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See how verdicts work3-bedroom semi-detached house · PL17 7TF
Listing removedListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A wonderful opportunity is presented by this 3 bedroom semi detached leasehold shared ownership home which is available to purchase at a 40% share of the open market value.
Located within the ever popular Village Collection development, the property has a driveway for 2 vehicles and a wrap around low maintenance garden.
The Property Canopied entrance to the front door inturn opening into the hallway with stairs rising to the first floor, laminate flooring and doors to the cloakroom, kitchen and lounge/diner.
Kitchen Range of base and wall mounted units with working surfaces, tiled splashbacks, inset sink and drainer with mixer tap, window to the front aspect, plumbing for a washing maching, space for upright fridge/freezer, space for cooker.
Reception Rooms The spacious lounge/diner offers ample room for comfortable living and dining room furniture.
There is a door to an understais cupboard and double doors give access into the conservatory which is uPVC double glazed to three aspects with a glazed roof and double doors giving external access.
Bedrooms Bedrooms 1 and 2 are double rooms, bedroom 1 is located to the front aspect and bedrooms 2 and 3, which is a single, are located to the rear.
Bathroom/Cloakroom The ground floor cloakroom has WC and washbasin and the bathroom comprises a panelled bath, WC and wash hand basin. Partial tiling to walls and shower over the bath.
Outside A long driveway offers parking for two vehicles. A paved path leads to the front door and around to the side where a hand gate gives access to the side paved garden where there is a shed.
The rear garden is also laid to paving with mature border. Material Information Tenure - Leasehold. 99 years from the 1st December 2003.
40% share available, full RICS valuation price is £225,000 and the share price to be paid is £80,000.
Monthly cost paid to Westward Housing, £326.92 including the Rent, Estate Charge and Management Fee plus building insurance (effective from 1st December 2025). EPC - Rating C.
Local Authority - Cornwall Council. Band - C. Services - Mains electricity, mains water, mains drainage, mains gas. Heating - Gas central heating. The property is in a mining and radon area.
Parking - Driveway for two cars.
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
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FAQ
About 22, Werrington Drive, Cornwall
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