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See how verdicts work3-bedroom house · TR18 4HR
For saleListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the heart of Penzance’s historic seaward quarter, this traditional period home offers much more than meets the eye.
The property features a cleverly extended ground floor with an open, flowing layout that links the various living areas, creating a sense of space and connectivity throughout.
The accommodation leads naturally from the initial dining area into the lounge, continuing through to a suite of versatile spaces including a study, office, and practical storeroom.
This "room-to-room" flow makes the house incredibly adaptable; whether you need a dedicated workspace, a hobby room, or simply extra storage, the layout can be tailored to suit your lifestyle.
The ground floor is completed by the kitchen and a convenient shower room. Upstairs, the first floor comprises three bedrooms, offering comfortable accommodation in a bright, coastal atmosphere.
The Lifestyle: Living on the seaward side puts the best of Penzance on your doorstep.
You are a level walk away from the iconic Jubilee Pool and the sub-tropical Morrab Gardens, while the town’s independent shops and cafes are just around the corner.
Outside: The property enjoys low-maintenance garden areas to both the front and rear.
With no onward chain, this is an excellent opportunity for those looking for a functional, multi-purpose home in a prime coastal location.
Tenure: Freehold *** services: Mains Gas, Electric, water & Drainage *** heating: Gas Central Heating *** council tax: Band B *** EPC: E (49 80) *** Ofcom suggest Standard Broadband is available, there is FTTP and that Mobile phone coverage is good on most networks.
Elevations & Garden Entrance Vestibule Hall Lounge/Dining Room (3.65 x 6.50 (11'11" x 21'3")) Study Area (1.96 x 3.25 (6'5" x 10'7")) Kitchen (2.29 x 2.91 (7'6" x 9'6")) Inner Hall Shower Room Office/Storage Rooom Storage Room (2.96 x 1.76 (9'8" x 5'9")) Landing & Stairs Bedroom 1 (4.51 x 3.07 (14'9" x 10'0")) Bedroom 2 (2.87 x 2.95 (9'4" x 9'8")) Bedroom 3 (2.33 x 2.95 (7'7" x 9'8"))
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 12, Redinnick Terrace, Penzance
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