2-bedroom house · TR18 2GA
Listing removedListed 320 days
Opportunity summary
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About
Stylish New Home with Sea Views & Balcony - Wharfside - Penzance This is the latest release in this very popular collection of newly converted homes, set in an incredibly convenient location just moments from the harbour, promenade and Penzance town centre.
The property is arranged around a secure Mediterranean-style courtyard, creating a peaceful and attractive setting.
Inside, the accommodation is beautifully planned and finished, featuring an exceptional bespoke kitchen fitted with integrated oven, hob, extractor, fridge, freezer, dishwasher and washer/dryer.
The bright main living space includes French doors opening onto a private balcony with lovely views across Mount's Bay. Upstairs are two well-proportioned bedrooms, both enjoying attractive sea views.
We really love the location - just minutes from the harbour, Jubilee Pool, shops, restaurants and cafés, with Penzance Station literally yards away.
The building also benefits from secure entry, lift access and a safe, well-maintained environment.
The Wharfside area has undergone a fantastic transformation and is now one of the most vibrant waterfront spots in West Cornwall.
The blend of new independent businesses, lifestyle offerings and stunning harbour surroundings makes it a standout location for homeowners and investors alike.
Wharfside benefits include: * Freds Pizzeria - authentic wood-fired pizza and a buzzing social atmosphere * Corn & Fork Restaurant - a growing favourite known for its creative dishes * Ride On Bike Hire & Coffee Shop - perfect for coastal bike trips and great coffee * A microbrewery/pizzeria - artisan beer and relaxed indoor/outdoor dining * Speciality independent shops - boutique stores, artisan producers and local makers * Moments from the harbour & promenade - ideal for seaside walks and sunset views * A short walk to Penzance Station - direct trains to London and excellent UK links * A safe, sociable and increasingly desirable waterfront environment This mix of food, culture, coast and convenience makes Wharfside one of the top emerging lifestyle destinations in Penzance.
Accommodation (All dimensions are approximate) Ground Floor Entrance Hall (2.9m x 1.9m) - Stairs rising, radiator. Cloakroom/WC - WC, wash basin, Bosch washer/dryer.
Living Room/Kitchen (6.3m x 5.6m L-shaped) - French doors to balcony; superbly equipped kitchen with integrated Bosch appliances. First Floor Landing (2.1m x 2.0m) - Space for a desk/home workstation.
Bedroom 1 (4.5m x 2.8m) - Sea views, radiator. Bedroom 2 (4.0m x 2.6m) - Sea views, radiator. Bathroom (2.1m x 1.6m) - Modern suite.
Outside * Front seating area suitable for a bistro table overlooking the courtyard. * Rear balcony with impressive Mount's Bay sea views. Tenure Leasehold - newly created 999-year lease.
Ground Rent: £250 per annum. Service Charge £1,147.25 per annum, including buildings insurance, maintenance of common areas and external redecoration as required.
Further Information Lettings: No restrictions on short-term or long-term rentals. Services: Mains water, electricity and drainage.
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
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FAQ
About 34 Wharfside Village, Wharf Road, Penzance
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