2-bedroom house · TR18 5EL
For saleReduced £6k (−2%) on 29 JunListed 234 days
Opportunity summary
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About
Description Offered to the market with no onward chain is this two bedroom end of terrace family home that enjoys lovely elevated views over the fishing port of Newlyn to Penzance, Mounts Bay, St Michaels Mount and across to Lizard Point.
The property further benefits from a useful attic space, majority uPVC double glazing along with a tiered front garden.
The home is warmed via a gas central heating system with accommodation in brief comprising sitting room, kitchen/dining room and bathroom to the ground floor; the two bedrooms of which one benefits from a WC to the first floor along with the useful attic space to the second floor.
This property must be viewed to be fully appreciated so an early inspection is highly recommended.
Location The quaint historic fishing village of Newlyn offers a variety of local amenities to include local shops, café's, traditional character public houses, restaurants, galleries and primary schooling together with the renowned 'Newlyn Filmhouse'.
The larger market town of Penzance being approximately one mile distant and on a bus route offers more extensive facilities including primary and secondary schooling together with main line bus and rail links.
Wooden panelled door to... entrance vestibule Attractive tiled flooring. Wooden part obscure glazed door to... Entrance hallway Wooden parquet flooring. Stairs rise to first floor. Doors to...
Sitting room - 3.34m max x 3.32m max (10'11" max x 10'10" max) uPVC double glazed window to front with lovely far reaching views over Newlyn harbour to Penzance, Mounts Bay and across to St Michaels Mount.
Fireplace (not in use) with surround and mantle. Recessed arched alcoves to either side with low level cupboard space. Radiator.
Kitchen/dining room - 4.24m max x 3.17m max (13'10" max x 10'4" max) uPVC double glazed window to rear. Worksurface area with inset sink and drainer.
Space for electric oven with extractor above, dishwasher and tumble dryer. Cupboards and drawers below. Tiled surrounds. Cupboards above. Wall mounted gas combination boiler. Under stairs storage.
Space for upright fridge/freezer. Radiator. Door to... Rear vestibule Wooden stable door to rear courtyard. Cupboard with space for washing machine. Tiled flooring. Door to...
Bathroom - 1.79m x 1.75m max (5'10" x 5'8" max) Skylight roof window. Panelled bath with electric shower over. Further mixer tap shower. Pedestal wash hand basin. Close coupled WC.
Wall mounted heated towel rail. Tiled flooring. First floor uPVC double glazed window to rear. Doors to...
Bedroom one - 3.21m max x 2.92m max (10'6" max x 9'6"max) uPVC double glazed window to front, again enjoying the aforementioned views. Wooden flooring. Radiator.
Stairs rise to useful attic space with storage under. Door to... WC uPVC double glazed window to front, again enjoying the lovely views. Close coupled WC. Pedestal wash hand basin.
Bedroom two - 3.23m x 2.77m (10'7" x 9'1") uPVC double glazed window to rear. Radiator. Attic space - 4.57m x 3.12m (14'11" x 10'2") Skylight roof windows to front and rear elevation. Eaves storage.
Radiator. Outside front - Wooden gated access with pathway and steps ascending to the property. Tiered garden with two areas of lawn along with a paved patio seating area.
Rear - Courtyard with timber shed and gated side access. Outside tap.
Agents notes Property Type & Construction: Granite or whin, as built, no insulation (assumed) System built, as built, no insulation (assumed)| Electric: Mains | Water: Mains | Drainage: Mains | Heating: Boiler and radiators, mains gas | Broadband: FTTP, adsl | Mobile Coverage: Networks likely available are O2, EE, Vodafone and Three all with varying signal | Parking: On Street.
Permit parking maybe available in the nearby St Peter's car park which is operated by Cornwall County Council | Restrictions/Covenants: Unknown | Rights of Way/Easements: Unknown | Flood Risk: No | Coastal Erosion Risk: No | Planning Permission: No | Accessibility/Adaptations: No | Coalfield/Mining Area: Historic tin mining area | aonb/Conservation Area/Listed: Conservation area | Local Authority: Cornwall County Council | Property orientation from front: Northerly | Viewings - By appointment via Andrew Exelby Estate Agents disclaimer: These sales particulars should act as a general guide.
We have not carried out a detailed survey, nor tested services, appliances, and/or specific fittings.
Some data above is dependent upon third party suppliers and responses were correct at the time of listing.
Measurements and floorplans are a guide and should not be relied upon for carpets, furnishings, etc.
If there are any important matters, which are likely to affect your decision to buy, please contact us before viewing this property.
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.
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FAQ
About 1, Lyn Terrace, Penzance
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