2-bedroom semi-detached house · TR18 5JU
Opportunity summary
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About
Superbly positioned, renovated traditional cottage with views across Mounts Bay. 2 bedroom waterside property with gardens and parking.
Entrance Hallway, utility area, bathroom, 2 bedrooms, kitchen / dining room and sitting room. Gardens, Parking. EPC Band E.
Situation - Occupying a prime waterfront location, this property boasts breathtaking panoramic views over Mounts Bay, with the picturesque skyline of Penzance in the distance.
The dynamic coastal scenery and the daily comings and goings of the local fishing fleet lend the home an unmistakable maritime charm.
Nestled in the heart of Newlyn—a lively village steeped in fishing tradition and artistic flair—residents enjoy access to a vibrant community.
The village is home to one of the UK’s finest fresh fish markets, alongside a variety of local shops including a Co-op, butcher, bakery, pharmacy, and more.
A beloved local greengrocer offers an array of seasonal produce, and no trip to Newlyn is complete without indulging in a scoop of the iconic Jelbert’s ice cream, treasured by both residents and tourists.
Newlyn’s creative energy is evident in its many independent art galleries and acclaimed eateries, cementing its status as a cultural and culinary destination on Cornwall’s coast.
The property benefits from private off-street parking, with additional parking readily available nearby—one of the closest options being just 100 meters away on Fore Street.
Well-served by public transport, Newlyn offers easy connections to nearby Penzance and the charming harbour village of Mousehole.
The Property - This beautifully presented semi-detached character cottage has been recently updated, now featuring a stylish new kitchen and contemporary bathroom.
Offering two generous double bedrooms—both enjoying far-reaching views across Mounts Bay—the property combines comfort with a stunning coastal outlook.
Located on the outskirts of the vibrant fishing village of Newlyn and a short walk from the historic and picturesque village of Mousehole.
The cottage enjoys sea views, off-street parking, and a thoughtfully landscaped garden that has become a standout feature—ideal for outdoor living and entertaining.
The heart of the home is a newly created open-plan kitchen and dining area, designed for modern lifestyles.
Additional benefits include upgraded services throughout and a practical utility area, enhancing both convenience and functionality.
This is a superb opportunity to acquire a turnkey waterside property in a highly sought-after location, blending traditional charm with modern comfort.
Outside - The property benefits from a well-designed terraced garden, primarily laid to lawn, which gently ascends to a spacious, paved patio area.
This elevated spot makes the most of the home’s exceptional position, providing a perfect vantage point to enjoy sweeping views across Mounts Bay.
Ideal for al fresco dining, entertaining, or simply relaxing with a morning coffee or evening drink, the patio creates a tranquil outdoor retreat.
The layout of the garden not only enhances the sense of space and privacy but also beautifully complements the coastal setting, making it a true extension of the home’s living area.
Plot - The plot and garages next door have Planning permission granted.
For further information please visit Cornwall Council Planning PA24/07176 & PA24/00097 The Plot is also available to buy through Stags West Cornwall.
Parking - The property offers off street parking to the side, with additional public parking meters away. Services - Mains water, electricity and drainage. Electric heating.
Ultrafast Broadband Available - Ofcom Mobile Phone Three, O2 Likely. EE & Vodafone Limited.
- Ofcom Viewings - Strictly by prior appointment with Stags West Cornwall Directions - Leaving Penzance, head towards Newlyn and continue along the water's edge toward the harbour.
As you pass the one way section on the outskirts of Newlyn towards Mousehole, 2 Pembroke Cottage will be evident on your right hand side.
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
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FAQ
About Fore Street, Newlyn, Penzance
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