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See how verdicts work3-bedroom house · PL15 9PT
For saleListed 10 daysAuction 5 Nov · in 11 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lot – penscombe cross, lezant, launceston, cornwall, PL15 9PT Auction Guide Price – £165,000 - Plus Plus fees The property is to be offered online by Clive Emson Auctioneers on 05 November 2026 A 3 bedroom detached character cottage situated in a peaceful edge of village setting in need of updating and renovation but offering great potential.
The property has off-road parking and outbuildings and adjoins open countryside with great country views.
The property has accommodation including an entrance porch at the front, living room, home office, kitchen and a lean-to at the side of the property.
On the first floor, there are 3 bedrooms and a bathroom.
The parking is at the side of the property and there are gardens at the side and rear where there are numerous outbuildings and sheds with great views over fields at the side.
The property is grade 2 listed and has no onward chain.
Lean To Porch (1.74m x 0.95m (5'8" x 3'1" )) Kitchen (4.72m x 2.33m (15'5" x 7'7" )) Living Room (4.19m x 3.32m (13'8" x 10'10")) Porch Study (3.39m x 2.40m (11'1" x 7'10" )) 3.39m narrowing to 2.66m First Floor Bedroom 1 (4.33m x 3.42m (14'2" x 11'2" )) Bedroom 2 (2.72m x 2.26m (8'11" x 7'4")) Bedroom 3 (2.28m x 2.06m (7'5" x 6'9" )) Bathroom (2.58m x 1.52m (8'5" x 4'11" )) 2.58m narrowing to 1.71m Services Mains Electricity, Water and Drainage Council Tax Band C
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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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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