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See how verdicts work4-bedroom semi-detached house · TR18 2FU
Sold STCReduced £4k (−2.6%) on 20 JunListed 329 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Shared ownership four bedroom house available to purchase from a 40% share from £156,000 with a minimum 5% mortgage deposit of £7,800. Call today to arrange your appointment to view.
Welcome to this well presented four bedroom semi-detached family home situated in Penzance. An early viewing is highly advised to appreciate this property.
Accommodation to the ground floor provides a light and spacious kitchen diner, lounge with double doors providing direct access to the private and established garden, cloakroom and access to the integral garage which is currently set up as work room with light and power.
The first floor provides four bedrooms which are all generous in size (with the master bedroom providing an en-suite) and a family bathroom.
To the outside of the property you will find a garden to the rear. The garden is of low maintenance, fully enclosed and is the perfect spot for alfresco dining during the summer months.
Other benefits include a shed with a work bench which is also perfect for extra storage, garage and driveway.
Centenary Way is situated in a convenient location with easy access to local primary/secondary schools, college, hospital and doctors surgeries. From Eastern Green take the A30 towards Lands End.
Take the second exit at the first roundabout and then the first exit at the second. Centenary Way can be found on the right hand side just past the Fire Station.
Full Market Value: £390,000 40% Share Price: £156,000 Rent on un-owned share: £482.73 a month.
Service charge £-0.34 Estate charge £0.00 Buildings insurance £15.46 LiveWest Management Charge £0.00 Reserve fund payment £0.00 Total monthly payment excluding rent £15.12 (these are subject to change during the purchase process) You may purchase a higher share should you qualify to.
*The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment.
With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase.
The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.
When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these.
Agents note re Mobile Signal: Taken from the Ofcom Website EE, O2, Vodafone: Good outdoor and In-home Three: Good outdoor
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 advisers 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.
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FAQ
About 23, Centenary Way, Cornwall
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