2-bedroom terraced house · TR18 3ER
For saleListed 169 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two-bedroom terraced house offers great potential and is in need of modernisation throughout.
The ground floor comprises a living room, kitchen and rear utility room, with access out to the rear courtyard.
Off the utility room is a part-built flat roof extension, originally intended to become a bathroom. This could be completed, subject to any necessary consents, or used as additional storage space.
Upstairs, the property offers two double bedrooms and a first-floor bathroom.
With generous room sizes and scope to improve, this is a great project for buyers looking to put their own stamp on a home. Heamoor is a small village located approx. 1-mile form Penzance.
It has lots of local amenities including a primary and secondary school, village shop, pub, church and chemist. A short walk of 10-15 mins brings you into Penzance town centre via an underpass.
Country walks in Bone Valley on your doorstep.
Entrance Wooden front door into: Entrance Hall Radiator, stairs rising, door to: Living Room 3.33m x 3.1m Wooden double-glazed window to front, radiator, open fire with tiled surround.
Kitchen 3.07m x 4.24m Kitchen, radiator, double-glazed wooden sash window to rear. Fitted kitchen with integrated, hob with extractor over, double oven, fridge freezer, and dishwasher.
Utility Room 1.83m x 2.44m Door to side rear, radiator, boiler, plumbing for washing machine. Storage cupboards. Store Room 2.13m x 1.83m Part built extension. Ready for first fix.
First Floor Landing Door to storage cupboard, access to loft space. Bathroom 2.13m x 2.7m Wooden frosted double-glazed window to side, door to airing cupboard.
Bath with shower over, w/c, wash hand basin, wooden floors. Bedroom 1 3.05m x 4.24m 2 Wooden double-glazed windows to front, radiator.
Bedroom 2 3.05m x 2.46m 2 Wooden double-glazed windows to front, radiator. Council Tax: Band B. Services: Electric, mains water and drainage.
Outside Courtyard to rear, gate to service lane, tap, washing line.
Value & comps
No previous sales on record.
Returns
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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 Main Street, Heamoor, Penzance, TR18
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