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See how verdicts work2-bedroom detached house · PL33 9AN
Listing removedListed 58 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to acquire a spacious detached home with huge potential, situated within easy reach of local amenities and offering over 1,160 sq.ft. Of accommodation.
Whilst the property would now benefit from updating throughout, it provides a wonderful blank canvas for buyers looking to create a home tailored to their own tastes and requirements with no onward chain.
Description The accommodation is entered via an entrance hall with a useful ground floor cloakroom/WC.
The heart of the home is the impressive open-plan living/dining room, measuring over 26ft in length and providing an abundance of space for both family living and entertaining.
A striking feature fireplace creates a focal point to the room, whilst the open staircase and large windows enhance the sense of character and light.
To the rear, the kitchen is fitted with a range of wall and base units and offers plenty of scope for modernisation or redesign.
On the first floor, a central landing leads to two exceptionally generous double bedrooms, both benefitting from extensive built-in wardrobe storage.
The principal bedroom also features a shower enclosure, offering potential for buyers to create an en-suite facility if desired. A family bathroom completes the accommodation.
External Outside, the property enjoys off road parking and garden area.
The detached position, sizeable accommodation and refurbishment potential combine to make this a particularly appealing opportunity for buyers seeking a project with scope to add value.
Location Situated in the popular village of Delabole, the property is conveniently placed for local amenities including a primary school, village shop, post office and public houses.
Delabole is well positioned for access to the North Cornwall coast, with the beaches and coastal villages of Tintagel, Port Isaac, Trebarwith Strand and Polzeath all within easy reach, making it an ideal base for enjoying the area's stunning coastline and countryside Services The following Services are available - mains water, electric and drainage as well as oil central heating and open fireplace.
Council Tax Band C Auctioneers Comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the (truncated)
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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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 Grain Cottage,, Pengelly, Cornwall
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