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See how verdicts work4-bedroom detached house · TR3 6SD
For saleListed 55 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Very rare re-development opportunity – to be sold for the first time in 45 years.
In one of the most beautiful and prestigious waterside settings south of Truro, a large detached 4 bedroomed house occupying an extremely broad plot of almost 0.3 of an acre, directly overlooking Pill Creek, its wooded creekbanks and the Fal Estuary.
Analysis has resulted in a Grade B (mundic block) classification of the structure, which has been significantly reflected in the asking price – in a location where homes can command prices of £2m to £3m.
Particularly suited to cash buyers or developers who can appreciate the scarcity of such an opportunity and the potential afforded, by the size and position of the plot, to re-develop (subject to all necessary consents).
Alternatively, a chance to acquire the existing spacious and comfortable house in a wonderful waterside setting at an uncommonly low price. Immediate vacant possession.
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
Agent & docs
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FAQ
About Fernwood, Truro
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