We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · TR18 3EG
Listing removedListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION Offered to the market with NO ONWARD CHAIN is this spacious two double bedroom home that can be found within the popular village of Heamoor.
The property benefits from uPVC double glazing, large courtyard garden, garage and a useful attic space.
The property is warmed via a gas central heating system with accommodation in brief comprising living room, kitchen, utility room and WC to the ground floor with the two double bedrooms and bathroom to the first floor.
An early inspection is highly recommended to fully appreciate.
LOCATION The property is located to the fringe of Heamoor village which has amenities to include a convenience store, public house, bakery and fish and chip shop together with nearby primary and secondary schooling.
There is also a regular bus service which runs through the village giving transport links to neighbouring villages and the town of Penzance. uPVC double glazed door to... ENTRANCE HALLWAY Door to...
LIVING ROOM - 7.2m x 3.43m widening to 4.27m including stairwell (23'7" x 11'3" widening to 14' including stairwell) Split into two distinct areas: SITTING AREA - uPVC double glazed window to front.
Inset multi fuel stove with granite surrounds. Strip wooden flooring. Radiator. DINING AREA - uPVC double glazed window to rear. Stairs rise to first floor with storage under. Radiator. Walkway to...
KITCHEN - 2.95m x 2.44m (9'8" x 8'0") Two uPVC double glazed windows to side. Work surface area with inset stainless steel sink and drainer. Cupboards and drawers below. Space for oven.
Part tiled surrounds with cupboards above. Door to... REAR LOBBY - 2.44m x 2.21m (8'0" x 7'3") uPVC obscure double glazed door to rear giving access to the courtyard garden. Skylight roof window.
Wall mounted gas combination boiler. Space for washing machine. Door to... UTILITY ROOM - 2.44m x 2.21m (8'0" x 7'3") uPVC double glazed window to side. Door to...
WC - 1.61m x 0.89m (5'3" x 2'11") uPVC double glazed window to rear. Close coupled WC. Wall mounted wash hand basin. FIRST FLOOR Split landing. Paddle steps rise to second floor. Doors to...
BEDROOM ONE - 4.23m x 3.23m (13'10" x 10'7") Two uPVC double glazed windows to front. Radiator. BEDROOM TWO - 3.81m x 2.68m (12'6" x 8'9") uPVC double glazed window to rear. Radiator.
BATHROOM - 2.9m x 2.39m (9'6" x 7'10") uPVC double glazed window to rear. Panelled bath with tiled surround and mixer tap shower over. Pedestal wash hand basin. Close coupled WC.
Shelved corner storage unit. Wood effect laminate flooring. Radiator.
SECOND FLOOR USEFUL ATTIC SPACE - 5.5m max measured at floor level x 4.4m (18'0" max measured at floor level x 14'5") Skylight roof window to rear. Large eaves storage space. Exposed roof timbers.
OUTSIDE FRONT - Pathway to the property along with a low maintenance token front garden. REAR - Large patio paved courtyard garden with timber seating area and part planted borders. Outside tap.
Wooden door to... GARAGE - 5.6m x 3.99m (18'4" x 13'1") Electric roller door to front. Power and light. The garage is accessed by a rear service lane that runs behind the terrace.
AGENTS NOTES Property Type & Construction: Granite or whinstone, as built, no insulation (assumed).
Solid brick, as built, no insulation (assumed) | Electric: Mains | Water: Mains | Drainage: Mains | Heating: Boiler and radiators, mains gas | Broadband: FTTC, FTTP | Mobile Coverage: Networks likely available are O2 and EE with Vodafone and Three being limited | Parking: Off street (garage) | Restrictions/Covenants: None | Rights of Way/Easements: None | Flood Risk: No | Coastal Erosion Risk: No | Planning Permission: No | Accessibility/Adaptations: None | Coalfield/Mining Area: Historic tin mining area | AONB/Conservation Area/Listed: No | Local Authority: Cornwall County Council | Property orientation from front: North Easterly | Viewings - By appointment via Andrew Exelby Estate Agents - RENTAL POTENTIAL: To discuss the long-term, residential rental potential of this property, or any other, please contact Whitlocks in Penzance who will be able to guide you through the process.
Their telephone number is . DISCLAIMER: These sales particulars should act as a general guide. We have not carried out a detailed survey, nor tested services, appliances, and/or specific fittings.
Some data above is dependent upon third party suppliers and responses were correct at the time of listing.
Measurements and floorplans are a guide and should not be relied upon for carpets, furnishings, etc.
If there are any important matters, which are likely to affect your decision to buy, please contact us before viewing this property.
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
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FAQ
About Heamoor, Penzance TR18
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