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See how verdicts work2-bedroom flat · TR18 4AE
For saleReduced £15.1k (−8.1%) on 24 SepListed 182 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on one of Penzance’s most historic and characterful streets, The Regent is a distinguished Grade II Listed building that has been respectfully converted into nine spacious apartments.
Occupying a prime first-floor position, this newly refreshed two-bedroom apartment offers a generous 618 sq. Ft. Of living space, blending period architecture with modern convenience.
The apartment enjoys delightful sea views, a feature that enhances its bright and airy atmosphere.
The accommodation is well-proportioned, featuring an open-plan living area, two comfortable bedrooms, and a well-appointed shower room.
Its location is ideal for those seeking the vibrancy of town centre living, whether you wish to explore the local culture, enjoy a stroll along the nearby seafront, or immerse yourself in the lively atmosphere of Penzance’s most iconic street.
Lease & Service Information Lease Details: A 999-year lease (commenced in 2008), leaving approximately 981 years remaining.
Ground Rent: £125 per annum - Service Charge & Insurance: £1326 per annum. Freehold: Held by the ground-floor commercial element.
Services & Utilities Connectivity: Mains electricity, water, and drainage are connected.
Water: A single South West Water meter serves the residential units, with costs billed based on the property’s square footage (pro-rata).
Cornwall Council Tax Band: B Broadband & Mobile: According to Ofcom, Ultrafast broadband is available.
Mobile coverage is variable across major networks; however, signal is typically reliable within the property.
Elevations Entrance Hall (1.52 x 3.75 (4'11" x 12'3")) Bedroom (4.37m x 2.78 (14'4" x 9'1")) Kitchen/Lounge/Diner (2.91 x 6.91 (9'6" x 22'8")) Shower Room (1.65 x 2.36 (5'4" x 7'8")) Bedroom (2.75 x 4.47 (9'0" x 14'7")) Views & Communal Areas
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Flat 3 The Regent, Chapel Street, Penzance
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