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See how verdicts work4-bedroom house · TR2 5HE
For saleReduced £75k (−13%) on 27 AugListed 102 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
There are homes that simply occupy a wonderful position, and then there are homes like 3 The Lugger.
Rarely does a property become available that captures the very essence of coastal Cornwall so completely.
Perched above one of the county's most picturesque harbours, the outlook is nothing short of extraordinary, with uninterrupted views sweeping across Gerrans Bay to Nare Head and the ever-changing silhouette of Gull Rock.
From first light to the last glow of sunset, the sea provides a constantly changing masterpiece that will never cease to captivate.
Steeped in character and authenticity, this beautiful four-bedroom Cornish fisherman's cottage has evolved into a warm and welcoming home where every room feels connected to the coast beyond.
Large windows frame breathtaking views, while the generous accommodation offers a wonderful balance of comfort, charm and practicality for everyday living, memorable family holidays or an exceptional second home.
The garden is, quite simply, spectacular-a gardener’s dream and an established, beautifully matured landscape.
Rising in graceful tiers behind the cottage, a series of thoughtfully designed terraces draw you through richly layered planting, vibrant borders, and quiet, secluded seating areas.
Each level reveals a fresh perspective of the coastline, encouraging moments of pause to take in one of the finest panoramas on the Roseland Peninsula.
There is a workshop and shed, both well-positioned to take in the exceptional outlook.
From here, yachts glide across the bay, storms gather on the horizon, and moonlight shimmers across the water long after sunset-an ever-changing seascape that makes this one of the most captivating viewpoints in the village.
Inside, the accommodation flows effortlessly, offering a welcoming sitting room, separate dining room, well-appointed kitchen, family bathroom and separate WC, while four bedrooms provide comfortable accommodation for family and guests alike.
Two of the bedrooms wake to glorious sea views, ensuring the beauty of this remarkable setting is never far from sight. Properties of this calibre are exceptionally rare.
This is far more than a charming period cottage.
It is a front-row seat to one of Cornwall's most spectacular coastal landscapes, a place where the rhythm of the tides, the sound of the harbour and the ever-changing colours of the sea become part of everyday life.
For those seeking something genuinely special, something that simply cannot be recreated or replicated, 3 The Lugger represents a once-in-a-generation opportunity to own an iconic home in one of Cornwall's most treasured waterfront settings.
It is a property to fall in love with, to cherish and to pass from one generation to the next.
Discover Portscatho Nestled on Cornwall's beautiful Roseland Peninsula, Portscatho is a picturesque fishing village renowned for its unspoilt coastline, colourful harbour and relaxed coastal charm.
Perfect for those looking to escape the crowds, the village offers a wonderful mix of traditional Cornish character, scenic coastal walks and stunning sea views.
Spend your days exploring the South West Coast Path, relaxing on the sheltered beach, or discovering nearby hidden coves and sandy beaches, including the beautiful Porthcurnick Beach.
The village has everything you need within easy walking distance, from independent shops and galleries to welcoming cafés and traditional pubs.
Food lovers are spoilt for choice with excellent local dining.
Enjoy a meal or drink at The Plume of Feathers, a popular village pub serving great food and local ales, or visit The Standard Inn in nearby Gerrans for exceptional seasonal dining.
For breakfast, lunch or coffee by the harbour, The Boathouse Restaurant and Tide & Thyme are local favourites, while the famous The Hidden Hut at nearby Porthcurnick Beach is a must-visit for its outdoor beach dining experience.
Getting Around Portscatho is easily reached by car and offers excellent access to the rest of Cornwall.
Regular bus services connect the village with Truro and St Mawes, making it easy to explore without driving.
Nearby transport links include the scenic King Harry Ferry, providing a picturesque crossing to Feock and Truro, while the St Mawes Ferry offers passenger services across the Fal Estuary to Falmouth, opening up even more of Cornwall to explore.
Whether you're looking for coastal adventures, watersports, boat trips or simply a peaceful place to unwind, Portscatho offers the perfect Cornish escape.
With its friendly atmosphere, breathtaking scenery and authentic seaside charm, it's easy to see why this beautiful village remains one of Cornwall's best-kept secrets.
Services Main water and drainage recently rewired Directions What3words ///decently.windmills.chucked
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.
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FAQ
About 3, The Lugger, Truro
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