2-bedroom house
For saleListed today
Opportunity summary
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About
Situated in the characterful terraces of Thomas Street in the beautiful Cornish fishing village of Porthleven is this two bedroom, terraced cottage with immense charm and character.
In need of updating and modernisation to realise its full potential, the cottage boasts many charming features from a local stone facade, beamed ceilings and oil fired Aga.
Located in the heart of the village, the property enjoys sea glimpses from its first floor and a real feature is the useful outbuilding at the rear of the residence.
In brief, the accommodation is arranged over three levels, one enters on the ground floor where there is a lounge, lower ground floor is a dining room, galley style kitchen and a shower room whilst on the first floor are two bedrooms.
To the outside at the rear is a small courtyard whilst over a shared lane is a useful outbuilding. Porthleven is a vibrant, picturesque fishing village and mainland Britain's most southerly port.
The village is renowned for its many highly regarded restaurants, long beach, surfing, rugged coastline and clifftop walks.
Community groups are thriving within the village with sports' clubs and a prize-winning brass band which can be heard echoing around the harbour on many a summer's Sunday evening.
The Accommodation Comprises (Dimensions Approx) Steps up and door to Entrance Hallway With part exposed local stone wall, stairs rising to first floor and door to Lounge (3.72 x 3.2 average not including bay window (12'2") A characterful room with partially exposed local stone wall, open beam ceilings, fireplace having slate hearth, wood and tiled surround and mantle over housing a gas fire (not know if in working order) acting as a focal point for the room.
To either side of the fireplace are built-in cupboards with shelving over there is a bay window with outlook to the front. Door to and stairs down with limited headroom.
Dining Room (4' x 3.69 (13'1"' x 12'1")) With partially exposed stone wall and open beam ceiling.
The room houses an Aga within an alcove (not know if in working order) with built-in shelving to either side and understairs storage cupboard.
Outlook, step down and door to Kitchen (3.9 x 1.71 (12'9" x 5'7")) A galley style kitchen with working top surfaces incorporating a dual bowl sink and drainer with mixer tap over, cupboards and drawers under and built-in shelving over.
There is a part exposed stone wall, outlook and stable style door to rear courtyard. Door and step up to Shower Room Comprising a shower, pedestal wash hand basin with taps over, W.C.
With high level cistern and frosted window to rear. First Floor Landing With opening to airing cupboard with water tank, loft hatch and doors to bedrooms.
Bedroom One (3.7 x 2.63 not including bay window (12'1" x 8'7") A dual aspect room, the rear aspect having an outlook over the village and out to sea with a bay window to front.
Bedroom Two (2.33 x 1.83 (7'7" x 6'0")) Window to front aspect with a built-in hanging rail.
Outside To the rear of the property is a small enclosed courtyard which houses the oil tank and across the shared lane directly behind the property is the great addition of a detached outbuilding.
Services/Utilities Mains water, electricity, drainage and oil fired central heating.
Agents Note We are advised that to the rear of the cottage is a lane which is shared with other properties and the outbuilding is situated on the other side of this lane.
What3Words Spoiler.enjoyable.majors Flood Risk River & Sea Very Low Surface Water Low.
Anti-Money Laundering We are required by law to ask all purchasers for verified id prior to instructing a sale. Conservation Area We understand this property is located in a conservation area.
For details of conservation areas visit Cornwall Mapping and use the Council's interactive map. Council Tax Council Tax Band B. Date Details Prepared. 15th October 2026.
Mobile And Broadband To check the broadband coverage for this property please visit - To check the mobile phone coverage please visit - Proof Of Finance - Purchasers Prior to agreeing a sale, we will require proof of financial ability to purchase which will include an agreement in principle for a mortgage and/or proof of cash funds.
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 Thomas Street, Porthleven
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