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See how verdicts work5-bedroom terraced house · TR18 2DD
Sold STCListed 575 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A generously proportioned property retaining original features including stained glass, ornamental carvings and cornicing.
This end of terrace house comprises 5/6 bedrooms with a good size enclosed garden and parking for two vehicles.
In need of updating, the property offers plenty of potential and is for sale with no onward chain.
The market town of Penzance and its working harbour lies in a sheltered corner of Mounts Bay in South West Cornwall.
The town offers all amenities including: schools, doctors, churches, banks, shops, restaurants and the famous Jubilee pool and Morrab Gardens. The neighbouring town of Newlyn is approx. 1 mile away.
Marazion 3 miles. Sennen, Porthcurno and St.Ives all within a short drive.
Front door into: Entrance Vestibule Coloured glass over the door, dado and pannelling, cornicing, ornate ceiling rose, alcove with frosted window inset, 1/2 glazed door with ornate ornamental carvings and coloured glass to each side, and glazed panel over.
Hallway Pannelling to dado rail, stairs rising, radiator, power points, side shelf with marble top. Cornicing, and ornate woodwork, understairs storage.
Lounge 9.47m x 3.78m Double-glazed bay window with sea views to front, pannelling to each side, two radiators, window to side outlook onto garden, cornicing, fire surround gas fire inset, two windows to side, second fire surround, second door into hallway.
Double doors to: Wetroom 1.9m x 1.85m Window to side, heated towel rail, wash hand basin, w/c, shower, fully tiled.
Inner Hallway Kitchen 5.9m x 4.5m Window to both side, Rayburn, 3 windows to side.
Fitted kitchen comprising range of cupboards and drawers, sink and drainer, space for fridge freezer, and dishwasher. Range gas oven, power points.
Utility Room 2.84m x 4.42m Window to side rear, door to w/c, door to side, power point, plumbing for washing machine. Stairs to First Floor Beautiful handrail and detailed inserts.
1/2 Landing Door to cupboard, window to each side, power points. Bathroom 2.57m x 1.93m Window to side, bath, w/c, wash hand basin, shower, heated towel rail.
Inner Landing Window to side. Shower Room 2.06m x 3.4m Extractor, w/c, wash hand basin, large shower, heated towel rail.
Bedroom 4 3.96m x 4.2m Window to each side, one with box bay, coloured glass, radiator, power points.
Front Landing Bedroom 3 3.73m x 3.86m Dual aspect window to side and rear, period fireplace, power points, wash hand basin, radiator.
Bedroom 5 2.44m x 3.8m Double-glazed window to rear, power point, radiator. Bedroom 2 3.6m x 3.28m 2 x double glazed windows to front with sea view, cornicing, radiator.
Bedroom 1 4.06m x 5.56m Dual aspect window to side with bay window to front, with panoramic views of Penzance and the rooftops of Mounts Bay, St. Michael's Mount and the Lizard.
Cornicing, radiator. Stairs to Second Floor Landing, storage into eaves. Bedroom 6 4.67m x 2.36m Window to front with sea views, radiator, power points.
Second Room 4.67m x 3.15m Attractive window to side with rooftop views, radiator, power point. Outside Enclosed garden of generous size, lawned hedge and wall boundaries.
We understand that this property owns the area outside in front of the house to the wall and the entrance to Albert Terrace with parking for three cars. Council Tax: Band D.
Services: Electric, mains water and drainage. Broadband: We understand from the Openreach website that full fibre broadband is available.
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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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 Albert Terrace, Penzance, TR18
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