2-bedroom house · TR18 4HS
Sold STCListed 111 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the highly sought-after Bay View Terrace, this beautifully presented two-bedroom terraced home offers bright, spacious accommodation throughout and is ideally located within easy reach of many of Penzance's most popular amenities.
The ground floor comprises a light and welcoming lounge/diner featuring a wood-burning stove, creating a cosy focal point for the room.
A modern fitted kitchen provides ample storage and workspace, with the added benefit of a useful utility area.
To the rear, a sunny enclosed courtyard garden offers the perfect space for alfresco dining during the summer months or relaxing outdoors.
Upstairs are two generously sized double bedrooms and a well-appointed family bathroom. The property enjoys an abundance of natural light throughout, enhancing the sense of space and comfort.
Perfectly positioned, the property is within walking distance of the town centre, bus and rail stations, as well as the picturesque Promenade, Penlee Park, Morrab Gardens and the iconic Jubilee Pool.
An excellent opportunity to acquire a stylish and conveniently located home in one of Penzance's most desirable residential terraces. An early viewing is highly recommended.
Agent's Note: Mobile signal coverage as per ofcom: EE - Good outdoor and in-home; Vodafone & O2 - Good outdoor; Three - Good outdoor and variable in-home.
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.
Area
Agent & docs
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FAQ
About 12, Bay View Terrace, Cornwall
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