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Sivarajah✦Bartlett
Property Group
Conversion of Pub House into 5 flats
and 2 new Build Cottages
Former Grenville Arms, 1 Fore Street, Troon, Cornwall, TR14 9EF
The Location
Troon is a charming Cornish village located near Camborne and within reach of the A30, Cornwall’s main arterial route. The property sits in the heart of the village, surrounded by residential homes and community infrastructure. It’s well suited for local housing demand, particularly from families, key workers, and downsizers.
The Strategy
Convert and New Build
Financials
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Purchase Cost: £200,000
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Conversion & Professional Fees: £544,000
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Finance Costs: £113,000
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Sales Costs: £14,000
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Total Costs: £871,000
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GDV: £1,015,000
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Profit: £144,000
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Profit on GDV: 14.19%
Current Status
Completed and Sold Direct
to Council
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