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See how verdicts work2-bedroom house · PL34 0BZ
Listing removedReduced £30k (−12%) on 20 JunListed 180 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Here we have a classic yet unusual Cornish cottage in a fantastic location, a very short walk from Tintagel centre.
This 2 bedroom cottage retains many traditional features and has a warm, comfortable, cozy feel. The layout is quite unusual, but this only adds to its charm.
The property also has a good sized garden as well as its own designated parking to the rear. Situation Cartwheel Cottage enjoys a South facing plot within a hundred yards of Tintagel town centre.
Tintagel is a holiday hotspot on the North Coast of Cornwall and offers a good range of social, commercial, and shopping facilities.
Directly opposite the property, a footpath leads to the ancient coastal Tintagel church, King Arthurs island Castle, and the dramatic South West coastal footpath.
A short car or bus journey takes you to other popular holiday sites such as Boscastle, Wadebridge, Bude, etc.
Accommodation Sun Room - 13'3" (4.04m) x 8'5" (2.57m) The property is entered via wooden hand gate from Molesworth Street. A path leads around the sun room to a glazed upvc door to the side.
The sun room and garden are South facing, making the most of the sunshine. The sun room has windows to two sides and a tiled floor.
Electric and lighting is installed making the sun room a multi use space. At present it is used as a study but could easily be utilised as a summer dining room or sitting room.
Dining Room - 13'0" (3.96m) x 12'0" (3.66m) A bright and comfortable room with a window looking out onto the garden.
A newly installed wood burning stove provides secondary cooking facilities and an alternative heating source to the oil central heating.
An arched opening separates the dining room from the lounge area.
Central heating radiator Lounge - 12'0" (3.66m) x 11'9" (3.58m) Open to the dining room via an arched access, this room is bright and welcoming with a South facing window looking out onto the garden.
Exposed beam ceiling with a head height of 6' 1" giving that authentic cottage feel. Two central heating radiators.
Kitchen - 25'6" (7.77m) x 6'8" (2.03m) Surprisingly large kitchen space which could also incorporate a breakfast bar or table to the far end.
To the near end there is a range of units with worktop space. An inset composite sink with mixer tap. Room for a cooker, fridge freezer, washing machine, dish washer etc.
Two windows look out to the rear parking area. At the far end, a turning staircase leads to the bedrooms and bathroom. Under stairs storage cupboard.
First Floor Landing Bedroom One - 13'1" (3.99m) x 11'7" (3.53m) Good sized double room with South facing dormer window. Vaulted ceiling with exposed timbers. Central heating radiator.
Bedroom two - 13'0" (3.96m) x 12'6" (3.81m) Another bright and airy double room with vaulted ceiling, exposed timbers, South facing dormer window. Built in cupboard. Central heating radiator.
Bathroom - 6'6" (1.98m) x 7'0" (2.13m) Large opaque window to the rear aspect. Panelled bath with electric shower over. Glass splash screen. Low level WC. Pedestal wash hand basin.
Central heating radiator. Outside To the rear of the property is a private car park with a designated parking space for this property.
This is also the location of the external 'Grant' oil central heating the front is a good sized lawn garden with stone wall and fence boundary.
To the side of the sun room is a patio area to further take advantage of the South facing aspect. Agents notes This is a traditional and slightly quirky cottage with tons of charm.
It exudes a very 'homey' feel. If I was to change anything, it would probably be to open up the lounge diner into one open space but that would be a matter of preference!..
All it needs is a new owner to bring their own personality to this lovely 2 bedroom home. Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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 Cartwheel Cottage, Molesworth Street, Tintagel
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