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See how verdicts work5-bedroom house · TR19 7HE
Listing removedListed 60 daysAuction 17 Sep · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Key Features Lot 128 for sale by auction on 17/09/2026 To view the property or see a virtual tour please refer to the full sales particulars on the auctioneers website Comprising Five x 1 Bedroom self contained Flats Four Flats are subject to Assured Periodic Tenancies and One Flat is Vacant Lease with approximately 980 years unexpired Total gia of Flats (Source: EPC) approximately 216 sq m (2,325 sq ft) The A3071 is within easy reach to the south, in turn providing access to the A30 to the east A range of local shops and amenities are easily accessible in Market Square.
Further and more extensive facilities are available in Penzance to the east Several Beaches, including Sennen Cove are within easy reach Key Locations The property is situated on the west side of Market Square, at its junction with Market Street A range of local shops and amenities are easily accessible in Market Square.
Further and more extensive facilities are available in Penzance to the east The A3071 is within easy reach to the south, in turn providing access to the A30 to the east Penzance station (National Rail) is 7.5 miles to the east Cape Cornwall School is 0.2 miles to the north west Numerous coastal walks are available and several beaches, including Sennen Cove are also within easy reach Viewings The property will be open for viewing on Monday 7th September, Thursday 10th September and Monday 14th September between 10:00 - 10:30 a.m.
These are open viewing times with no need to register. If you cannot attend the viewing you are advised to view the images and any available virtual tour on our website before bidding.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 13 The Flat, Arica House, Market Square, Nr. Penzance
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