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See how verdicts work2-bedroom house · TR18 2PB
For saleReduced £15k (−6%) on 28 SepListed 81 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity for a young family or first time buyer to acquire a well presented two bedroom terrace cottage located in the centre of town and with parking to the rear.
The property has spacious accommodation which the present vendors have recently modernised installing a luxury bathroom and newly fitted kitchen units.
2 St Clare Street has gas central heating along with double glazing and to the rear of the property there is a courtyard leading to a large parking space for one large car or two small cars.
St Clare Street is centrally located in Penzance and therefore only a short walk from the main amenities. Due to the popularity of properties such as this we recommend an early appointment.
Features Ideal for young family or first time buyer Viewing recommended EPC = C * council tax band = B * approximately 68 square metres Property additional info entrance vestibule: Glazed door to: Entrance hall: Laminated flooring, radiator, glazed door to: Lounge/dining room: 21' 11" x 10' 7" (6.68m x 3.23m) Laminated flooring, UPVC double glazed window to front, understairs storage cupboard, two radiators, double glazed doors to rear courtyard.
Kitchen: 11' 11" x 8' 3" (3.63m x 2.51m) Stainless steel inset single drainer sink unit with cupboards below, range of fitted wall and base units, solid wood worksurfaces, built in oven and four ring gas hob, cupboard housing gas central heating boiler, plumbing for washing machine, radiator, double glazed door to courtyard.
Stairs from entrance hall to: First floor landing: Pine and glass banister. Bedroom one: 13' 11" x 10' 8" (4.24m x 3.25m) UPVC double glazed window, radiator.
Bedroom two: 10' 8" x 8' 7" (3.25m x 2.62m) UPVC double glazed window, radiator.
Bathroom: White suite comprising double ended roll top bath set on chrome feet, low level WC, double sized shower cubicle with chrome fittings and glass screen, wash hand basin with storage below, inset mirror with shelving behind, fully tiled walls and floor, chrome towel rail/radiator.
Outside: Enclosed courtyard with access to workshop. Parking: Space to rear, for two small cars or one large. Services: Mains water, electricity, gas and drainage.
Directions: Via "What3Words" app: ///verbs.storeroom.duplicity agents notes: We understand from Openreach website that Full Fibre Broadband (FTTP) is available to the property.
We tested the mobile phone signal for Vodafone which was good. The property is built of granite under a slate roof. Roof type: Slate tiles. Mobile signal/coverage: Good.
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: Yes.
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.
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FAQ
About 2 St. Clare Street, Penzance
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