3-bedroom house · TR20 9RE
Listing removedListed 194 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Semi detached three bedroom home occupying A good size plot and sold with no onward chain. Cash buyers only.
A viewing is recommended of this spacious semi-detached home, situated in a quiet residential area in the sought after village of Praa Sands.
The property is being sold with no onward chain, and due to its construction is only available to cash purchasers. Please see agents note for more details.
The property is accessed via an entrance porch to the side aspect, with a door opening into the kitchen dining room.
A light and spacious room with space for a dining table, kitchen fitted with wall and base cabinets, as well as a feature solid fuel burner which can also supply hot water.
From the kitchen a door opens into a hallway, with stairs rising to serve the first floor, rear aspect door opening to the rear garden, and access to the living room.
The living room is a good size room, with front aspect windows. At first floor, the landing affords an airing cupboard and a loft access hatch.
Doors opening to three bedrooms, with the two front elevation bedrooms being very spacious doubles with coastal views. The third bedroom is a large single/small double with a rear aspect window.
The bathroom features a good size shower, with fully tiled walls and a wash hand basin. There is also a separate WC adjoining the bathroom.
Externally the property benefits from a generous plot, with large lawn areas complimented with mature hedges.
To the front of the property is an area laid to patio with outbuildings providing storage and a garden WC. Timber decked area leads down to a lawn area.
There is an off-road parking area, laid to stone chippings for up to 2 vehicles.
Agents note Please note that the property is of “Cornish unit” construction and is therefore only available to cash purchasers.
The property is also under a section 157 meaning purchasers will have to have lived in Cornwall for a minimum of three years, or alternatively have a strong local connection.
Buyers are encouraged to contact Cornwall Council to confirm eligibility. Services Mains water, electricity and drainage. Electric heating. Tenure – freehold. Council Tax – Band A. EPC – E.
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
Agent & docs
FAQ
About 36, Pengersick Estate, Penzance
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