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See how verdicts work2-bedroom terraced house · TR18 5NW
SoldListed 275 daysAuction 12 Feb · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Public Auction on the 12 February 2026 at Virtual Livestream Online Auction.
10 chywoone place, newlyn, penzance, cornwall TR18 5NW Guide Price - £110,000 + A vacant two bedroom mid terrace property situated on the higher fringes of the fishing town of Newlyn, now requiring a degree of refurbishment, having the benefit of front and rear gardens, gas central heating and double glazing.
The property enjoys a cul-de-sac location, with on street parking and sea views from the rear of the property.
Situated - Chywoone Place is situated on the Gwavas estate, in the popular fishing village of Newlyn, with a working harbour, cafes and restaurants, art galleries, cinema and public houses, with further facilities and amenities in the nearby town of Penzance, with a mainline railway station and excellent access to the A30.
Ground Floor - Entrance hall, living room, kitchen/diner and bathroom. First Floor - Landing and two double bedrooms.
Outside - Front and rear gardens with patio seating area and lawn beyond the shared pathway. On street parking on an adhoc basis.
Viewings - Strictly by prior appointment with Miller Countrywide Penzance . General enquiries Countrywide Property Auctions .
EPC Rating - C Council Tax Band - A Note - We are advised that the property has had insurance underpinning works carried out, the full details of which will be included within the legal pack.
There is a shared pathway, between the rear of the properties and the main rear garden areas, giving access across the terrace. Tenure - Freehold
Value & comps
No previous sales on record.
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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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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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FAQ
About 10, Chywoone Place, Penzance
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