2-bedroom property · TR16 5JH
Listing removedListed 135 days
Opportunity summary
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About
Situated close to the popular village of St Day, this detached park home sits in approximately a quarter of an acre site being very well enclosed and offering parking for several vehicles.
The property has two bedrooms, master with an en-suite wc, an open plan lounge/diner/kitchen and a shower room. It is double glazed and this is complemented by LPG gas heating.
Externally, in addition to the grounds there is a block built outbuilding and a cedar shed.
This presents an interesting opportunity to acquire a piece of land approximately a quarter of an acre in size with an established residential unit upon it measuring approximately 35' x 12'.
Some forty years ago there was a further unit but this was removed and we understand that permission would need to be re-applied for from the local authority.
The existing unit has two bedroomed accommodation, one of which has an en-suite wc and there is plenty of storage. There is a kitchen area and a lounge/diner. A shower room is also provided.
The property has LPG gas fired heating serving radiators and this is complemented by double glazing. The grounds are well enclosed and approached via large gates with plenty of parking.
There is a block built outbuilding with a wc and also a cedar shed plus further storage. An open aspect is enjoyed over the valley.
Easy access is given to both the villages of St Day and Carharrack and there is also a village primary school in St Day. Entrance Hall - Cupboard housing a Morco LPG boiler.
Inner Hall - With a radiator. Open Plan Lounge/Diner/Kitchen - 5.52m x 3.65m (18'1" x 11'11") - A triple aspect picture window with views over the valley. LPG fire, a radiator and an external door.
A peninsular unit divides this area from the kitchen. Single drainer stainless steel sink unit plus working surfaces with cupboards and drawers beneath and an LPG cooker.
Eye level cupboards and a radiator. Bedroom 1 - 2.52m x 3.02m (8'3" x 9'10") - With a wardrobe and a radiator. En-Suite - Wash basin and a wc. Radiator.
Bedroom 2 - 2.97m x 1.79m (9'8" x 5'10") - Wardrobe and a radiator. Shower Room - 2.02m x 1.09m (6'7" x 3'6") - Square shower cubicle with a mains shower, enclosed wash hand basin and a low level wc.
Shelving and a radiator. Outside - The property stands on a very generous plot and would appear to extend to approximately a quarter of an acre.
As mentioned previously, there was another residential unit on the site but this was removed many years ago. The grounds are mostly laid to lawn and well enclosed with good established shrubbery.
It also has a hard standing providing parking for plenty of vehicles if so required. There is a block built shed with an outside wc and a cedar shed.
Directions - From our office in Redruth take the main road towards Falmouth into the village of Lanner.
At the crossroads by the Coppice Inn turn left and follow this road all the way to the village of Carharrack.
Turn left into the main street passing the shop on the left and continue through the village. Proceed down the hill and climb up the other side towards St Day.
Turn right down a lane approximately half way up the hill and the property will be found on the right hand side. Agents Note - TENURE: Freehold. COUNCIL TAX BAND: A.
Please note the property is opposite a purpose built Gypsy & Traveller site. Services - Private drainage (septic tank x 2), mains water, mains electricity and LPG gas heating.
Broadband highest available download speeds - Standard 12 Mpbs, Superfast 76 Mpbs (sourced from Ofcom).
Mobile signal - EE - Good outdoor, Three - Variable outdoor, O2 - Good outdoor, Vodafone - Variable outdoor (sourced from Ofcom).
Value & comps
No previous sales on record.
Returns
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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
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FAQ
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