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See how verdicts work3-bedroom house · TR18 3NE
Listing removedListed 348 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £385,000 to £400,000.
Set across three thoughtfully arranged levels, this immaculately presented, recently refurbished bungalow set in the heart of Gulval offers exceptional flexibility, stylish upgrades, and a peaceful village lifestyle just moments from Penzance and the Cornish coast.
The ground floor features its own separate living accommodation, including two spacious bedrooms, a bright living/dining room, a newly fitted kitchen with utility area, and a modern family bathroom-all enhanced by a new boiler and radiators, and finished to an impeccable decorative standard.
The first floor adds two versatile attic rooms, one with an en-suite shower room, ideal for guests or extended family.
Please note that one of the bedrooms on this level has restricted headroom, making it best suited for occasional use or storage.
The basement level is a standout feature, offering a private entrance, a generous bedroom, open-plan living area, and a contemporary shower room, perfect as a annexe or studio.
Externally, the property benefits from a well-maintained garden, private driveway parking, and a secure outbuilding, ideal for use as a compact workshop or storage space.
With easy access to scenic walks, local amenities, and transport links, this beautifully upgraded (truncated) Material Information What3Words - ///raced.labs.tabs Tenure - Freehold Local Authority - Cornwall Council Council Tax Band - C Mains Gas, Electricity, Water & Drainage Gas Central Heating Cornwall is situated within an historic mining area therefore a mining search is advisable on all homes Parking - Driveway
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
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FAQ
About 3, Pendrea Place, Penzance
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