2-bedroom semi-detached house · PL15 7TG
For saleListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming two-bedroom cottage in the heart of the rural hamlet of Trewint and successful holiday let. 2 Bedrooms, Kitchen-Diner, Sitting Room, Off Street Parking, Covered Seating Area, Private Garden.
Freehold, Council Tax - Business Rated, EPC Band: E.
Situation The property lies in the heart of the small hamlet of Trewint less than a mile from the picturesque moorland villages of Altarnun and Five Lanes.
At Five Lanes there is a primary school, well respected local hostelry The Kings Head Arms and the centre of Altarnun village is located less than a mile away.
In Altarnun there is a post office/general stores catering for day to day needs together with a most impressive church with tower, known as the Cathedral of the Moor.
The property is located less than a mile from the A30 trunk road which links the Cathedral Cities of Truro and Exeter.
In addition it provides access to the former market town of Launceston, known as the Gateway to Cornwall some 9 miles to the east with a comprehensive range of shopping facilities including 24-hour supermarket, doctors, dentists, veterinary surgeries, places of worship, fully equipped leisure centre, two testing 18-hole golf courses and numerous sporting and social clubs.
Description This pretty two bedroom cottage is found in excellent decorative order.
The property with full residential status, is currently used as a successful holiday let and benefits from off street parking and a garden.
Accommodation Access via a half glazed door to a hall way with door to the downstairs bathroom comprising a corner shower, wc, wash hand basin and heated towel rail.
Off the hall is the kitchen-diner with a range of base units, ceramic sink, electric hob and oven, dishwasher and built-in breakfast bar.
The charming sitting room has exposed beams and an open fire housed in a stone surround with wooden mantle. Stairs lead to the first floor with two double bedrooms.
Outside Accessed from a parish road is an off street parking space leading to a covered patio area and wooden door to locked storage area, perfect for bikes and garden tools.
Across Wesley Way is a private walled garden and patio area. Services Mains water, mains electricity, mains drainage. Electric heaters and open fireplace.
Broadband availability: Ultrafast and Standard adsl, Mobile signal coverage: Voice and Data limited availability (Ofcom). Please note the agents have not inspected or tested these services.
Viewings Strictly by prior appointment with the vendors sole agents Stags.
Directions From Launceston head west along the A30 towards Bodmin passing through Two Bridges and continuing along and exiting at the Altarnun/Five Lanes.
Proceed down the slip road and at the roundabout take the third exit which comes back under the A30 and proceed to the t-junction. At the t-junction turn left and proceed to the hamlet of Trewint.
On entering the hamlet you will see on the left hand side a brown sign to the John Wesley museum.
Take the turning on the left by the sign into Wesley Way and you will find the property first on the left. House ///committed.games.iron Garden ///fewest.towel.vented
Value & comps
No previous sales on record.
Returns
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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.
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