2-bedroom detached house · TR18 2HH
For saleListed 55 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Sandpiper is a stylish two-bedroom townhouse perfect for modern living. Thoughtfully designed with spacious interiors, a contemporary kitchen, garage and sea views.
This home offers comfort and convenience in a sought-after location. Ideal for anyone seeking low maintainance and practical living.
History Of The Location Originally built as a private residence in the 19th century, the Cliff Hotel on Penrose Terrace in Penzance was later converted into a hotel and was a favoured destination for Victorian and Edwardian visitors.
Once a luxurious retreat offering a blend architecture and coastal beauty, the Cliff Hotel played a key role in Penzance's seaside charm.
Over time, as travel trends evolved, the hotel ceased to operate in its original form, but its rich heritage remained.
About The Area Penzance is a historic town and port located in Cornwall, at the western end of the country.
It is known for its picturesque coastal setting, rich maritime history, and artistic culture.
The town overlooks Mount's Bay and offers stunning views of the iconic St Michael's Mount, a tidal island with a medieval castle.
Penzance is a excellent base for exploring West Cornwall, including destinations like Land's End, the Minack Theatre, and St Ives.
It offers a mix of history, seaside beauty, and cultural experiences, making it a unique and inviting place to live.
About The Developer Selleck Nicholls Ltd is a family-owned company that has been under its current ownership since 1984. Over the years, the housebuilding industry has evolved significantly.
Despite these changes, Selleck Nicholls Homes has remained one of the region's leading house builders by prioritizing quality, craftsmanship, and attention to detail.
The company continues to create desirable homes that cater to a diverse range of buyers.
Directions 1-2 Penrose Terrace, Penzance, TR182HH WHAT3WORDS: Workshops.staked.daydream Disclaimer Artist impressions are for illustrative purposes only.
Floor plans are for identification purposes only.
All prospective buyers should note they are intended for guidance only and nothing contained therein should be a statement of fact or representation or warranty.
All areas and dimensions are approximate and should not be relied upon in any way and in particular, room dimensions should not be used to determine measurements of furniture, appliances or floor coverings.
Every effort has been made to ensure no statements are misleading. The site plan is not to scale and may be inaccurate and does not form any part of a contact of sale.
Material Information Tenure: Freehold Council Tax: Band tbc with Cornwall Council Mains: Water, drainage, electricity Heating: Air source heat pump Flood Risk: Surface Water - Low, Rivers and Sea - Very Low Parking: Garage and parking Metalliferous Mine Search Required.
This does not mean there is definitely a mining threat to your property; however, MineScanner® has identified a threat somewhere within a 2000m radius & that a Mining Search report is needed to discount or clarify any further risks Restrictive Covenants: Please discuss with the developer
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
FAQ
About 5 Petrellen Court,, Lanoweth Terrace, Cornwall
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