3-bedroom house · TR18 5DW
Sold STCListed 253 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 semi-detached home that can be found in an elevated position above the fishing village of Newlyn and offers lovely views from the rear elevation to Mounts Bay, St Michaels Mount and beyond.
The property, despite requiring modernisation, benefits from majority uPVC double glazing along with gardens to both the front and rear elevation.
The accommodation in brief comprises of a sitting room, dining room and kitchen to the ground floor with the three bedrooms and bathroom to the first floor.
There is also a useful utility area under the property along with an outbuilding to the far end of the rear garden.
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.
UPVC part obscure glazed door to... entrance hallway Wall mounted gas heater. Stairs rise to first floor with storage under. Doors to...
Sitting room - 3.68m into bay x 3.65m max (12'0" into bay x 11'11" max) uPVC double glazed window to front. Fireplace (not used) with tiled surround and hearth.
Dining room - 3.25m x 2.77m (10'7" x 9'1") uPVC double glazed window to rear with far reaching views over roof tops to Mounts Bay, St Michaels Mount and beyond.
Fireplace (not used) with tiled surround and hearth along with recessed alcoves to the sides. Kitchen - 2.59m x 1.95m (8'5" x 6'4") uPVC double glazed window to side.
Wooden part glazed door and window to rear porch. Inset stainless steel sink and drainer with cupboard below. Worksurface areas with cupboards and drawers below. Space for gas oven and fridge.
Part tiled surrounds. Cupboard above.
Rear porch - 1.76m x 1.08m (5'9" x 3'6") Timber construction and glazed to three sides with steps down to a wooden glazed door that gives access to the rear garden.
First floor Wall mounted gas heater. Loft access. Doors to...
Bedroom one - 3.73m max x 2.78m max (12'2" max x 9'1" max) uPVC double glazed window to rear with far reaching coastal views over rooftops to Mounts Bay, St Michaels Mount and beyond.
Recessed storage cupboard. Bedroom two - 3.67m into bay x 3.18m (12'0" into bay x 10'5") uPVC double glazed bay window to front. Built in wardrobe.
Bedroom three - 2.02m max x 2.01m max (6'7" max x 6'7" max) An 'L' shape room with a uPVC double glazed window to front. Bathroom - 1.87m x 1.77m (6'1" x 5'9") uPVC obscure glazed window to rear.
Panelled bath with tiled surrounds and mixer tap shower over. Pedestal wash hand basin. Close coupled WC. Outside front - Timber gated access with a small lawned garden. Steps up to the front door.
Pathway leads to the side - access to the utility room with pathway extending around to the rear - Storage locker. Greenhouse. Lawned garden with a pathway to the outbuilding.
Utility room - 1.98m x 1.8m (6'5" x 5'10") Wooden door to side. Window to rear. Spaces for washing machine, tumble dryer and freezer. Wall mounted gas water heater.
Outbuilding - 3.13m x 2.51m (10'3" x 8'2") Wooden door to side. Windows to front and rear.
Agents notes Property Type & Construction: Tbc | Electric: Mains | Water: Mains | Drainage: Mains | Heating: tbc via EPC | Broadband: Fttc, FTTP | Mobile Coverage: Networks likely available are O2, EE, Vodafone and Three all with varying signal | Parking: On Street | Restrictions/Covenants: Tbc | Rights of Way/Easements: Tbc | Flood Risk: No | Coastal Erosion Risk: No | Planning Permission: No | Accessibility/Adaptations: No | Coalfield/Mining Area: Historic tin mining area | aonb/Conservation Area/Listed: No | Local Authority: Cornwall County Council | Property orientation from front: Westerly | 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
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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
FAQ
About 8, Gloucester Road, Penzance
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