2-bedroom terraced house · PL10 1BH
Listing removedListed 241 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautiful character cottage, set in the picturesque village of Millbrook, comprising two double bedrooms, large kitchen/diner, lounge, bathroom and pretty gardens which enjoy village and rural views.
EPC E Ideal Homes are delighted to bring to the market this charming cottage, nestled within the popular lake side village of Millbrook.
Ideally positioned in South East Cornwall, within the Rame Peninsula, famous for its dramatic cliffs, unspoilt golden sandy beaches and rocky coves.
This area is perfect for those wishing to live a quiet coastal lifestyle, whilst having Plymouth city centre within close reach.
Millbrook itself, offers great amenities such as shops, doctors surgery, cafes, pubs and primary school.
Local residents describe Millbrook as having a vibrant and friendly community, with various clubs and events all year around. This stunning home is set over three levels, and has two main entrances.
The ground floor entrance opens in to a generous kitchen/diner. Beautifully presented, with plenty of space for dining and entertaining. Inset multifuel burner. Stairs rise to the first floor.
The middle floor of this home has flat access to the second entrance with spacious porch.
Here you will find the main reception room, light and airy with dual aspect windows, enjoying the surrounding vista and providing plenty of natural light.
A particular feature of this room is the inset fireplace housing a wood burner. Stairs rise from here to the second floor.
This floor offers two double bedrooms, both full of light and have the benefit of fabulous views, over the pretty village and surrounding countryside.
The bathroom has been thoughtfully designed and has a bath with mains shower over, low level flush WC and wash hand basin.
Outside there is a wonderful enclosed garden, with areas to include, lawn, patio and flower/plant borders. On road parking is available directly next to the property.
Early viewings are essential to see what this quirky Cornish home has to offer.
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 1, Mount Pleasant, Cornwall
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