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See how verdicts work2-bedroom terraced house · TR19 7DN
Listing removedListed 263 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description With reputedly the smallest frontage in West Penwith, this endearing cottage sits in the Square at Pendeen. Once inside, the space on offer is altogether surprising.
A good-size living and dining room with its inglenook fireplace has good ceiling height and exposed beams. There are recesses for storage, as well as an understairs storage cupboard.
Also on the ground floor are the kitchen and bathroom; both with rooflights ensuring light, bright spaces.
The kitchen looks and leads out to the rear garden where a pretty, lawned garden is bordered by raised beds and offers an enclosed space for pets.
To the first floor are two bedrooms, both having exposed floorboards and double glazing.
The garage to the rear is accessible from the rear access lane, or via the uPVC door at the rear of it which leads straight in to the pretty garden of the cottage.
Alternatively, there is a timber gate that leads to the lane at the rear across a small patio belonging to the next door neighbour.
Location Pendeen is a fantastic village with a strong community spirit and much to offer residents. The area has a strong history linked to mining and is in the Cornish Mining World Heritage Site.
The village offers a convenience shop, several pubs, a primary school, and various eateries within easy reach.
There is also the Centre of Pendeen; a brilliant resource that is well-used by locals for activities, markets, and festivities. Pendeen is a short walk to the rugged and wild West Cornwall coast.
Living/dining room - 5.98m x 3.53m (19'7" x 11'6") - max Spacious living and dining room with exposed beams and a granite inglenook fireplace with a wood burning stove installed.
Under stairs storage cupboard, plus recess. UPVC double glazed window to rear. Carpet. Radiator.
Kitchen - 2.13m x 2.07m (6'11" x 6'9") Range of base and some wall units with laminate worktops and stainless steel sink and drainer with tiled splashbacks.
Timber, double glazed window plus Velux rooflight and part-glazed door out to rear garden. Vinyl floor. Bathroom Suite comprises of bath with electric shower over, wash basin and WC.
Tiled surrounds with inset shelves. Velux rooflight. Bedroom - 3.57m x 3m (11'8" x 9'10") Double bedroom with uPVC double glazed window and exposed granite wall. Wooden floorboards. Radiator.
Bedroom - 2.84m x 2.39m (9'3" x 7'10") - max Smaller double bedroom with uPVC double glazed window to front and built-in storage cupboard. Wooden floorboards. Radiator.
Rear garden Lawned and enclosed rear garden with raised beds and a wood store. Pathway leads to timber gate that leads across small piece of land belonging to next door and out to access lane.
Door off garden straight in to garage. Garage - 6.03m x 2.76m (19'9" x 9'0") Single garage with window and door to garden. Up & over door.
Agents notes Property Type & Construction: Granite or whinstone, as built, no insulation (assumed), Solid brick, as built, insulated (assumed) | Electric: Mains | Water: Mains | Drainage: Mains | Heating: Central heating, boiler and radiators, woodburner | Broadband: Fttc, adsl | Mobile Coverage: Networks likely available are O2, Vodafone, with EE and Three being limited | Parking: Garage | Restrictions/Covenants: No | Rights of Way/Easements: Access to rear across neighbours land | Flood Risk: No | Coastal Erosion Risk: None | Planning Permission: None | Accessibility/Adaptations: None | Coalfield/Mining Area: Historic tin mining area | aonb/Conservation Area/Listed: aonb, Conservation area | Local Authority: Cornwall County Council | Property orientation from front: East | Viewings - By appointment via Andrew Exelby Estate Agents rental potential: To discuss the long-term, residential rental potential of this property, or any other, please contact Whitlocks in Penzance who will be able to guide you through the process.
Their telephone number is . Disclaimer: These sales particulars should act as a general guide. We have not carried out a detailed survey, nor tested services, appliances, and/or specific fittings.
Some data above is dependant upon third party suppliers and responses were correct at the time of listing.
Measurements and floorplans are a guide and should not be relied upon for carpets, furnishings, etc.
If there are any important matters, which are likely to affect your decision to buy, please contact us before viewing this property.
Value & comps
No previous sales on record.
Returns
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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 9, The Square, Penzance
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