4-bedroom terraced house · TR18 2NL
For saleListed 169 days
Opportunity summary
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About
A rare opportunity to acquire this charming Grade II Listed Georgian end-of-terrace house, steeped in history and offering exceptionally versatile accommodation.
The Crows Nest room once served as the Old Customs Lookout for Penzance Harbour, and enjoys captivating views across Mounts Bay.
The home features four well-proportioned bedrooms, three of which benefit from en-suite facilities, making it ideal for family living, guest accommodation, or potential income use.
Thoughtfully maintained and updated, the property includes a boiler installed approx two years ago, along with two characterful woodburning stoves fitted in 2023, adding warmth and charm throughout.
Perfectly positioned within easy reach of the town centre, this unique home combines historic character with modern comfort in a highly desirable coastal setting.
Within walking distance of Penzance promenade and the beautiful sub-tropical Morrab Gardens and Jubilee Pool.
Surrounded by local amenities including, shops, restaurants, cafes, schools and a local church.
The property is in short walking distance to Chapel Street where there is a vast array of independent shops.
Front door into: Entrance vestibule 1/2 Glazed door into: Entrance Hall Wooden floors, dado rail, radiator, stairs rising.
Bedroom 1 3.58m x 4.62m Sash window to front with working shutters, radiator, power points, TV point, brick and stone feature to one wall, 2 shallow alcoves.
1/2 Glazed door into: En-Suite 4m x 2.92m Sash window to rear, wooden floors, heated towel rail, stone and red brick feature to one wall, bath with shower over, and screen, wash hand basin, and w/c.
Hallway Boiler, frosted window to rear.
Stairs down to: Lower Ground Floor Utility/Hobbies Room 4.7m x 5.56m Double-glazed French doors to rear of the property, exposed granite quoins to each side of the doors, window to rear, glass brick feature wall, space for washing machine and tumble dryer.
1/2 Glazed door to: Bedroom 2 4.8m x 3.38m Window to front (below pavement level) power points. Door to cupboard, exposed granite to one wall, walk-in shower, fully tiled.
W/C 2.03m x 0.84m W/C, wash hand basin, extractor, outside area to the rear of the property. Stairs to First Floor Dado rail. 1/2 Landing Storage recess, frosted window to rear.
Shelving. Landing Bedroom 3 4.8m x 4.17m Wooden floors, radiator, power points, window to front with working shutters.
Coving, woodburner on slate hearth, exposed granite and brick surround.
En-Suite 2.95m x 3.96m Wooden floors, window to rear, alcove with shelving, stone and brass feature to one wall, heated towel rail, radiator, roll top clawed bath, wash hand basin, mixer tap, w/c, tiled wall, and wood pannelling with shelving.
Stairs to Second Floor 1/2 Landing Tall window to rear with incredible sea view and view of St. Michael's Mount. Second Floor Landing Wooden floors, radiator.
Door into: Lounge 4.6m x 4.47m Wooden floors, window to front, woodburning stove with granite surround, and slate frontage. Large radiator, window to front, understairs cupboard.
Kitchen/Dining Room 4.04m x 2.95m Window to rear, radiator, wooden floors. Fitted kitchen comprising range of cupboards and drawers with Belfast sink and mixer tap.
Hardwood worktop surfaces, integrated electric hob and oven with extractor over. Coving, woodburner on slate hearth, exposed granite and brick surround.
Integrated dishwasher arched alcove with shelving, sea and St. Michael's Mount view from window, space for fridge freezer.
Stairs to Third Floor 1/2 Landing Bedroom 4 5.5m x 4.75m Velux window, window to rear with sea and harbour view, radiator, 2 access points into eaves, power points, beams, glazed door to: En-Suite 2.82m x 1.55m Window to rear with incredible birds eye views of Penzance harbour and St.
Michael's Mount. Generous walk-in shower with screen and tiled walls, heated towel rail, w/c, wash hand basin with vanity unit under.
Stairs to the: Crow's Nest Attic Room 4.37m x 1.63m Triple aspect windows to front, rear and side.
Wooden floors, panoramic views of Penzance rooftops, harbour and Mounts Bay and across to St. Michae's Mount. Council Tax: Band D. Services: Electric, mains water and drainage.
Mains gas. Broadband: We understand the broadband is available to the property.
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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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 Princes Street, Penzance, TR18
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