2-bedroom flat · TR18 3AB
To rentReduced £100 (−5.9%) on 19 OctListed 51 days · slow let
Opportunity summary
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About
A stunning two-bedroom, fully furnished apartment situated within Allen House, an impressive Victorian building in the popular coastal town of Penzance.
Following an extensive refurbishment, the property has been finished to an exceptional standard throughout, combining the character of this striking period building with high-quality contemporary living and beautiful coastal views across Mount's Bay towards St Michael's Mount.
The accommodation comprises two generous double bedrooms, with the principal bedroom benefiting from fitted wardrobes and a high-end wall-mounted TV.
The stylish bathroom has been finished to an excellent specification and features a large 1200mm shower, vanity mirror with demister pad and heated towel rail.
At the heart of the apartment is a luxury fully fitted kitchen with an excellent range of integrated appliances, including a dishwasher, waste disposal unit, integrated waste bin and wine cooler.
The kitchen also provides direct access onto a private terrace, creating a superb additional space to relax and enjoy the coastal setting.
The spacious lounge/dining area provides an impressive space for both relaxing and entertaining and comes complete with a TV offering access to Netflix, Apple TV, BBC iPlayer and Prime Video.
Further benefits include full-fibre internet included within the rent, underfloor heating, electric blinds, an intruder alarm and a washer/dryer discreetly housed within the hallway cupboard.
The property is offered fully furnished and also benefits from an allocated parking space.
A beautifully finished apartment offering an exceptional standard of accommodation in a fantastic coastal location. EPC Rating: C (80) Council Tax Band: A
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Allen House, Penzance
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