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For saleListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Requiring a degree of modernisation, this three bedroomed terraced home is just ready for someone to put their own stamp on it.
Internally at ground floor level there is a generous lounge with log burner, a spacious kitchen/diner and a lean-to garden room. Upstairs there are three bedrooms, a bathroom and a separate WC.
The house is double glazed and warmed via gas central heating to radiators.
Having gardens to both the front and rear, we feel that with upgrading carried out this could make a most comfortable family home. Chain free sale.
Located in the popular and well regarded village of Heamoor which benefits from a junior and secondary school along with a convenience store, fish and chip shop, bakery and public house all within walking distance.
The village is also within walking distance, or ride on the bus, to Penzance which is less than a mile away.
Penzance is a vibrant town and the largest in West Cornwall and a popular tourist resort because of its lovely promenade and fantastic sea views into Mount’s Bay.
Along with many independent shops Penzance has a train and bus station. There are lovely rural walks to enjoy nearby and the beaches of Longrock and Marazion are less than two miles away.
Accommodation Comprises UPVC double glazed panel door with side panel to:- Entrance Porch Wall mounted consumer unit.
Doorway to:- Living Room (16' 11'' x 15' 9'' (5.15m x 4.80m)) Double glazed window to front. Radiator. Feature fireplace with slate hearth and granite lintel housing wood burner. Laminate flooring.
Stairs rising to first floor. Double doors to:- Kitchen/Diner (15' 8'' x 9' 4'' (4.77m x 2.84m)) Fitted with a range of light wood effect wall and base cupboards with roll edge worksurfaces over.
Space for cooker. Space and plumbing for washing machine. Stainless steel single drainer sink unit. Two double glazed windows to rear. Radiator.
Door to:- Lean-To Garden Room (14' 0'' x 6' 10'' (4.26m x 2.08m)) Door to rear garden. First Floor Landing Access hatch to loft. Airing cupboard housing gas combination boiler.
Doors to:- Bedroom One (14' 10'' x 9' 4'' (4.52m x 2.84m)) Double glazed window to front. Radiator. Bedroom Two (11' 6'' x 7' 6'' (3.50m x 2.28m)) Double glazed window to rear. Radiator.
Bedroom Three (10' 2'' x 6' 1'' (3.10m x 1.85m)) Double glazed window to front. Radiator. Bathroom Fitted with a white suite comprising panelled bath and pedestal wash handbasin.
Obscure double glazed window to rear. Separate WC Wc. Obscure double glazed window to rear. Radiator.
Outside To the front of the property there is a garden which is enclosed by picket fencing and currently a blank canvas ready to be created.
The rear garden is paved for ease of maintenance and has gated access to the rear pedestrian service lane. Services Mains water, mains electricity, mains drainage and mains gas.
Agents Note The Council Tax band for the property is band 'C'. There is a stipulation in the title deeds that the property cannot be used for holiday letting.
Directions From Chyandour take the A30 and at Treneere roundabout take the first exit. Turn immediately right on to Polmeere Road and then continue straight on to Manor Way.
Continue the the end where the property will be found on the left hand side. If using What3words:- with.grape.drank
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.
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FAQ
About Manor Way, Penzance
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