1-bedroom maisonette · TR18 2QT
For saleReduced £55k (−11.6%) on 8 JulListed 480 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This totally unique loft style maisonette has been skilfully rebuilt to provide a spacious one of a kind home in a great location in one of the Towns best roads.
We love the incredible open living area which occupies the whole of the second floor with high vaulted ceilings.
Floor to ceiling bi folds lead onto a large glass fronted balcony with lovely views across the town. Stunning! There are 4 good sized bedrooms 3 with ensuite.
Offered with no onward chain this really is a one of a kind home with so much space.
Location wise, it couldn't be better for the town with all restaurants, galleries, Morrab Gardens and Penlee Park, the promenade and sea front all within an easy walk.
The accommodation (all dimensions are approximate) Ground floor Modern contemporary door to Entrance lobby - Exposed granite wall. Stairs rising to First floor - Landing - 6.3m overall. 2 radiators.
Wooden flooring. Integral ceiling lights. Bathroom - 2.9m x 1.4m Large bath with shower attachments, vanity with basin and cabinet, low level wc, towel rail. Tiling. Window. Bedroom 1 - 4.1m x 3.2m.
2 windows. Radiator En suite - 2.2m x 2.2m. Large shower, rainstorm head. Wc, vanity with basin. Tiling. Towel rail. Illuminated mirror. Bedroom 2 - 4.3m x 2.3m. 2 windows. Radiator.
En suite - 1.9m x 1.1m. Wc, basin, walk in shower. Complimentary tiling. Mirror. Bedroom 3 - 2.7m x 2.3m. Plus recess. Radiator. Bedroom 4 - 4.2m x 3.9m. 2 windows. Radiator.
Utility room - 2.3m x 1.9m Belfast sink unit. Work surface with space for washing machine and tumble dryer. Inner Hallway. Stairs rising.
Second floor Fabulous open plan living with kitchen and dining area - 11.8m x 8.3m. What a stunning room.
High vaulted ceilings and lots of windows plus floor to ceiling bi fold doors make this such a great space.
The kitchen is superbly equipped with an excellent range of units and integrated appliances including double oven, hob, dishwasher. Large central island, all with quartz work surfaces. Log burner.
The balcony is about 6 metres wide by 1.5m is glass fronted and has lovely views to The Town Hall and town. A perfect people watching space or perfect for morning coffees or evening cocktails.
Outside - There is a private parking space for 1 car in a car park just yards from the property. Services All mains EPC - B.
Agents note The property can be purchased with the benefit of a 999 year lease or Freehold if preferred. Further details on request.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png){kind=logo}
FAQ
About 70 Morrab Road, Morrab Road, Penzance
Explore nearby
