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See how verdicts work2-bedroom flat · TR18 3RE
For saleReduced £10k (−9.1%) on 21 SepListed 75 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This chain free, two bedroom ground floor flat in need of some renovation is situated in a quiet housing development in the village of Heamoor, on the outskirts of Penzance.
The property is situated within an established residential neighbourhood, close to local amenities including shops, schools, healthcare services, and regular public transport links.
Penzance town centre and Railway station is just over a mile away, providing convenient access to wider transport networks.
The area offers easy access to the Cornish coastline, local parks, and nearby countryside, making it suitable for a range of buyers seeking a well-connected residential location.
Rosehill Gardens is situated in the popular residential area of Heamoor, on the northern edge of Penzance.
The property benefits from a convenient location within walking distance of a range of local amenities, including convenience stores, schools, healthcare facilities, and regular public transport services.
Penzance town centre is approximately one mile away and provides a comprehensive range of shopping and leisure opportunities, together with the mainline railway station offering direct services to London Paddington.
The nearby A30 provides good road connections to the rest of Cornwall.
The property is also well placed for access to the South West Coast Path, Mount's Bay, and the surrounding countryside, offering a variety of recreational and outdoor activities.
Heamoor is a well-established residential community, making the location suitable for families, professionals, and retirees seeking convenient access to local services while enjoying the attractions of West Cornwall.
Accommodation Comprises Entrance door opening to:- Entrance Hallway A central hallway with doors off to the kitchen, reception room, both bedrooms and bathroom. Understairs storage cupboard.
Kitchen (9' 10'' x 8' 9'' (2.99m x 2.66m) maximum measurements) Fitted units and sink, laminate flooring, storage and boiler cupboard.
Window to front aspect Sitting Room (12' 2'' x 10' 11'' (3.71m x 3.32m)) Double glazed window to rear aspect and radiator.
Bedroom One (10' 9'' x 9' 0'' (3.27m x 2.74m)) Double bedroom, laminate flooring, double glazed window to rear aspect and radiator.
Bedroom Two (9' 9'' x 5' 9'' (2.97m x 1.75m)) A single size bedroom, front aspect double glazed window and radiator. Bathroom Bath with shower over, wash hand basin and WC.
Front aspect frosted double glazed window. Outside Front Patio slabbed front entrance leading to double glazed panel front entrance door.
Services Mains water, mains drainage, mains electric and mains gas. Leasehold Information A new new 999 year lease will be created upon the sale.
The monthly charges will be £16.68 for service charges and buildings insurance contribution. Please note that the property cannot be used as a holiday let.
Agents Note Please be advised that the Council Tax band for the property is band 'A'.
Directions From Long Rock roundabout, take the exit onto the A30 towards Penzance and continue for approximately two miles.
At Chy-an-Mor roundabout, take the second exit to remain on the A30 towards Heamoor.
At the next roundabout, take the third exit onto Roscadghill Road and continue for approximately three quarters of a mile.
Proceed up the hill and take the fourth righthand turning into Rosehill Gardens.
On entering Rosehill Gardens, take the first right into the parking courtyard where the property is the last flat on the far righthand side of the parking area.
If using What3Words:- poetry.pointed.keen
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.
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FAQ
About 19, Rosehill Gardens, Penzance
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