2-bedroom flat · TR18 5AJ
For saleReduced £7.5k (−2.1%) on 11 SepListed 125 days
Opportunity summary
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About
An exceptionally well-presented two-bedroom ground floor apartment enjoying breathtaking sea views across Newlyn Harbour and the stunning waters of Mount's Bay.
The apartment forms part of Antoine Villa, an elegant period residence built in 1863 and sympathetically converted into four apartments in 1965.
This charming home offers spacious and light filled accommodation, featuring an impressive 30' living room with attractive parquet flooring, a contemporary fitted kitchen, two well-proportioned bedrooms and a modern shower room.
Patio doors from the living room open directly onto the terraced communal gardens, providing the perfect spot to relax and take in the spectacular, ever-changing coastal scenery.
The property further benefits from double glazing, a garage, and communal parking. Viewing is highly recommended to fully appreciate the accommodation, setting, and outstanding views on offer.
Perched above the picturesque working harbour of Newlyn, the apartment is ideally situated less than four hundred yards from the village's excellent range of amenities, including shops, galleries, cafés, and restaurants.
Renowned for its vibrant fishing community and coastal charm, Newlyn offers a wonderful lifestyle in one of Cornwall's most sought-after locations.
Accommodation Comprises From communal hallway, private entrance door opening to:- Entrance Hallway A central hallway leading off to the bathroom, bedroom, kitchen and reception room.
Open recessed book shelf. Cloak hanging space. Built-in storage cupboard housing the immersion tank. Wooden floorboards and radiator.
Bedroom One (11' 9'' x 9' 4'' (3.58m x 2.84m) plus door recess) Double glazed window. Radiator. Bathroom Bath with over mains shower above, WC and wall mounted wash hand basin. Heated towel rail.
Small recess with shelf. Double glazed obscured window.
Reception/Sitting Room (30' 1'' x 11' 4'' (9.16m x 3.45m)) A stunningly light and bright room with parquet flooring and a large double glazed window with window seat below taking in the stunning sea views into Newlyn harbour and out into Mount's Bay.
Granite fireplace. Double glazed patio doors opening onto the garden. Two radiators.
Space for dining room table and opening to the:- Kitchen (15' 10'' x 7' 11'' (4.82m x 2.41m) maximum measurements) Range of units with wooden worktops over incorporating an inset two bowl ceramic sink.
Spaces for under counter fridge, upright fridge/freezer and cooker with extractor hood above. Recessed open shelves. Extractor hood. Parquet flooring.
Bedroom Two (9' 1'' x 7' 0'' (2.77m x 2.13m) plus door recess) Double glazed window and radiator.
Communal Garden The communal gardens are to the front of the property with small lawns and a paved sun terrace with stunning sea views into Mount's Bay.
Range of flower beds with established plants, small trees and a patio. Communal Parking There is a communal parking area to the front of the property.
Single Garage (Not Measured) Located approximately fifty yards from the property and with an up and over door. Services Services, mains water, mains drainage, mains electric and mains gas.
Leasehold Information The property is leasehold with a share of the freehold with three other properties and is offered with a residue of a 999-year lease that commenced October 1965.
We have been advised that historically there has been no annual service charge and this has been done on an as and when basis when required. No holiday letting is permitted.
Agent's Notes The Council Tax band for the property is band 'B'.
Directions From Penzance head along the seafront towards Newlyn, when you reach the Newlyn bridge crossroads continue straight across and up Chywoone Hill.
The property can be found four hundred yards up on the left-hand side. If using What3words:- reclined.sandwich.flip
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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FAQ
About Flat 3, Antoine Villa, Chywoone Hill, Penzance
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