1-bedroom flat · TR18 2AJ
For saleReduced £5.8k (−5%) on 6 AugListed 162 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well-Presented One Bedroom Apartment in Penzance – Ideal Investment or First-Time Buy Situated in the heart of Penzance, this well-presented one-bedroom apartment offers a fantastic opportunity for first-time buyers or investors.
The accommodation comprises a generous double bedroom, a bright and welcoming open-plan kitchen/lounge/diner, and a modern shower room.
Tastefully decorated and well maintained throughout, the property is ready to move into with no onward chain.
Located in the heart of Penzance, this vibrant coastal town is known for its art, food and independent spirit.
The property is just a short walk from Chapel Street’s galleries, cafés and boutique shops, and the seafront, town centre and mainline railway station are all within easy reach.
The iconic Art Deco Jubilee Pool, offering year-round sea water swimming, is also just minutes away. This home combines everyday convenience with the charm of a creative, coastal community.
An ideal lock-up-and-leave, rental investment, or a perfect first step onto the property ladder - this is a must-see property in a highly desirable coastal location.
Agents Note: Mobile Signal Coverage as per the Ofcom website: EE - Good outdoor and in-home; Vodafone - Good outdoor and in-home; Three - Good outdoor; O2 - Good outdoor and in-home.
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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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 advisors before making any investment decisions.
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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 Flat 4,, 4, Pendarves Road, Cornwall
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