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See how verdicts work1-bedroom house · TR20 8QX
For saleListed 143 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Off a pretty wooded road connecting Grumbla and Sancreed, is this incredibly delightful converted stable/tack house that offers one bedroom accommodation, parking, and garden space.
Having been run as a successful holiday let, the property is now available to purchase; and would make an idyllic home for anyone looking to downsize.
The property has a paved patio to the front for seating, and a further grassy area that has previously been used as parking, but that would make a wonderful garden being bordered by Cornish hedging.
Inside, on the ground floor, is an open-plan sitting and dining room with the stairs leading up in one corner.
The space is heated by a multifuel stove that sits centrally on one end wall and will surely heat the whole property once lit.
There are exposed granite feature walls, as well as exposed beams to the ceiling - so lots and lots of character!
The kitchen is compact, but for a property of this size it has space for all essential kitchen appliances, and you then continue through to a little lobby area with a built-in storage cupboard, and on to the bathroom.
The stairs lead up to just one room: A double bedroom with semi-vaulted ceilings and a length of glass rooflight windows that flood the stairwell with natural light, as well as two smaller windows that offer lovely peaceful views out from the bedroom space.
The property is pretty unique, and is in a beautifully leafy and serene spot within 5 minutes drive of St Just and just 10 minutes of Penzance.
Location Sancreed is a much sought after, and peaceful hamlet minutes away from Penzance and the reaches of West Cornwall.
Nearby is St Just, a vibrant West Cornwall town with many local facilities and shops.
There are some excellent schools nearby, including Mousehole School, Cape Cornwall School, Nancledra School and St Hilary School in Penzance.
There are direct train services from Penzance Station that run to London Paddington in just over five hours.
With easy access to the A30, Exeter is two and a half hours by car, while London can be reached in six hours.
Newquay airport is an hour away and has regular flights to London as well as many other UK and continental airports.
Kitchen Range of base and wall units with laminate worktops and stainless steel sink and drainer. Space for an under counter fridge and a freestanding cooker. UPVC double glazed window to front.
Tiled floor. - sitting / dining room Exposed ceiling beams and some exposed granite walls. Multifuel stove sits on a solid hearth. Timber, double glazed window to rear. Carpet.
Stairs lead up in one corner. - bathroom Suite comprises of bath with hand-held shower attachment, wash basin and WC with tiled surrounds. UPVC double glazed window to side. Vinyl floor.
- bedroom Dual aspect double bedroom with two timber, double glazed windows and run of glass rooflights allowing in lots of natural light. Carpet.
Patio Paved patio area immediately outside the front door bordered by low-level walling.
Garden/parking Grassy area beyond patio has been used for parking, but would make a pretty garden area, with parking available just outside the entrance to the garden.
Agents notes Property Type & Construction: Granite or whinstone, as built, no insulation (assumed), Cavity wall, as built, partially insulated (assumed) | Electric: Mains | Water: Mains | Drainage: Septic Tank | Heating: Multifuel stove | Broadband: adsl | Mobile Coverage: Networks likely available are EE, Vodafone and O2 and poor signal for Three | Parking: Driveway parking | Restrictions/Covenants: None | Rights of Way/Easements: No | Flood Risk: No | Coastal Erosion Risk: None | Planning Permission: None | Accessibility/Adaptations: None | Coalfield/Mining Area: Historic tin mining area | aonb/Conservation Area/Listed: aonb | Local Authority: Cornwall County Council | Property orientation from front: North-East | Viewings - By appointment via Andrew Exelby Estate Agents rental potential: To discuss the long-term, residential rental potential of this property, or any other, please contact Whitlocks in Penzance who will be able to guide you through the process.
Their telephone number is . Disclaimer: These sales particulars should act as a general guide. We have not carried out a detailed survey, nor tested services, appliances, and/or specific fittings.
Some data above is dependant upon third party suppliers and responses were correct at the time of listing.
Measurements and floorplans are a guide and should not be relied upon for carpets, furnishings, etc.
If there are any important matters, which are likely to affect your decision to buy, please contact us before viewing this property.
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.
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About The Tack House, Sancreed
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