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See how verdicts work4-bedroom detached house · PL27 7TB
For saleListed 358 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Springfield is a pretty detached stone built character home set in the middle of the hamlet of Penrose on a level plot.
Featuring a lounge with wood burner together with a generous 6.9m kitchen/dining room which has a Rayburn oil fired cooking range.
To one side is a large UPVC double glazed conservatory with double doors to the garden, together with a separate utility room on the ground floor.
At first floor Springfield offers 4 bedrooms and family bathroom and the property also has the benefit of LPG central heating and UPVC double glazing.
The gardens offer great privacy, together with the advantage of a detached stone built garage.
For those purchasers seeking a real character home in a quiet hamlet setting Springfield should be considered ideal and an early viewing appointment is highly recommended.
Penrose is an idyllic rural village located approximately two miles from St Merryn and five miles from Padstow. Within a one and a half - five miles are many of North Cornwall's finest sandy beaches.
Merlin golf course is approximately two miles distance with the championship links golf course of Trevose just four miles away.
Many of North Cornwall's finest surfing bays are within four miles as is Newquay airport which offers a number of national and international flights..
ACCOMMODATION WITH ALL MEASUREMENTS BEING APPROXIMATE: DOUBLE GLAZED FRONT DOOR IN UPVC FRAME OPENING TO: ENTRANCE PORCH Double glazed on two sides in UPVC frame, quarry tiled floor, timber door to: ENTRANCE HALL Radiator, stairs to first floor, stripped timber floors.
LOUNGE - 3.4m x 2.9m (11'1" x 9'6") Double glazed window in UPVC frame to front, feature fireplace housing wood burner on slate hearth, radiator, beamed ceiling, stripped timber floors.
KITCHEN/DINING ROOM - 6.9m x 3.3m (22'7" x 10'9") Double glazed window in UPVC frame to front, the kitchen is fitted with a range of units comprising on base cupboards with worktop over and wall cupboards above, integral electric oven and four ring hob, Butler style sink unit with mixer tap, Rayburn Royale oil fired cooking range set in tiled recess, slate flagged floor, former fireplace recess in dining area (not in use), radiator, stripped timber floors.
CONSERVATORY - 5.5m x 4m (18'0" x 13'1") Double glazed in UPVC frame with French doors to garden and further door to side.
UTILITY ROOM - 2.6m x 2.3m (8'6" x 7'6") Window to side, space and plumbing for washing machine, sink unit with cupboard under, low flush WC, double cupboard housing LPG boiler supplying central heating.
FIRST FLOOR LANDING Radiator, stripped timber floor. BEDROOM ONE - 3.5m x 2.7m (11'5" x 8'10") Double glazed window in UPVC frame to front, built-in wardrobe, radiator, stripped timber floors.
BEDROOM TWO - 3.4m x 2.6m (11'1" x 8'6") Double glazed window in UPVC frame to front, radiator, stripped timber floor.
BEDROOM THREE - 2.4m x 2m (7'10" x 6'6") Double glazed window in UPVC frame to front, stripped timber floors.
BEDROOM FOUR - 2.4m x 2.3m (7'10" x 7'6") Double glazed window in UPVC frame to side, double airing cupboard housing hot water cylinder with slatted shelving, stripped timber floors.
BATHROOM Panelled bath with electric shower and glazed shower screen, pedestal wash hand basin and low flush WC, radiator, stripped timer floors, window to rear.
OUTSIDE ATTACHED WORKSHOP - 2.7m x 2.5m (8'10" x 8'2") Double glazed window in UPVC frame to front, light and power.
DETACHED STONE BUILT GARAGE Under slatted roof with double timber doors opening to front. GARDEN There is a private level patio at one side together with lawn.
A pathway around to the rear of the house leads to small slate courtyard with a further garden laid to lawn on the other side of the house which is laid to lawn with natural shrubs and stone built log store.
A further garden extends to the front with lawn and enclosed with mature hedge boundary. TENURE Freehold COUNCIL TAX BAND D WHAT 3 WORDS sunflower.straying.culling
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 Penrose, Wadebridge, PL27 7TB
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