2-bedroom flat · TR18 5PA
For saleListed 9 daysAuction 5 Nov · in 13 days
Opportunity summary
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About
For sale by online auction on 5th November 2026 in conjunction with Clive Emson Auctioneers.
Requiring a program of modernisation, this ground floor two bedroomed flat offers well-proportioned accommodation which consists of a spacious living room, kitchen/diner, two bedrooms and a bathroom.
There is a communal parking area to the rear of the development on a first come first served basis. The flat is double glazed and warmed via gas central heating to radiators.
Offered for sale in conjunction with Clive Emson Auctioneers. For a copy of the full auction catalogue and the legal pack for the property please go to or contact Clive Emson Auctioneers on .
Newlyn has a rich history in the fishing industry and many boats land their catch of the day at the harbourside.
Newlyn has become a popular place to visit as it has a selection of art galleries along with a cinema and a number of restaurants serving fine food.
You can also enjoy the sea front and take the fifteen minute level walk into the larger market town of Penzance.
Penzance has a wide range of retail outlets and bus and train stations to connect further afield if needed.
Accommodation Comprises Composite front door to:- Entrance Hall Doorway to:- Inner Hall Built-in cupboard. Doors to:- Living Room (13' 6'' x 10' 10'' (4.11m x 3.30m)) Double glazed window to front.
Radiator. Kitchen/Diner (12' 5'' x 9' 1'' (3.78m x 2.77m)) Fitted with a matching range of light wood effect wall and base cupboards with roll edge worksurfaces over.
Spaces for fridge/freezer, washing machine and cooker. Two double glazed windows to rear. Wall mounted gas boiler. Radiator.
Bedroom One (10' 3'' x 9' 3'' (3.12m x 2.82m) plus recess) Double glazed window to front. Radiator. Bedroom Two (9' 2'' x 7' 4'' (2.79m x 2.23m)) Double glazed window to rear. Radiator.
Bathroom Fitted with a white suite comprising panelled bath, low level WC and pedestal wash handbasin. Obscure double glazed window to rear. Radiator.
Services Mains water, mains electricity, mains drainage and mains gas. Agent's Notes Council Tax band ‘A’. Offered for sale in conjunction with Clive Emson Auctioneers.
For a copy of the full auction catalogue and the legal pack for the property please go to or contact Clive Emson Auctioneers on .
Leasehold Information The property is being sold with a new 999 year lease. The current service charged is £62.36 per calender month and the Buildings Insurance £12.72 per calender month.
There is a stipulation in the title deeds that the property cannot be used for holiday letting. Please refer to the legal pack for more information.
Directions From the Red Lion Public House proceed west along Cliff Road, passing the Fisherman’s Arms and then take a sharp right turn on to Higher Green Street.
The development will be seen after a short distance on the left hand side. If using What3words armful.prowling.barrel
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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