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See how verdicts work3-bedroom terraced house · TR18 4HS
Sold STCReduced £10k (−3%) on 27 OctListed 119 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on one of Penzance's most sought-after terraces, this spacious three-bedroom period home presents a fantastic opportunity to create a wonderful family home in an exceptional location.
Bay View Terrace is renowned for its peaceful, family-friendly atmosphere while being just a short, level walk from the town centre, local amenities and the promenade.
The accommodation is generously proportioned throughout and retains the traditional layout typical of homes of this era.
On the ground floor, there is a welcoming living room, a separate dining room and a kitchen overlooking the rear courtyard.
The first floor offers three well-proportioned double bedrooms, together with a family bathroom and the convenience of a separate WC.
Outside, the property enjoys an attractive frontage, while to the rear is a private courtyard providing access to the garage—an increasingly valuable feature so close to the town centre.
Unrestricted on-road parking is readily available along the terrace.
Having been a much-loved family home for many years, the property now offers an exciting opportunity for a new owner to modernise and update to their own taste.
Offered to the market with no onward chain, it is ideally suited to buyers looking for a character property with excellent potential. Walking distance to schools, pubs and the train and bus station.
The market town of Penzance and its working harbour lies in a sheltered corner of Mounts Bay in South West Cornwall.
The town offers all amenities including: schools, doctors, churches, banks, shops, restaurants and the famous Jubilee pool and Morrab gardens. The neighbouring town of Newlyn is approx. 1 mile away.
Marazion 3 miles. Sennen, Porthcurno and St.Ives all within a short drive. Entrance Hall Wooden front door. Half-glazed door into inner hall. Stairs rising. Understairs storage.
Door to- Living Room 3.35m x 3.05m Single-glazed Bay windows to front. Radiator, wooden floors. Inset gas wood burner with granite and wooden surround.
Dining Room 2.77m x 3m Wooden floors, radiator, single-glazed sash to rear. Former fireplace recess. Kitchen 3.05m x 2.44m UPVC double-glazed window to side and fully glazed door.
Sink and drainer, space for fridge/freezer, gas cooker and further freezer. Extractor. First floor Access to loft on the landing.
Bedroom 3 3.66m x 3.05m UPVC double-glazed window to rear. Radiator, wooden floors, boiler. W.C. 1.22m x 0.91m UPVC double-glazed window to side. W.C.
Bathroom 1.52m x 2.13m UPVC double-glazed window to side. Bath, basin, shower, radiator. Bedroom 2 2.77m x 3.05m Single sash to rear. Small storage cupboard. Wooden floors, radiator.
Bedroom 1 3.05m x 3.96m Single-glazed Bay window and sash to front. Wood floors, radiator. Built in wardrobes to one wall. Garage 3.05m x 3.96m Up and over door.
Window to side, plumbing to washing. Power and lighting. Rear courtyard Tap, washing line, gate to rear lane. Council Tax Band B. Services Mains water, drainage, gas and electric.
Broadband We believe from the Openreach website that full fibre is available at the property.
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 Bay View Terrace, Penzance, TR18
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