2-bedroom terraced house · TR11 3BA
Sold STCListed 144 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The accommodation in brief comprises of enclosed front and rear courtyard gardens, two double bedrooms, open plan style lounge with separate kitchen, a useful utility area and has space for a tumble dryer and washing machine.
The location plays a key part, with the house being within easy reach of the main street, The Dell train station and bus stops close by which provides a regular service to the Falmouth University (Tremough Campus), Penryn and the cathedral city of Truro.
A short stroll will take you to Gyllyngvase Beach which is one of only eight Blue Flag beaches in Cornwall, beautiful Kimberley Park, the bustling town centre and waterside districts plus at the far end of town, The National Maritime Museum, Pendennis Castle and The Events Square which plays host to a number of festivals throughout the year.
As the vendors sole agents, we highly recommended an early appointment to view. Why not call for your personal appointment today?
THE ACCOMMODATION COMPRISES: Steps leading up to a UPVC double glazed door into: LOUNGE - 3.91m x 3.96m (12'10" x 13'0") Cosmetically refreshed and painted, newly fitted carpet, UPVC double glazed window overlooking the front elevation, small under stairs storage, central pendant light, radiator, opening to the kitchen.
KITCHEN - 1.83m x 3m (6'0" x 9'10") With a range of matching wall and base units in black with grey effect work surfaces, central pendant spotlight, single stainless steel sink unit with hot and cold mixer tap and space for a fridge freezer, integrated electric cooker and hob with extractor fan over, serving hatch to the lounge, single glazed window overlooking the rear, half glazed wooden door leading onto the rear garden.
STAIRS Leading up to a spacious hallway with newly fitted carpet, loft storage space, smoke alarm, pendant light and radiator.
BATHROOM - 2.13m x 2.03m (7'0" x 6'8") Comprising of a white suite, low level wc, sink, bath with shower over, extractor fan and a frosted UPVC double glazed window and single radiator.
BEDROOM ONE - 4.06m x 3.68m (13'4" x 12'1") Up to the boiler cupboard.
Freshly painted, newly fitted carpet, UPVC double glazed window overlooking the front elevation, enclosed storage cupboard, housing the boiler, white six panel door with chrome handle.
BEDROOM TWO - 3.23m x 2.18m (10'7" x 7'2") Overlooking the rear garden, freshly painted, newly fitted carpet, central pendant light, radiator and white single panel door with chrome handle.
OUTSIDE FRONT GARDEN A paved area which gives right of way to two other cottages in the block. COUNCIL TAX BAND A SERVICES Mains drainage, water, gas and electric.
MONEY LAUNDERING Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
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.
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