2-bedroom terraced house · TR18 2DE
To rentListed 145 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Smart millerson are pleased to present this two bedroom mid-terraced cottage in penzance.
The property briefly comprises of a living room, kitchen/breakfast room with adjoining utility room leading onto a ground floor wet room. Two double bedrooms. Small enclosed rear garden.
On street parking. Gas central heating.
EPC C69 Council Tax Band B Available for Long Term Let The tenancy will be managed by Smart Millerson A holding deposit of £200 will be required upon acceptance of an application, subject to satisfactory references.
Living Room (2.614 x 3.104 (8'6" x 10'2")) Kitchen (2.684 x 3.805 (8'9" x 12'5")) Utility Room (2.364 x 1.671 (7'9" x 5'5")) Shower Room (1.528 x 2.496 (5'0" x 8'2")) Bedroom One (4.140 x 2.686 (13'6" x 8'9")) Bedroom Two (3.100 x 2.569 (10'2" x 8'5")) Material Information # Verified Material Information ## Costs and tenure Tenure: Freehold Council tax band: B EPC rating: C Monthly rent: £900 ## The building Mid-terrace house, standard construction 2 bedrooms, 1 bathroom, 1 reception Accessibility adaptations: None ## Services Mains electricity Mains water Mains foul drainage Mains surface water drainage Mains gas central heating Heating features: Double glazing and open fire Broadband: FTTP (Fibre to the Premises) Mobile coverage: O2 great, Vodafone great, Three good, EE great Parking: None Not in a controlled parking zone No disabled parking available ## Risks and restrictions Not a listed building Not in a conservation area No tree preservation order Title register restrictions (CL126190): - The property is subject to rights held by neighbours for things like structural support, access to light, and the use of water and drainage pipes.
This means the owner cannot block or interfere with these shared services.
- The owner must allow others to enter the land if they have a legal right to do so (for example, to maintain shared pipes), though they must repair any damage they cause.
Non-coal mining area: Yes All information is provided without warranty. Contains hm Land Registry data © Crown copyright and database right 2021.
This data is licensed under the Open Government Licence v3.0. The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 41, Penlee Street, Cornwall
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