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See how verdicts work2-bedroom flat · TR18 2FU
For saleListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within an attractive Grade II Listed building, this beautifully restored two-bedroom first floor apartment seamlessly blends character with modern living.
Retaining a wealth of original period features, the property has been thoughtfully and sympathetically converted to a high standard throughout.
The apartment is filled with natural light, creating a bright and welcoming atmosphere. At its heart is a stylish open-plan living area, ideal for both relaxing and entertaining.
The accommodation further comprises two bedrooms, a contemporary shower room, and a spacious hallway offering built-in storage.
Externally, the property benefits from allocated parking and is offered to the market chain free, making it an ideal purchase for first-time buyers, downsizers, or investors alike.
With the added reassurance of a 10-year NHBC Buildmark warranty and a newly granted 999-year lease, this is a superb opportunity to acquire a characterful home with modern comforts.
£994 Per annum service charge. The town of Penzance is an historic port on the south facing shores of Mounts Bay.
Along the seafront is the art deco Jubilee pool and regular ferries to the Isles of Scilly.
The town centre offers shops, cafes, and restaurants, a variety of historic architecture and the stunning sub-tropical gardens of Morrab and Penlee.
Front door into: Entrance Ornate cornicing, door to closet cupboard, second cupboard. Entrance Hall Radiator, power points, phone entry system, high ceilings.
Door into: Open Plan Kitchen/Dining/Living Room 6.78m x 5.8m Magnificent bowed end wall with 3 sash windows with secondary glazing and panelling and sea views to the Lizard and Mounts Bay.
Ornamental period fireplace. Ornate detailed cornicing. Sash window to side with secondary glazing, two radiators, power points, TV point. USB point.
Fitted kitchen comprising extensive range of eye and base cupboards with integrated appliances, fridge freezer, dishwasher, electric hob, and grill. Gas hob.
Island with cupboard, sink and drainer with mixer tap. Door to: Shower Room 1.63m x 3.12m Extractor. Tall heated towel rail, wall to wall shower with large shower head and additional hand-held.
Wash hand basin, w/c, tiled wall, electric shaver point.
Bedroom 1 3.68m x 5.4m Sash window to side with secondary glazing and panelling, radiator, power points, USB, TV point, ornate cornicing.
Bedroom 2 2.8m x 3.68m Sash window to side and secondary glazing with panelling, power points, TV, USB, radiator, and cornicing. Allocating Parking Two spaces. Council Tax: TBC.
Services: Electric, mains water and drainage. Broadband: We understand Fibre is connected to the 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 York House, Penzance, TR18
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