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 work2-bedroom house · TR18 2GA
Listing removedListed 325 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A High Quality New Home Moments from Penzance Harbour & Station The Cheapest Home in This Exceptional Development, An Unreal Opportunity for a Brand-New Property We are thrilled to offer the latest release within this superb new development, positioned just minutes from the harbour, town centre and mainline station.
This is the lowest-priced property on the entire development and an exceptional opportunity to secure a brand-new, high-specification home at an almost unheard-of price point in this location.
Built to a very high standard, the property offers spacious, contemporary accommodation with a beautifully designed bespoke German kitchen complete with Bosch appliances.
The attention to detail and overall finish is genuinely impressive and rarely found at this price level.
On the ground floor is a welcoming entrance hall, cloakroom/utility and a generous semi open-plan living space connecting seamlessly with the kitchen.
French doors open directly onto a large private patio, creating a bright, sociable and modern ground floor layout. Upstairs are two well-proportioned bedrooms and a stylish bathroom.
High-quality floor coverings, including fitted carpets, allow you to move straight in the moment legalities are complete.
There are no restrictions on holiday letting or long-term rentals, making this an ideal first home, easy retirement move, lock-up-and-leave or investment property with excellent potential.
Access is excellent, with escalator, lift and stairs. Penzance Station, with its daily service across the UK, including direct trains to London is just a couple of minutes' walk away.
A Revitalised Wharfside - A Brilliant Lifestyle on Your Doorstep This location has transformed dramatically in recent years and is now one of the most exciting parts of Penzance to live, work or invest in.
The Wharfside area has seen an influx of high-quality independent businesses that bring real vibrancy and community feel.
Among the standout new additions are: * Freds Pizzeria - incredible wood-fired pizza, rapidly becoming a local favourite.
* Corn & Fork - a superb new restaurant known for its creative small plates and exceptional ingredients.
* RideOn Bike Hire & Coffee Shop - perfect for bike rentals, great coffee and a relaxed social space.
* Other brilliant independents - boutique stores, artisan producers and local makers continue to join the development, adding real energy and quality to the area.
Living here means you're just steps away from some of Penzance's best food, drink, leisure and lifestyle offerings - all part of a much wider regeneration that is making the harbour front one of the most desirable corners of West Cornwall.
Accommodation - (All dimensions are approximate) Ground Floor Entrance Hall (3.6m x 1.7m) - Radiator. Cloakroom/WC - Low-level suite, wash basin, Bosch washer/dryer.
Living Kitchen (7.6m x 4.8m) - A superb space with two windows, French doors to the patio, and a high-end German Nobilo kitchen with integrated Bosch appliances.
First Floor Landing - Space for a desk/home workstation. Bedroom 1 (4.9m x 2.8m) - Two windows, radiator. Bedroom 2 (4.6m x 2.7m) - Window, radiator.
Bathroom - Shower cubicle, wash basin, WC, tiling, towel rail. Outside * Large private patio with railings. Tenure Newly created 999 year lease.
Service Charge £1,041.89 per annum - includes buildings insurance and maintenance of common areas. Additional Information EPC: C Services: Mains water, electricity and drainage
Value & comps
No previous sales on record.
Returns
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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 advisers 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
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FAQ
About 28 Wharfside Village, Wharf Road, Penzance
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