1-bedroom house · TR18 2EY
For saleReduced £20k (−13.3%) on 20 JunListed 565 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom mid terrace cottage situated close to the town centre, offered for sale with no onward chain.
The accommodation comprises of lounge, kitchen on the ground floor, bedroom and shower room on the first floor. To the rear is a fully enclosed courtyard.
The property is double glazed where stated and gas centrally heated and an ideal investment/first time buy.
Property additional info UPVC double glazed door into: Lounge: 10' 8" x 10' 4" (3.25m x 3.15m) Double glazed sash window to front, gas fire, wall lights, door to: Kitchen: 7' 2" x 6' 0" (2.18m x 1.83m) Base and wall units, worksurfaces over, single bowl stainless steel sink unit, two windows to rear, plumbing for washing machine, undercounter fridge space, electric cooker point, stairs rising with window to side.
Bedroom: 13' 8" x 11' 0" maximum (4.17m x 3.35m maximum ) L shaped, two double glazed sash windows to front, one double glazed window to side, built in wardrobe, electric panel heater, access to loft, door to: Shower room: Double glazed window to rear, WC, wash hand basin, fully tiled walk in shower, fan heater, cupboard housing hot water tank.
Outside: Fully enclosed courtyard to the rear accessed via a shared pedestrian alleyway. Services: Mains water, electricity, gas and drainage.
Agents note: We understand from Openreach Full Fibre Broadband (FTTP) is available to the property. We tested the mobile phone signal for O2 which was good.
The property is constructed of granite under a slate roof. Roof type: Slate tiles. Mobile signal/coverage: Good. Construction materials used: Others. Water source: Direct mains water.
Electricity source: National Grid. Sewerage arrangements: Standard UK domestic. Heating Supply: Central heating (gas). Broadband internet type: FTTP (fibre to the premises). Parking Availability: No.
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
Agent & docs
FAQ
About 5 Cross Street, Penzance
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