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See how verdicts work1-bedroom house · TR18 3DP
Sold STCReduced £5k (−5.5%) on 28 FebListed 384 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom flat brought to the market with no onward chain. The current owner has renovated the property with new kitchen and bathroom. There are communal gardens and view of St.
Michaels Mount from the living area. Penzance town itself is very popular and offers a wide range of independent shops as well as cafes, restaurants, bars and galleries.
From the property you can join the lovely level three-mile coastal and cycle path to Longrock, Penzance and Marazion. All Bus and Rail links close by.
Upvc double-glazed door to: Open Plan Living Area 3.66m x 3.35m Upvc double-glazed large window to front, electric radiator.
Kitchen - Fitted kitchen with integrated oven, hob with extractor above, sink and drainer, space for fridge.
Door to: Inner Hall Alcove for washing machine, and tumble dryer, doors to: Shower Room 2.44m x 1.83m Velux window, extractor, heated towel rail, w.c, wash hand basin, electric shower, storage alcove with cupboard below housing hot water system.
Bedroom 2.74m x 3.35m Large window to rear. Electric radiator. Services; Electric, mains water and drainage. Council Tax: Band A.
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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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 Jelbert Way, Eastern Green, Penzance, TR18
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