3-bedroom semi-detached house · TR18 4HR
For saleReduced £15k (−4.1%) on 29 SepListed 51 days
Opportunity summary
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About
A Much-Loved Home with Sea Views & Wonderful Potential Occupying a lovely corner position on Redinnick Terrace, No.
19 is a charming three-storey home with beautiful sea views and generous accommodation. This is a home that has been enjoyed and cared for over many years, and it is now ready for its next chapter.
Whilst some modernisation would undoubtedly enhance the property, it offers a wonderful opportunity for a new owner to create a home that reflects their own style in this generous space.
The accommodation is arranged over three floors. On the ground floor, there is a welcoming living room with triple-aspect windows, providing an abundance of natural light.
There is also a separate dining room and kitchen. The first floor offers two bedrooms (with sea views) and a family bathroom with both a bath and shower.
From the landing, stairs lead to the attic room, providing a versatile additional space that could be used in a variety of ways. From here you can again enjoy sea views across to St Michaels Mount.
Outside, the property has a pretty fore garden to the front, with a small courtyard to the rear.
There is also the considerable benefit of a large workshop/garage, providing excellent storage and useful additional space for hobbies, projects or practical use.
The property benefits from gas central heating and, of course, those lovely sea views which are a particular feature of the home. There is a real sense of opportunity here. No.
19 has been a much-loved home for many years and now offers someone new the chance to take it forward, making thoughtful improvements while preserving the character and charm that are already here.
Freehold *** gas central heating *** council tax band C *** ofcom suggest superfast broadband is available and that mobile coverage is good on most networks Elevations Entrance Hall Living Room (3.33 x 6.89 (10'11" x 22'7")) Dining Room (2.44 x 3.01 (8'0" x 9'10")) Kitchen (2.44 x 2.85 (8'0" x 9'4")) Landing Bedroom 1 (4.53 x 3.31 (14'10" x 10'10")) Bedroom 2 (2.92 x 3.47 (9'6" x 11'4")) Bathroom (1.51 x 2.92 (4'11" x 9'6")) Attic Room (4.56 x 3.57 (14'11" x 11'8")) Garage/Workshop (3.98 x 3.72 (13'0" x 12'2")) Garden & Views
Value & comps
No previous sales on record.
Returns
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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 19, Redinnick Terrace, Penzance
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