1-bedroom house · TR18 5HW
For saleReduced £30k (−13.6%) on 2 JulListed 428 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to the Pilchard Shed which has been renovated to carefully and to a high standard throughout - an early viewing is highly advised!
Accommodation to the ground floor comprises a stunning open plan living space comprising a modern fitted kitchen with ample storage and work surface area and space for a cosy lounge area.
Completing this level is a useful utility and cloakroom.
To the first floor you will find one double bedroom with a Juliet balcony to the front elevation, an additional reception room which is perfect for a dressing room, office or occasional bedroom and a shower room.
The property provides character and charm throughout and is ideally located within walking distance to local amenities, shops and restaurants.
The property is also within a stone’s throw from Newlyn Harbour and within easy walking distance to Newlyn Green, Beaches and Penzance Promenade.
This property would make the perfect first time purchased, investment or bolthole. Agents Note re Mobile Signal: Three and EE: Good outdoor variable in home. O2 and Vodafone: Good outdoor.
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
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FAQ
About The Pilchard Shed,, The Strand, Penzance
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