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See how verdicts work2-bedroom bungalow · TR18 4RP
Listing removedReduced £15.5k (−5.3%) on 28 FebListed 309 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We really like this beautifully presented bungalow, which has been thoughtfully updated and modernised in recent years.
The kitchen is particularly well finished, fitted with an excellent range of units and integrated appliances including oven, hob, dishwasher, fridge and freezer, creating a practical yet stylish space for everyday living.
The bathroom is another standout feature, having been fully refurbished to a high standard and offering generous proportions. Outside, the gardens are a real highlight.
The rear garden is level and attractively laid out with two generous lawned areas and a large patio, perfect for relaxing or entertaining.
Wooden fencing surrounds the garden and provides a surprisingly good level of privacy.
The detached garage offers excellent potential for a home office or additional accommodation, subject to any required consents.
Cardinnis Road is a popular and convenient location, offering easy access into Penzance and all local amenities.
The accommodation (All dimensions are approximate) Ground floor Entrance Vestibule Space for coats. Door to: Entrance Hall Radiator. Integral ceiling lights. Lounge - 4.2m x 4.1m Bay window. Radiator.
Kitchen / Dining Room - 4.9m x 3.3m Superbly equipped with integrated appliances. Excellent range of units, three useful larder cupboards and gas boiler.
Bathroom - 3.2m x 1.5m Panelled bath with shower mixer, low level WC, vanity unit with basin, fully tiled. Radiator. Bedroom One - 3.9m x 3.1m Radiator. Bedroom Two - 2.7m x 2.7m Radiator.
Pleasant garden views. Separate WC Low level suite. Outside The front garden features attractive low granite hedging.
A driveway provides parking and leads to the detached garage measuring 5.3m x 2.7m, with double wooden doors and plumbing.
The rear garden is of a good size, level and mainly laid to lawn with a patio area, all enclosed by wooden fencing for privacy. Services All mains services. EPC: D Council Tax: Band C - £2,187
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 40, Cardinnis Road, Penzance
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