2-bedroom terraced house · TR10 8ES
Sold STCListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The cottage has been extensively renovated in the past five years, combining an eclectic blend of character features and modern day living, making this a home anyone would be proud to own.
Packed with plenty of features including a new slate roof in 2015, gas fired central heating by radiators (new boiler, some four years ago), a new kitchen with appliances, a remodelled bathroom, original victorian cast iron fireplaces, a wealth of natural woodwork, picture rails and panelled internal doors.
The well proportioned and spacious accommodation includes a reception hall, sitting room, dining room, an L-shaped refitted kitchen, two double bedrooms on the first floor and luxurious shower room/wc combined.
Outside the property at the rear there is a small courtyard and granite steps leading to an enclosed tiered garden with two levels which enjoys a sunny southerly aspect where you can relax and entertain your family and friends.
The property is located within walking distance of Penryn town centre and also the railway station with its branch line linking Falmouth to the cathedral city of Truro and onto London Paddington.
Penryn is a great historic market town where there is a great community with a selection of shops, restaurants, public houses, and surgeries.
The town also has football, rugby and cricket clubs along with Penryn College, Penryn Primary Academy and Falmouth University (Tremough Campus).
The town offers good transport links with a regular bus service and the train station as previously mentioned. The bustling town of Falmouth is within two miles.
AN EARLY VIEWING IS HIGHLY RECOMMENDED TO SECURE THIS FINE PROPERTY. WHY NOT CALL FOR YOUR APPOINTMENT TO VIEW TODAY!
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
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FAQ
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