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See how verdicts work2-bedroom terraced house · TR20 8EY
Listing removedReduced £30k (−13.6%) on 20 JunListed 417 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Open views across surrounding countryside from the front of this charming two bedroom character cottage located in an area known as Churchtown Ludgvan within close proximity of open countryside and a short distance from the main towns of Penzance and Hayle.
The property has much charm and character throughout and would make an ideal first time purchase or investment home and really needs to be viewed internally to appreciate to the full.
A particularly attractive feature is the enclosed garden to the rear laid to lawn, well stocked with shrubs and flowers.
Wayside Cottage has well proportioned accommodation being double glazed and situated in a sought after village location.
Property additional info entrance hall: Opening to: Living room: 11' 6" x 9' 9" (3.51m x 2.97m) Delabole slate fireplace, double glazed windows with views over surrounding countryside and window seat, tv point, beamed ceiling.
Dining room: 11' 0" x 6' 4" (3.35m x 1.93m) Beamed ceiling, double glazed window overlooking rear garden with window seat, under stairs storage cupboard, electric radiator.
Kitchen: 6' 2" x 5' 5" (1.88m x 1.65m) Inset single drainer sink unit with cupboards below, built in four ring hob, space for fridge and microwave, tiled flooring, double glazed window.
Stairs from dining room to: first floor: Built in cupboard, electric radiator. Bedroom one: 9' 4" x 7' 7" (2.84m x 2.31m) Double glazed window with views over surrounding countryside.
Bedroom two: 9' 1" x 7' 0" (2.77m x 2.13m) Double glazed window with views over surrounding countryside.
Bathroom: White suite comprising panelled bath with chrome mixer tap and shower attachment, pedestal wash hand basin, low level w.c., double glazed window overlooking the rear garden, built in airing cupboard housing water cylinder.
Outside: There is an enclosed cottage style rear garden mainly laid to lawn with mature shrubs which create a good degree of privacy, flower borders and shed.
Services: Mains water, electricity and drainage. Agents note: We understand from that Superfast Fibre Broadband (fttc) should be available to the property.
We checked the phone signal with Vodafone which was intermittent. The property is constructed of granite under a slate tiled roof.
Directional note: Via What3Words: ///droplet.fuses.amid Roof type: Slate tiles. Mobile signal/coverage: Intermittent. Construction materials used: Others. Water source: Direct mains water.
Electricity source: National Grid. Sewerage arrangements: Standard UK domestic. Heating Supply: Wood burner/open fire. Broadband internet type: Fttc (fibre to the cabinet). Parking Availability: No.
Value & comps
No previous sales on record.
Returns
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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 Wayside Cottage, Ludgvan, Penzance
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