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See how verdicts work4-bedroom house · TR18 3AB
Listing removedListed 129 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to acquire a substantial period property of real character, currently undergoing a transformation from four self-contained flats into an impressive four-bedroom, four-bathroom family home.
This handsome residence retains many beautiful original features that reflect its historic significance, offering a wonderful blend of heritage charm and modern potential.
The current owner has already undertaken significant work, with first-fix now fully underway, including the installation of a brand new heating system, laying a solid foundation for the next stage of development.
The accommodation is arranged over multiple levels, with the basement currently used as living accommodation while works are ongoing, providing immediate usable space.
The remainder of the property offers a blank canvas, giving the next owner the opportunity to tailor the interiors to their own taste and specification.
Once completed, 28 Lannoweth Terrace has the potential to become a truly impressive and spacious family home, combining generous living space with four bedrooms and four bathrooms.
Perfectly placed for both convenience and connection, Lannoweth Road is within easy walking distance (truncated) Material Information What3Words: ///scaffold.mole.puts Tenure: Freehold.
| Parking: Off-street. | Local Authority - Cornwall Council. | Surface Water Flood: Low. | Council Tax – D. | Services - Mains Gas, Electric, Drainage & Water. | Heating - Gas Central Heating.
| Cornwall is situated within an historic mining area therefore a mining search is advisable on all homes. |
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 28, Lannoweth Road, Cornwall
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