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See how verdicts work2-bedroom flat · TR26 1HD
For saleReduced £105k (−21%) on 3 SepListed 223 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stunning two bed luxury apartment, in a premium location overlooking Portminster beach and enjoyed stunning views from both bedrooms, open plan living space & enclosed balcony.
Adjacent to the famous Tate gallery, this beautiful apartment is flooded with an abundance of natural light. The property also has the huge benefit of a private underground garage.
This attractively presented luxury apartment has magnificent views across Porthmeor, The Island, St.Ives Harbour and Porthminster Point, and is ideally located in the heart of St Ives.
The generous open plan living space is bright and airy and takes full advantage of the breath-taking sea views from its opulent bay window, in addition to views through the adjoining balcony towards Porthmeor.
The Kitchen boasts integrated appliances and is perfect to enjoy the spectacular location. Both bedrooms have the luxury of fantastic sea views, with the main bedroom being treated to its own ensuite.
The property has a family bathroom and a separate utility/boiler room. There is also personal storage, as well as a private, underground parking space.
Material Information: Whatt3words: ///sobs.assume.merely Tenure: Leasehold 976 years remaining Services: Mains electric, gas, water and drainage Heating: Gas, underfloor, new boiler in 2025 Council Tax: Band D with Cornwall Council Parking: One space Mining: Metalliferous Mining Search Required Service Charge: £3,078.68 pa not including insurance.
Ground Rent £200 pa Agent notes: Pets with prior consent. Planning number for land opposite PA23/06561
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
Agent & docs
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FAQ
About 4 The Galleries,, Godrevy Terrace, Cornwall
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