1-bedroom flat · TR18 5JW
For saleReduced £10k (−6.3%) on 24 SepListed 134 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain free! Craving coastal living? It doesn’t get much closer than this modern ground floor apartment on Fore Street.
Having been updated with a modern finish and a layout that flows well throughout, this property presents an excellent opportunity for a single occupant or a two-person household.
It also offers an ideal setting for a seaside bolt-hole or a potential investment for holiday letting. For further guidance on estimated holiday letting income, please contact the team at Bradleys.
Upon entering the home, you are welcomed into an open-plan living area, where the kitchen features a breakfast table that seamlessly connects through to the lounge.
Towards the rear, a versatile space which is currently arranged as a sleeping area, could equally function as a snug or dining room.
From here, you turn the corner to access the bathroom and the double bedroom.
Overall, the property offers a stylish and low-maintenance home, equally suited for personal use or as an attractive holiday home prospect.
Material Information What3words: ////mavericks.torches.outfit Tenure - Freehold to be sold with a 999 year lease. | All freehold maintaince is shared with 4 Church Street. | Parking - On-street.
| Local Authority - Cornwall Council. | Council Tax – A. | Heating – Gas Central Heating. | Mains – Gas, Electricity, Water & Drainage.
| A local holiday letting agent has estimated revenue based on 30 weeks occupancy of the below: Expectation £22,000.
| Cornwall is situated within an historic mining area therefore a mining search is advisable on all homes.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 26, Fore Street, Penzance
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