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See how verdicts work2-bedroom house · TR18 4PX
Sold STCListed 158 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the ever popular Alverton Estate development which is a level walk from the local amenities of Penzance, this spacious two bedroom terraced house is being offered for sale with no onward chain.
The property requires refreshment and comprises of a spacious living room, kitchen/diner, store room and WC on the ground floor.
On the first floor, there are two double bedrooms and a family bathroom. To the rear of the property, there is a generous garden (currently overgrown).
As previously mentioned, the property is located in Alverton Estate development which is a level walk to the town centre and the wonderful promenade that takes in the sea views over Mount's Bay.
There is a regular bus service to Penzance and Newlyn nearby and the thriving town of Penzance has a wonderful range of shops to explore and a good variety of restaurants, galleries and antique shops.
The tropical Morrab Gardens are close by as is Penlee Park which hosts the Penlee Gallery and Museum.
There is primary schooling within half a mile of the property and Humphry Davy Secondary School is approximately one mile away.
ACCOMMODATION COMPRISES Glazed panelled front door opening to:- ENTRANCE PORCH Window to the rear.
Further glazed panelled door to:- ENTRANCE HALL Understairs storage cupboard, dogleg stairs to the first floor and radiator.
Door to:- LIVING ROOM 16' 11'' x 9' 9'' (5.15m x 2.97m) maximum measurements into recesses Feature fireplace with tiled hearth and surround (not currently in use).
Double glazed window to front. Radiator. KITCHEN/DINER 15' 5'' x 8' 9'' (4.70m x 2.66m) plus doorway recess Double glazed windows to the front and rear.
Fitted with a matching range of light wood effect wall and base units having adjoining roll top edge working surfaces and incorporating an inset stainless steel single drainer sink unit.
Space and plumbing for washing machine, space for cooker, larder cupboard and wall-mounted gas boiler. Door to:- REAR LOBBY Doors to rear garden.
STORE ROOM 9' 7'' x 8' 7'' (2.92m x 2.61m) maximum measurements COAL STORE Double glazed window to the rear. CLOAKROOM High cistern WC.
FIRST FLOOR LANDING Access hatch to loft space and radiator.
Doors off to:- BEDROOM ONE 15' 7'' x 8' 10'' (4.75m x 2.69m) maximum measurements Double glazed windows to the front and rear. Radiator.
BEDROOM TWO 9' 10'' x 8' 6'' (2.99m x 2.59m) plus doorway recess Double glazed window to the front. Radiator. BATHROOM Obscure glass double glazed windows to the side and rear.
Fitted with a white suite comprising of a panelled bath, pedestal wash hand basin and WC. Radiator.
OUTSIDE FRONT To the front of the property, there is a token fore garden with steps leading down to the house.
REAR The rear garden is of a generous size and enclosed by panelled fencing. Pleased be advised that this garden is currently overgrown.
SERVICES Mains water, mains electricity, mains drainage and mains gas. AGENT'S NOTES The Council Tax Band for this property is Band 'B'.
Please note there is an annual estate charge of £114.40 towards maintenance of the development. DIRECTIONS From St John's Hall, proceed west along Alverton Road.
Upon reaching Alverton Road, go past the Pirate Inn and then take the second turning left onto Penpons Close. The property will be identified after a short distance on the left-hand side.
If using What3words: eternally.airbag.fumes
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.
Area
Agent & docs

FAQ
About Penpons Close, Penzance - Requiring refreshment
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