating a sink with tiled splashback with cupboards and drawers under.
Space is provided for a cooker, whilst there is vinyl flooring, obscure glazed window to the rear aspect and a sliding door to bathroom.
BATHROOM With vinyl flooring with a wash handbasin with tiled splashback, mirrored medicine cabinet and a panelled bath with a shelf housing the hot water cylinder.
Obscure glazed window to front aspect CLOAKROOM With a low level W.C., vinyl flooring, obscure glazed window to the front aspect and cupboard housing electric circuit board and coin payment meter.
OUTSIDE To the front there are pleasant and well tended communal areas of lawn with informal parking for one vehicle. All the chalets have the use of the well kept communal gardens.
SERVICES Mains water and electricity. Private drainage. AGENTS NOTE ONE The property is leasehold and has the remainder of a 99 year lease which, we understand, was granted on 25th March, 1981.
AGENTS NOTE TWO We are advised that the ground rent is currently circa £888.00 per annum and includes waster, sewerage, site lighting, site maintenance and mortgage repayments for the freehold land.
Ground rent is paid to Trevelyan Holiday Homes Limited, the owner of the freehold title. AGENTS NOTE THREE The water is metered and there is a service charge included in the ground rent.
AGENTS NOTE FOUR We are advised the property can only be occupied for a maximum of 6 weeks by the same person and has a ten month occupancy restriction such that it can not be occupied during the months of February or March.
COUNCIL TAX Council Tax Band A. MOBILE AND BROADBAND To check the broadband and mobile coverage for this property, please refer to the attached details.
ANTI-MONEY LAUNDERING We are required by law to ask all purchasers for verified ID prior to instructing a sale PROOF OF FINANCE - PURCHASERS Prior to agreeing a sale, we will require proof of financial ability to purchase which will include an agreement in principle for a mortgage and/or proof of cash funds.
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

FAQ
About Predannack, The Lizard
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