1-bedroom terraced house · PL27 6RG
For saleListed 98 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming renovated 1 bedroom holiday cottage with garden and two allocated parking spaces two miles from Rock on the North Coast of Cornwall. Freehold, on Business rates, EPC band D.
As well as renovating the property the current vendors obtained listed building consent to replace a kitchen window with a set of French doors out to the rear garden which they have given a complete makeover and installed new fencing and a gate, as previously there was no internal access to the private garden.
Now the property can be accessed by both the front or the rear.
There is a new kitchen installed with an integrated dish washer, fridge freezer oven and two ring induction hob, the property was re plumbed, rewired and had ceiling skimmed with inset spot lights and new electric programmable heaters.
The attic is boarded out for storage and there is also a large under stairs cupboard. A modular floor tile was fitted through out the open plan ground floor.
The total area on the ground floor is 14`6" x 14`2" (4.43m x 4.33m). On the first floor there is a new shower room with walk in shower, wc, hand basin and electric towel rail.
The bedroom has an exposed A frame vaulted ceiling and the built in wardrobe has been updated and a new electric water heater installed. The bedroom is 12`2" x 8`2" (3.7m x 2.5m).
The property has been successfully run as a holiday let for the past three years and there is a management company for the grass cutting of the communal areas, emptying the septic tank that serves the 8 properties in the building, road maintenance and bin collection which is currently £850.00.PA.
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.
Area
Agent & docs
FAQ
About The Snug, Treglyn, St Minver.
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