2-bedroom terraced house · TR18 2DF
Let agreedReduced £50 (−4.5%) on 24 SepListed 66 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 1819742. A 2 bed renovated character cottage situated in Penzance, within a short walking distance of the town centre, and a close proximity to the beach and local amenities.
It has been totally renovated throughout with a new kitchen, bathroom, carpets, doors, lvt flooring and much more.
It benefits from double glazing and central heating, rear courtyard and on road parking nearby. Epc is expected to be a "c" but this is being renewed shortly.
Summary & Exclusions: - Rent Amount: £1,150.00 per month (£265.38 per week) - Deposit / Bond: £1,326.92 - 2 Bedrooms - 1 Bathrooms - Property comes unfurnished - Available to move in from 22 August 2026 - Maximum number of tenants is 3 - No Students - Smokers considered - Bills not included - No Parking Available - No Garden Access - EPC Rating: C If calling, please quote reference: 1819742 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
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
We're still gathering serviced-accommodation data for this area.
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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
FAQ
About Gwavas St, Penzance
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