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See how verdicts work3-bedroom terraced house · TR18 5DZ
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description A charming two storey townhouse in an elevated position with lovely sea and harbour views across to St Michael’s Mount and Mounts Bay.
As you enter you are immediately welcomed by an array of character and period features.
The property further benefits from a pleasant rear courtyard with two useful stores and two working fireplaces - perfect for those cooler winter evenings!
The home is warmed via electric storage heaters and has accommodation over the two floors which briefly comprises of a sitting room, dining room, kitchen and bathroom to the ground floor and the three bedrooms, of which two are doubles, to the first floor.
This lovely property must be viewed to be appreciated so an early inspection is highly recommended.
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.
Wooden panelled door to... entrance vestibule Very pretty half stained glass door and attractive tiled flooring leading to... Entrance hallway Continuation of the flooring. Stairs rise to first floor.
Wall mounted electric heater. Doors to...
Sitting room - 4.15m x 3.02m (13'7" x 9'10") Wooden sash window to front with views across to Mounts Bay and St Michael’s Mount.The room is naturally lit by the south East facing sash windows.
Fireplace with tiled surrounds and hearth along with recessed alcoves to either side with low level cupboards. Wooden flooring. Wall mounted Quantum Dimplex electric heater.
Dining room - 3.92m x 2.85m (12'10" x 9'4") Wooden sash window to rear. Fireplace with tiled surrounds and hearth along with recessed alcoves to either side providing shelving and cupboard space.
Wooden flooring. Under stairs storage cupboard. Wall mounted Quantum Dimplex electric heater. Door to...
Kitchen - 2.48m x 2.07m (8'1" x 6'9") Wooden part glazed door giving access to the courtyard along with a wooden window to side. Inset sink with cupboard below. Wall mounted cupboards.
Spaces for washing machine, tumble dryer and fridge/freezer. Door to... Bathroom - 2.42m x 1.71m (7'11" x 5'7") Wooden obscure glazed window to side. Panelled bath with mixer tap shower over.
Pedestal wash hand basin. Low level WC. Part tiled surrounds. Airing cupboard housing the hot water cylinder. First floor Wooden sash window to rear. Wooden flooring. Wall mounted electric heater.
Storage cupboard. Loft access. Doors to...
Principal bedroom - 3.27m max x 3.11m max (10'8" max x 10'2"max) Views to Mounts Bay and St Michael’s Mount, naturally lit by the South east facing sash window.
Wall mounted Quantum Dimplex electric heater. Bedroom two - 3.3m max x 2.63m max(10'9" max x 8'7"max) Wooden sash window to rear. Wooden flooring. Wall mounted electric heater.
Bedroom three - 2.68m x 1.7m (8'9" x 5'6") Wooden sash window to front, again enjoying the aforementioned views. Wooden flooring. Wall mounted electric heater.
Outside front - Granite steps rise to the front door and there is an attractive south east facing planted sun terrace offering lovely views across to Mounts Bay.
Rear - Gravelled courtyard with rear pedestrian gated access. Two useful stores. Outside tap.
Agents notes Property Type & Construction: Granite or Whin, as built, no insulation (assumed) Cavity wall, as built, partial insulation (assumed) Solid brick, as built, no insulation (assumed) | Electric: Mains | Water: Mains | Drainage: Mains | Heating: Electric storage heaters (There is a mains gas connection to the property) | Broadband: FTTP | Mobile Coverage: Network with likely availability is O2 with Three, EE and Vodafone all being limited | Parking: On street | Restrictions/Covenants: No | Rights of Way/Easements: No | Flood Risk: No | Coastal Erosion Risk: No | Planning Permission: No | Accessibility/Adaptations: None | Coalfield/Mining Area: Historic tin mining area | aonb/Conservation Area/Listed: No | Local Authority: Cornwall County Council | Property orientation from front: Easterly | 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
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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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.
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