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See how verdicts work3-bedroom flat · TR15 2SP
For saleListed 12 daysAuction 11 Nov · in 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price = £20,000+ **For Sale By Public Auction 11th November 2026 09:30 am.
To inspect the legal documents for this property go to our website to download the legal pack** A Thee Storey Three Bedroom Maisonette Subject to a Regulated Tenancy Producing £4,500 Per Annum Tenure Leasehold.
The property is held on a 125 year lease from 25th October 1998 (thus approximately 96 years unexpired ). Location The property is situated on a residential road close to local shops and amenities.
The open spaces of Fairfields Park are within easy reach. Transport links are provided by Redruth rail station.
Description The property comprises a first and second floor three bedroom maisonette situated within a detached building arranged over lower ground, ground and three upper floors.
Accommodation Lower Ground Floor Bathroom Ground Floor Entrance First Floor Reception Room Kitchen Second Floor Two Bedrooms Third Floor Attic Bedroom Exterior The property benefits from a rear yard.
Tenancy The property is subject to a Unregistered Regulated Tenancy at a rent of £375 per calendar month (last increase 2006).
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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
Agent & docs
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FAQ
About 4A, Penryn Street, Redruth
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