4-bedroom terraced house · TR18 2NU
For saleListed 99 days
Opportunity summary
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About
Situated on Clarence Street, just a short walk from the town centre, promenade, shops and transport links, this substantial four-bedroom townhouse offers an exciting opportunity to acquire a generously proportioned home at an attractive price.
Requiring modernisation throughout, the property is perfect for buyers looking to create a wonderful family home while adding value.
Arranged over four levels, the accommodation is both spacious and versatile. The ground floor comprises a living room, dining room and kitchen.
Beneath the staircase, steps lead down to a useful basement room which is currently utilised for storage but benefits from double doors opening to the front of the property, offering excellent potential for use as a home office, hobby room or occasional bedroom, subject to any necessary consents.
The first floor offers a generous double bedroom to the front, a further bedroom, a shower room and a separate bathroom.
On the second floor are two further well-proportioned bedrooms, including another large front-facing bedroom, making this an ideal property for growing families or those needing flexible living space.
Outside, the property enjoys a charming, enclosed courtyard garden with a block-built storage shed and the added convenience of rear access onto Causeway Head.
Offering exceptional space, huge potential and an excellent central location, this is a fantastic opportunity to restore and personalise a characterful townhouse within easy reach of all that Penzance has to offer.
Walking distance to the town, local primary and secondary school, parks and sea front.
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. Wooden door into: Ground Floor Entrance Hall 0.91m x 1.85m Tiled floor.
1/2 Glazed door into: Hallway Radiator. Stairs rising. Living Room 3.66m x 3.38m 2 Recesses into one corner.
Open fireplace with hearth and mantle, cornicing, power points, radiator. Single-glazed wooden sash slider window to front. Dado rail. Dining Room 3.07m x 3m Radiator, dado rail, cornicing.
Wooden sash sliding window to rear with window seat, BT point. Wooden flooring. Kitchen 2.13m x 4.27m Fitted kitchen with base and eye level units with worktops over.
Built-in electric hob, Worcester boiler. Part-tiled. Tiled floor. Space for tumble dryer, and washing machine. Space for dishwasher. Power points. Double-glazed wooden window.
Space for freestanding fridge/freezer. 1/2 Glazed door to rear. Hallway Door with access & steps down to: Lower Ground Floor Basement 3.38m x 4.57m Original flagstone flooring.
Double doors onto front. Stairs rising. First Floor Hallway Large airing cupboard. Window to side. Radiator. Frosted wooden window to side.
Shower Room 2.4m x 1.52m Wash hand basin, w/c, vinyl floor. Fully tiled. Frosted single-glazed window to side, shower cubicle with shower, heated towel rail.
Bathroom 1.78m x 2.46m Heated towel rail, w/c, wash hand basin, mirror, fully tiled. Bath with hand-held shower over. Vinyl flooring. Wooden frosted single glazed window to rear.
Landing Bedroom 4.85m x 3.96m Cornicing. 2 Original wooden sash slider window to front (double-glazed outer unit), working wooden shutters. 2 Fitted wardrobes to either side.
Power points. Bedroom 3.05m x 3.02m Radiator, deep fitted wardrobe. Wooden original sash slider window to rear. Power points. Steps upto: Landing Wooden single-glazed window to rear.
Stairs rising. Hallway Loft Access. Doors to: Bedroom 2.74m x 3.02m Cornicing. Radiator. Wooden original sash slider window to rear. Master Bedroom 4.85m x 4.57m Power points.
Radiator. 2 Original wooden sash slider windows to front with pretty rooftop views. Outside to Rear Washing line. Tap. Wall marking the boundary. Decked area with room for bench/chairs.
Shed 1.22m x 3.33m Slate roof. Light and power. Council Tax: Band C. 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
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FAQ
About Clarence Street, Penzance, TR18
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