3-bedroom terraced house · TR18 5BQ
Sold STCListed 92 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away along one of Newlyn's most picturesque and historic cobbled lanes, this beautifully presented granite cottage effortlessly combines period charm with generous living space.
Offering three bedrooms and two reception rooms, the property is a true hidden gem just moments from the harbour, galleries, cafés and restaurants that make Newlyn so desirable.
The ground floor is wonderfully welcoming, with a cosy living room centred around a wood-burning stove and exposed granite walls, creating the perfect space to unwind.
Beyond lies an impressive open-plan kitchen and dining room. The first floor offers two exceptionally generous double bedrooms, one benefiting from extensive built-in storage and a useful study area.
A spacious family bathroom completes this floor. Occupying the entire second floor is a superb attic room with vaulted ceilings, exposed beams and roof lights that flood the space with natural light.
Currently used as a bedroom, this versatile room would also make a fantastic studio, home office or additional living space, all while enjoying elevated views across the rooftops towards the sea.
Outside, the property enjoys both front and rear access and forms part of one of Newlyn's most charming cobbled streets.
From the upper floors, there are glimpses across Mount's Bay, taking in the harbour, coastline and beyond. Beautifully presented throughout and full of character.
Front door into: Entrance Hall Period tiling, stairs rising.
Lounge 4.27m x 3.96m Woodburner, window seat, exposed granite wall, alcoves, shelving, open through to: Kitchen 4.27m x 3.96m Fitted kitchen with range of cupboards and drawers with worktop surfaces over, integrated fridge freezer, gas hob and electric oven, stainless steel extractor, window to rear, 1/2 glazed stable door to rear of house.
First Floor Landing Door to understairs cupboard, power points. Bedroom 1 4.27m x 3.66m Window to front, wall-to-wall wardrobe, and overhead storage, radiator.
Bedroom 2 4.27m x 2.77m Window to rear, radiator, wall-to-wall shelving.
Bathroom 1.52m x 2.74m Frosted window to rear, heated towel rail, bath with shower over, w/c, wash hand basin, tiled walls, and floor.
Attic Bedroom 3 4.27m x 4.88m Velux window with sea glimpse, radiator, 2 doors with storage into eaves. Council Tax: Band B. Services: Electric, mains water and drainage.
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 Chapel Street, Newlyn, TR18
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