We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · TR18 2DH
Listing removedListed 342 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION Offered to the market with NO ONWARD CHAIN is this three bedroom mid terrace town house that is conveniently located for the town of Penzance.
The property has retained a number of character elements within and further benefits from majority uPVC double glazing along with a good size rear courtyard garden and single garage.
The home is warmed via a gas central heating system with accommodation in brief comprising sitting room, dining room, kitchen, and bathroom to the ground floor with the three double bedrooms to the first floor.
There is also a useful large attic space with plentiful storage space. This lovely property must be viewed to be appreciated so an early inspection is highly recommended.
LOCATION The bustling market town of Penzance offers a wide range of amenities to include restaurants, local and specialist shops, character public houses together with nearby primary and secondary schooling.
Good commuter links are provided by the bus and main line railway station which are approximately 300 yards distant. Wooden panelled door to... ENTRANCE VESTIBULE Wooden part obscure glazed door to...
ENTRANCE HALLWAY Wooden flooring. Stairs rise to first floor with storage under. Radiator. Doors to... SITTING ROOM - 3.57m x 3.49m (11'8" x 11'5") uPVC double glazed window to front.
Feature fireplace (not used) with a wooden surround and mantle along with a tiled hearth. Recessed arched alcoves to sides with low level storage cupboards. Wood effect flooring. Radiator.
DINING ROOM - 3.22m x 3.05m (10'6" x 10'0") uPVC double glazed window to rear. Feature fireplace (not used) with wooden surround and mantle. Recessed shelved alcoves to sides with low level storage.
Wooden flooring. Radiator. KITCHEN - 3.15m x 2.66m (10'4" x 8'8") uPVC obscure double glazed door to side along with a uPVC double glazed window.
Work surface area with an inset stainless steel sink and drainer. Cupboards and drawers below. Spaces for washing machine and gas oven with extractor over. Part tiled surrounds. Cupboards above.
Freestanding dresser with space for upright fridge freezer. Two storage cupboards. Radiator. Door to... BATHROOM - 2.65m x 2.27m (8'8" x 7'5") uPVC obscure double glazed window to side.
Panelled bath with mixer tap shower over. Pedestal wash hand basin. Close coupled WC. Wall mounted electric towel rail.
Storage cupboard housing the wall mounted gas combination boiler (installed August 2025) Radiator. FIRST FLOOR Split landing. Access to loft space. Doors to...
BEDROOM ONE - 4.69m x 3.49m (15'4" x 11'5") Two uPVC double double glazed windows to front. Two radiators. BEDROOM TWO - 3.3m x 3.11m (10'9" x 10'2") uPVC double glazed window to rear.
Shallow cupboard with shelving. Radiator. BEDROOM THREE - 3.19m x 2.69m (10'5" x 8'9") uPVC double glazed window to side. Radiator.
ATTIC SPACE - 5.05m x 4.91m (16'6" x 16'1") Roof window to front elevation enjoying views over roof tops to Mounts Bay and St Michaels Mount. Fully boarded with power and light.
OUTSIDE FRONT - Timber gated access with pathway to the property. To the side is a small area of garden with a number of shrubs. REAR - Riven style paved patio seating area with an outside tap.
Door gives access to an external WC. Covered storage area. Steps rise to a pathway that gives access via a side door to the garage. Timber gated access to the rear service lane.
GARAGE - 5.51m x 2.55m (18'0" x 8'4") Up and over door to front. Wooden windows to side and rear. Timber door to garden. Lighting.
NB - due to the nature of the rear service lane it may only be possible to drive a small vehicle into the garage.
AGENTS NOTES Property Type & Construction: Granite or whinstone, as built, no insulation (assumed) Solid brick, 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, Small garage to rear | Restrictions/Covenants: None | Rights of Way/Easements: None | 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: Easterly | Viewings - By appointment via Andrew Exelby Estate Agents - RENTAL POTENTIAL: To discuss the long-term, residential rental potential of this property, or any other, please contact Whitlocks in Penzance who will be able to guide you through the process.
Their telephone number is . 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
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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

FAQ
About St Marys Street, Penzance TR18
Explore nearby