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See how verdicts work1-bedroom house · TR26 1PT
Listing removedListed 237 days
Opportunity summary
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About
A delightful, three storey, one bedroom, characterful cottage situated within a prime location enjoying superb views of the Harbour with direct access to the beach below.
Property Description Mermaids Cove offers an extremely rare opportunity to purchase a delightful, characterful, Grade II listed cottage with accommodation arranged over three floors, situated within a prime location, enjoying delightful views and offering direct access onto the beach below.
Location St Ives, Cornwall is a charming seaside town on England’s north coast, known for its sandy beaches, turquoise waters, and vibrant art scene.
Once a fishing village, it became an artistic hub with attractions like the Tate St Ives and Barbara Hepworth Museum.
At the centre is the picturesque St Ives Harbour, lined with cafes, galleries, and fishing boats-perfect for seaside strolls and boat trips.
The town is family-friendly, with schools including St Ives School (secondary) and local infant and junior schools.
Combining natural beauty, culture, and community, St Ives is a popular place to visit and live.
Accommodation Comprises All dimensions are approximate and measured by lidar Entrance door opening into...
Lounge Exposed wooden floor boards, feature electric stove on a marble hearth and marble surround, recess to each side with fitted shelving, two wall lights.
Beamed ceiling, radiator, sash window to the front with window seat, offering spectacular sea and Harbour views. Stairs to first floor level, door and stairs leading down to...
Kitchen / Breakfast Room Tiled flooring, beamed ceiling. Sash window to rear aspect offering the stunning view into the Harbour of St Ives and beyond to Porthminster point.
Fitted with a range of cream coloured, shaker style base and wall mounted units with granite work surfacing over, under counter sink with mixer tap.
Four ring gas hob, electric oven below, integrated washing machine, and slimline dishwasher. Useful understairs storage cupboard. Space for table and chairs and freestanding fridge freezer.
Wooden stable door providing access onto a the patio area and direct access to the beach. From the lounge, a staircase leads up to... First Floor Landing Exposed floor boards, door into...
Bedroom Exposed floor boards, recess with space for freestanding wardrobe, wooden sash window to the rear enjoying stunning views into the Harbour of St Ives and beyond to Porthminster point and Hawkes point.
Part vaulted ceiling with high level built in storage cupboards. Door leading into...
Ensuite Bathroom A spacious ensuite bathroom with a freestanding bath, mixer tap incorporating a shower head attachment. Part sloping ceiling with LED spot lights, low level w/c.
Feature metal bowl set onto a wooden freestanding table, tiled splash back, radiator, two built in cupboards, obscured window to the front.
Outside Access via the kitchen leads to a patio area creating an ideal sunbathing spot and offers the stunning full vista view of St Ives Harbour and across to Porthminster point.
From the patio is direct access onto Harbour beach. Agents Note Mermaids Cove is a Grade II listed property.
The property is currently run as a successful holiday let and viewings will only be available on specific change over days, please contact us for further information.
Leasehold, balance of 999 year lease from 2008.
Directions Upon entering St Ives, proceed down Lifeboat Hill onto Wharf Road, continue along this road, passing the Sloop public house on your left and onto The Wharf.
Quay street is situated a short distance along this road. Mermaids Cove will soon be seen on your right hand side.
Material Information Verified Material Information Council Tax band: C Tenure: Leasehold Lease length: 982 years remaining (999 years from 2008) Property type: House Property construction: Standard undefined construction Energy Performance rating: D Electricity supply: Mains electricity Solar Panels: No Other electricity sources: No Water supply: Mains water supply Sewerage: Mains Heating: Mains gas-powered central heating is installed.
Heating features: Double glazing Broadband: Fttc (Fibre to the Cabinet) Mobile coverage: O2 - Good, Vodafone - Good, Three - Good, EE - Good Parking: None Building safety issues: No Restrictions - Listed Building: No Restrictions - Conservation Area: No Restrictions - Tree Preservation Orders: None Public right of way: No Long-term area flood risk: No Historical flooding: No Flood defences: No Coastal erosion risk: Yes Planning permission issues: No Accessibility and adaptations: None Coal mining area: No Non-coal mining area: Yes All information is provided without warranty.
Contains hm Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.
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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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
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FAQ
About Mermaids Cove, 9, Quay Street, St. Ives
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