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See how verdicts work2-bedroom bungalow · TR18 3AZ
For saleListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented two-bedroom freehold chalet, offered to the market chain free and situated on a generous double-width plot, within easy reach of Penzance town centre, the seafront and local amenities.
The property is in very good condition throughout, offering bright and well-maintained accommodation comprising a fitted kitchen, a generous living/dining room, two bedrooms and a shower room.
Fully double glazed, the chalet also benefits from gas central heating and a recently serviced combination boiler.
A particular feature of the property is the exceptionally generous and private garden, offering considerably more outside space than would typically be expected.
The established gardens feature a variety of mature trees and shrubs, including a cherry tree and flowering wisteria, creating a pleasant and secluded setting.
A raised decked seating area provides space for outdoor dining and entertaining.
Further benefits include a substantial detached workshop with electricity and water connected, additional hardstanding suitable for a garden shed or storage, and private off-road parking.
The park also provides additional visitor parking.
Conveniently positioned within walking distance of Penzance town centre and the seafront, the property is well placed for a range of shops, supermarkets and everyday amenities, whilst enjoying a quiet and private setting.
The chalet itself is freehold, with the land held on a leasehold basis. Ground rent is approximately £200 per calendar month, and the park permits up to two pets.
A well-maintained and easy-to-manage home, with the added benefits of generous private gardens, excellent outside storage and parking, offered with no onward chain.
The market town of Penzance and its working harbour lies in a sheltered corner of Mounts Bay in South West Cornwall.
The town offers all amenities including: schools, doctors, churches, banks, shops, restaurants and the famous Jubilee pool and Morrab gardens. The neighbouring town of Newlyn is approx. 1 mile away.
Marazion 3 miles. Sennen, Porthcurno and St.Ives all within a short drive.
1/2 Glazed wooden door into: Entrance Porch Door to: Kitchen 3.38m x 1.83m Upvc double-glazed window to rear, sink and drainer, electric cooker with extractor over.
Recess to fitted fridge freezer.
Fitted base and eye level units with worktops over, through to: Living/Dining Room 3.02m x 5.5m Upvc double-glazed window to both sides, 3 radiators, door to storage cupboard housing gas boiler and storage.
Upvc double-glazed French doors onto side deck. Bathroom 1.24m x 2.16m Upvc double-glazed window to side, shower, w/c, wash hand basin with storage below, heated towel rail.
Bedroom 1 2.44m x 3m Radiator, Upvc double-glazed window to front, built-in shelf. Bedroom 2 2.44m x 2.77m 2 Upvc double-glazed windows to rear, radiator, built-in shelving.
Outside to Front Off road parking for one vehicles. Gate through to patio area, side access to rear. To Rear Further patio area, large recess perfect for a shed. Leading to side garden.
Slate paving, planted boundaries, very private, tap. Concrete Workshop 4.27m x 2.44m Upvc double-glazed window to front and side, power, plumbing for washing machine.
Services: Electricity, mains water and drainage, Mains gas. Council Tax: Band A.
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
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FAQ
About Eastern Green, Penzance, TR18
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