2-bedroom house · TR18 4DU
Listing removedListed 101 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A pretty 2 bedroomed, granite, unfurnished cottage in the most colourful street in Penzance!
This charming property benefits from double glazing throughout, a wood burning stove and a lovely rear courtyard.
The accommodation with approximate dimensions is as follows: Painted wooden glazed front door with letterbox and lockable handle into: Hallway Tiled floor, bulkhead light and dado rail.
Unpainted wooden panelled door into: Sitting room – 2.66m x 2.91m Carpeted, pendant light, night storage heater, white uPVC window with rail above, TV aerial lead, alcove cupboards, wood burning stove Doorway from hallway into: Dining room – 3.25m x 2.64m understairs cupboard, Dimplex Quantum night storage heater.
Carpeted, pendant light, smoke detector, white uPVC window with rail above, alcove shelving, Doorway with curtain rail above into: Kitchen Tiled floor, spotlights, extractor fan, white uPVC window with slate sill, white uPVC frosted back door with cat flap, fitted base and wall mounted laminate kitchen units with laminate worktop, single drainer stainless steel sink with separate taps, plumbing for appliance, extractor hood, oven left but not included in tenancy, tiled splashback to worktops, metal splashback to hob area Unpainted wooden panelled door into: Bathroom Tiled floor, part tiled walls, bulkhead light, panelled bath with grab rails and mixer tap with plug on chain, wall mounted shower screen, wall mounted electric shower with hose on wall mounted bracket, white uPVC window, low level white WC with seat and lever flush, white pedestal washbasin with separate taps, wall mounted mirrored cabinet, wall mounted mirror, heated towel rail, towel ring, WC roll holder, shaver socket Carpeted stairs from dining room to: First floor landing Carpeted, pendant light.
White painted wooden panelled door into: Bedroom 1 – 2.70m x 3.87m Carpeted, pendant light, white uPVC double glazed window with curtain rail above, night storage heater White painted wooden panelled door from landing into: Bedroom 2 – 3.16m x 2.63m Carpeted, pendant light, white uPVC double glazed window with curtain rail above, night storage heater, cupboard over stairwell Outside rear Concrete and paved courtyard with flowerbeds with established plants, retractable washing line, hanging basket bracket Tenants subject to affordability checks Rent - £900 Deposit - £1035 Holding deposit - £205 EPC – D 58 CTax – A
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 8, Daniel Place, Penzance
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