2-bedroom semi-detached house · PL34 0DU
For saleReduced £15k (−4.8%) on 24 AugListed 104 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lantern Cottage is an attractive two-bedroom semi-detached home that has been thoughtfully renovated to combine character features with modern comforts.
Situated on the edge of the historic village of Tintagel, adjacent to the village primary school, the property enjoys an enviable countryside setting with far-reaching rural views and glimpses of the coastline.
The welcoming ground floor offers a bright and spacious living area filled with natural light from large windows.
Characterful exposed beams, solid oak flooring and an impressive granite fireplace with a wood-burning stove create a warm and inviting focal point, making this an ideal space to relax throughout the year.
The kitchen has been designed with both practicality and style in mind, featuring ash work surfaces, a range of fitted cupboards and drawers, a slate sink area and a distinctive glass brick feature wall.
There is space for a cooker with lpg gas hob and a dishwasher, providing a functional and attractive cooking space.
A staircase rises to the first floor where a generous half-landing provides an ideal area for a home office or reading nook, enhanced by a large double-glazed window overlooking the surrounding countryside.
From the rear of the property there are views across Tintagel with glimpses of the sea in the distance.
The first floor also offers two well-proportioned bedrooms together with a stylish family bathroom fitted with underfloor heating, a freestanding bath and a separate shower enclosure.
Access to the loft is available from one of the bedrooms, where the combination boiler is located.
Externally, the cottage benefits from a delightful south-facing garden designed for ease of maintenance, complete with mature planting, a patio seating area and a garden shed.
A detached garage, accessed directly from the garden, provides useful storage and parking, featuring an up-and-over door together with a pedestrian side entrance. A viewing is highly reccomended.
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.
Area
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FAQ
About Lantern Cottage,, Treven, Cornwall
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