We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom house · TR19 6QY
For saleListed 51 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away along one of Mousehole’s characterful village lanes, just moments from its famous harbour, this beautifully presented one-bedroom Cornish cottage is every bit the coastal hideaway its setting suggests.
Behind the traditional stable-style entrance is a home rich in texture and personality, combining exposed stone, timber beams and original-style floorboards with a thoughtful contemporary finish.
Currently operated as a successful holiday let, it offers an appealing opportunity not only as a permanent home or Cornish bolthole, but for buyers looking for an established holiday property in one of West Cornwall’s most sought-after coastal villages.
Architecture & History There is something immediately captivating about this cottage.
Arriving along Brook Street, away from the more obvious thoroughfares of Mousehole yet only moments from the harbour, the property feels wonderfully tucked away.
The stable-style front door opens directly into an inviting open-plan living space where the character of the building has been allowed to remain front and centre.
Exposed beams run overhead, sections of natural stonework bring texture to the walls, and a delightful window seat provides the sort of detail that simply cannot be manufactured in a newer home.
The reception space has been intelligently arranged into distinct areas for relaxing, dining and cooking while retaining the intimacy expected of a traditional Cornish cottage.
The kitchen introduces a more contemporary edge without overpowering its surroundings, while useful storage beneath the staircase makes good use of every available inch.
Upstairs, the cottage becomes more characterful still.
The spacious double bedroom combines exposed timber, a striking stone features wall and beautiful floorboards, together with another inviting window seat and cleverly incorporated built-in storage.
The bathroom has been given a cleaner, modern treatment, with full tiling and a contemporary white suite including bath, WC and wash basin.
It is an accomplished balance: unmistakably a character cottage, but one that has been updated sufficiently to make ownership straightforward whether it is being enjoyed every day, kept as a second home or welcoming paying guests.
That last point is particularly interesting.
The sellers advise us that the property is currently run as a successful holiday let with excellent reviews and is available as an ongoing concern, potentially giving a new owner the opportunity to step into an established holiday accommodation business rather than starting entirely from scratch.
And in a destination such as Mousehole, the numbers can quickly become interesting.
By way of a simple illustration, an average achieved nightly rate of £150 with 50% occupancy would produce approximately £27,375 in gross annual bookings.
At £175 per night and 60% occupancy, which becomes approximately £38,325, while £200 per night at 65% occupancy would equate to approximately £47,450 gross annually.
These figures are examples rather than projections or guarantees and are before management fees, booking-platform commissions, cleaning, utilities, maintenance, taxation and other operating costs.
Actual performance will naturally depend upon pricing, seasonality, occupancy and how the property is managed.
What they demonstrate, however, is why a character cottage in Mousehole can be considerably more than simply a second home.
For somebody wanting their own escape to Cornwall for several weeks of the year, there is the possibility of enjoying the property personally while allowing it to generate an income during periods when it would otherwise stand empty.
That combination of Cornish lifestyle, personal use and holiday-let income potential gives this little house an appeal far beyond its one-bedroom footprint.
Local Area & Transport Mousehole is one of those rare places where the location forms almost as important a part of the property as the building itself.
Set on the coast of West Cornwall, close to Penzance and overlooking Mount’s Bay, this historic fishing village is characterised by narrow lanes, granite cottages and its wonderfully picturesque harbour.
It is a destination people deliberately travel to see rather than simply somewhere they happen to pass through.
From the cottage, the harbour is only moments away, placing cafés, pubs, restaurants, galleries and the waterfront within easy reach.
Morning swims, paddleboarding, coastal walks and evenings beside the harbour can all become part of everyday life rather than something reserved for a holiday.
For holiday-let guests, that walkability is particularly valuable.
Visitors can arrive, settle into the cottage and immediately experience Mousehole on foot, something which only strengthens the appeal of the property as short-stay accommodation.
Beyond the village, this is an exceptional base for exploring West Cornwall and the wider Penwith Peninsula.
Nearby Penzance provides larger shops, everyday amenities and its mainline railway station, while Marazion and St Michael’s Mount, St Ives, Sennen, Land’s End and the dramatic Cornish coastline are all within reach for days out.
Penzance also provides an important connection for those travelling to and from further afield, with direct rail services to destinations including London Paddington, Reading, Bristol, Exeter and Plymouth, making a Cornish escape surprisingly accessible without necessarily relying entirely upon the car.
For air travel, Cornwall Airport Newquay provides connections to a range of UK and European destinations, further enhancing the property’s appeal to second-home owners and visitors travelling into Cornwall.
It is perhaps this balance that makes Mousehole so enduringly desirable.
You can wake up in a quiet Cornish cottage, walk down to one of the country’s most recognisable little harbours and feel wonderfully removed from everyday life, yet Penzance and the wider transport network remain within easy reach when reality eventually calls.
Whether purchased as a Mousehole holiday cottage, West Cornwall second home, permanent coastal residence or income-generating holiday let, this is a property that offers considerably more than somewhere to stay.
It offers a reason to keep coming back. Material Information Property construction: Granite & Slate Heating type: Electric heaters Council Tax: Currently paying business rates.
Previous Band was A Utilities: Electricity, water, sewerage & broadband Electricity supply: Independently provided by unknown supplier Water supply & Sewerage: Mains connected via South West Water Broadband: Standard Download speed 18mbps; Upload Speed 1mbps.
Ultrafast available (d/s 1000Mbps, u/s 220Mbps). Source: Ofcom Mobile signal/coverage: Likely external cover on all major networks, variable to no cover linked to O2, EE & Vodafone.
Source: Ofcom Restrictions: Grade II Listed – Listing no 1219075 . Located in Mousehole Conservation Area. Flood risk: Low to very low risk of any type of flooding.
Source: uk Coastal erosion risk: SMP17 Rame Head to Hartland Point HL1 Shoreline Management Plan. Source: uk Planning permission: Retrospective change of use of gallery into a single dwelling.
Source: Cornwall Council Accessibility/adaptations: Not suitable for wheelchair users Coalfield or mining area: No.
Source: The Coal Authority Maximum Radon Potential: Greater than 30% Flight path: No. EPC rating: F.
Tenure: Freehold, Known building safety issues or planned/required works: None known at time of listing. Planning permissions: Retrospective change of use of gallery into a single dwelling.
Source: Cornwall Council Mobile signal information: Likely external cover on all major networks, variable to no cover linked to O2, EE & Vodafone
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

FAQ
About Brook Street, Mousehole, Cornwall, TR19
Explore nearby