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See how verdicts work4-bedroom house · TR18 5ED
Listing removedListed 215 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A detached former artist studio, now a lovely family home, which was built in the late 20's and 1930's and offers spacious accommodation, enjoying views across Newlyn Harbour towards Mount's Bay and beyond and set within large gardens.
The spacious and unusual accommodation comprises of large living room with high ceilings and four multi pane casement windows to both the front and rear with wood burner, stripped wood flooring, 23ft hallway, utility, shower room and kitchen/dining room on the ground floor.
On the first floor there are three double bedrooms, office and a bathroom.
The property is accessed over a private pedestrian lane and is surrounded by established gardens with a raised summer house enjoying the aforementioned sea view.
This unique, highly individual property is gas centrally heated and double glazed where stated and viewing is highly recommended.
Property additional info Wooden front door with arched and glazed fanlight over into: Hallway: 23' 3" x 8' 10" (7.09m x 2.69m) Painted wood floor, stairs rising with cupboards under, radiator, door to rear, double glass doors to: Living room: 23' 7" x 15' 6" (7.19m x 4.72m) Four large single glazed multi pane casement picture windows to both the front and rear enjoying sea views, high ceiling, wood burner on granite hearth with rendered surround, four radiators.
Utility room: 8' 5" x 6' 6" (2.57m x 1.98m) Gas boiler, plumbing for washing machine, skylight, wash hand basin, door to: Shower room: Double glazed window to side, WC, heated towel rail, fully tiled mains shower cubicle.
Kitchen/dining room: 19' 7" x 8' 0" (5.97m x 2.44m) Slate floor, double glazed to two side enjoying views across Newlyn Harbour towards St Michael's Mount, fitted bookshelf, skylight, base units with worksurfaces and hand built Clive Bowen tiles over, built in oven, hob, extractor fan, one and half bowl stainless steel sink unit.
First floor landing: Access to loft. Bedroom one: 15' 9" x 11' 7" (4.80m x 3.53m) Two multi pane casement windows to front with views over Newlyn, radiator, wooden floor, built in wardrobes.
Bedroom two: 10' 3" x 8' 9" (3.12m x 2.67m) Window, wooden floor, radiator. Bedroom three: 11' 6" x 8' 8" (3.51m x 2.64m) Dormer window with sea views, radiator, built in wardrobe.
Study/office: 11' 6" x 5' 0" (3.51m x 1.52m) Window, wooden floor, radiator.
Bathroom: Dormer window with views, painted wooden floor, heated towel rail, bidet, WC, bath with shower over, pedestal wash hand basin, shelved cupboard.
Outside: The property is approached over a pedestrian pathway leading to the gardens which surround the property, laid to lawn with established trees and bushes, patio adjacent to the dining room enjoys views across Newlyn Harbour towards St Michael's Mount, wooden shed, rear garden laid to lawn with raised wooden summer house, again enjoying the views with further wooden shed.
The gardens are fully enclosed by established trees and shrubs, giving a high degree of privacy and enjoying the views. Services: Mains water, electricity, gas and drainage.
Agents note: We understand from Openreach website that Full Fibre Broadband (FTTP) is available to the property. We tested the mobile phone signal for O2 which was good.
The property is constructed of block under a slate tiled roof. Directions: Via "What3Words" app: ///folk.snored.submerge Roof type: Slate tiles. Mobile signal/coverage: Good.
Construction materials used: Brick and block. Water source: Direct mains water. Electricity source: National Grid. Sewerage arrangements: Standard UK domestic. Heating Supply: Central heating (gas).
Broadband internet type: FTTP (fibre to the premises). Parking Availability: No.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Upper House, Belle Vue, Newlyn, Penzance
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