2-bedroom flat
To rentListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented and recently renovated, unfurnished, lower ground floor, 2 bedroomed apartment.
The property benefits from fitted modern kitchen with some integral appliances, allocated parking for one car and mains gas under floor heating.
The accommodation with approximate dimensions is as follows: The apartment entrance (own front door) can be accessed by a front gate from the pavement or through the car park.
The front door is a painted wooden door with glazed unit above into: Lobby Carpeted, wall light, smoke detector, carpeted, wall mounted handrail, white wooden sash window.
Carpeted stairwell with emergency lighting and consumer unit, down to: Hallway Wood laminate flooring, pendant lights, smoke detectors, underfloor heating thermostat White painted wooden door from hallway into: Kitchen/living room – 2.97m x 3.68m living area – 4.41m x 3.21m Wood laminate flooring, pendant lights, white wooden sash windows, TV points, telephone points, thermostat for underfloor heating, smoke detector, cupboard with shelving.
Kitchen area Tiled flooring. Fitted base and wall mounted (some glazed) kitchen units with drawer units, corner units with carousels, pull out shelving, bin drawer, wine rack.
Wooden Butchers block style worktops with separate plate drainer. Breakfast bar with two bar stools. Double white ceramic Butler’s sink with waste plugs and mixer tap with built in extendable hose.
White wooden sash windows. Tiled splashback to worktops. Electric oven and gas hob. Extractor hood with lights. Plumbing for appliance. Slimline dishwasher. Track spotlights.
Adjustable copper effect pendant light. Smoke detection and carbon monoxide alarm. Tiled splashback to worktops. Gas fired boiler.
White painted wooden door from hallway into: Bedroom 1 – 4.51m max decreasing to 3.52m x 3.24m Wood laminate flooring. White wooden sash window. Underfloor heating with wall mounted thermostat.
Pendant light. Tv points. Telephone point. White painted wooden door from hallway into: Shower room Tiled floor and part tiled walls. Wall mounted chrome heated towel rail.
Rectangular white plastic shower tray with chrome waste cover, glass shower cubicle with sliding door, wall mounted shower controls.
White ceramic washbasin with chrome mixer tap set into vanity unit with two drawers, wall mounted mirror, wall mounted towel ring, bulkhead light, WC roll holder, wall mounted medicine cabinet, low level WC.
White painted wooden door from hallway into: Bedroom 2 – 2.16m x 3.80m Wood laminate flooring. White wooden window. Underfloor heating with wall mounted thermostat. Pendant light. Smoke detector.
TV opints. Telephone point. Allocated parking for one car (accessed via Trewithen Road) Viewing by appointment only. Tenants will be subject to affordability checks.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Area
Agent & docs
FAQ
About Alverton Road, Penzance
Explore nearby