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See how verdicts work2-bedroom terraced house · TR19 6RN
Listing removedListed 250 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Centrally located two bedroom end of terrace character cottage, with sea views over Mount's Bay from the first floor, conveniently placed for most amenities.
The property has well proportioned living accommodation, which makes an ideal first time buy and really needs to be viewed internally to appreciate its full potential.
Cherry Garden Street is a popular area only a short stroll from the harbour and most amenities of the village. The main town of Penzance is approximately 4 miles away with a regular bus service.
Due to the popularity of properties such as this we recommend an early appointment.
Property additional info Entrance door to: Living room: 11' 8" x 10' 1" (3.56m x 3.07m) Window seat, sea glimpses, granite fireplace, tiled flooring, night storage radiator.
Dining room: 9' 3" x 9' 0" (2.82m x 2.74m) Window seat, beamed ceiling, tiled flooring, understairs storage cupboard, electric radiator.
Kitchen: 11' 7" x 5' 10" (3.53m x 1.78m) Stainless steel inset single drainer sink unit with cupboards below, wall and base units, worksurfaces, power points, built in oven and four ring hob, stable door to outside.
Stairs from dining room to: First floor landing: bedroom one: 11' 10" x 10' 1" (3.61m x 3.07m) Sea views over Mousehole village towards the Lizard and beyond, electric radiator.
Bedroom two: 12' 4" x 8' 6" (3.76m x 2.59m) Wash hand basin, electric radiator.
Bathroom: White suite comprising panelled bath with shower over, pedestal wash hand basin, low level WC, cupboard housing hot water cylinder. Outside: Small flower bed to the front.
Directions: Entering Mousehole from the Newlyn side, proceed through the village passing the Ship Inn on your right and around the right hand bend.
Just after the Four Teas Cafe, Cherry Garden Street can be found ahead of you and slightly to the right whereby the property can be found on the corner.
Services: Mains water, electricity, and drainage. Agents note: We understand from Openreach website that Full Fibre Broadband (FTTP) is available to the property.
We tested the mobile phone signal for Vodafone, in the property, which was intermittent. The property is built of granite under a tiled roof. Roof type: Others. Mobile signal/coverage: Intermittent.
Construction materials used: Others. Water source: Direct mains water. Electricity source: National Grid. Sewerage arrangements: Standard UK domestic. Heating Supply: Central heating (electric).
Broadband internet type: FTTP (fibre to the premises). Parking Availability: No.
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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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.
Area
Agent & docs
FAQ
About Corner Cottage, 1 Cherry Garden Street, Mousehole, Penzance
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