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See how verdicts work2-bedroom house · TR18 5HY
For saleReduced £20k (−7.4%) on 24 SepListed 754 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in a tucked away position near the centre of Newlyn is this two bedroom character home with sea views towards St Michael's Mount and only a short stroll from the amenities in Newlyn.
The town of Penzance is just a short drive away with both the promenade and Newlyn green within walking distance.
The property has been well cared for by the present vendor and is therefore offered to the market in good decorative order throughout with well-proportioned living accommodation which would make an ideal family home.
To the front of the property is a sunny aspect garden with cobbled sitting area offering a good degree of privacy. There is also access to the rear courtyard.
Clifton Terrace is one of the more sought after areas in Newlyn and we would highly recommend an early appointment to view.
Property additional info entrance hall: Half glazed Cornish door into: Living room: 12' 6" x 11' 7" (3.81m x 3.53m) Period style fireplace with tiled inset and carved surround, shelved recess, cornice, picture rail, window seat overlooking garden, tv point.
Opening to: Dining room: 13' 2" x 11' 11" (4.01m x 3.63m) Open fireplace with log burner set on tiled hearth flanked by shelved recess, laminate flooring.
Kitchen: 10' 7" x 8' 7" (3.23m x 2.62m) Stainless steel inset single drainer sink unit with cupboards below, a range of fitted base and wall mounted units with work surface and power points, space for freestanding cooker, extractor hood, cupboard housing hot water cylinder.
Utility room: 8' 8" x 8' 7" (2.64m x 2.62m) Space and plumbing for washing machine and tumble dryer, half glazed door to courtyard.
Stairs from entrance hall to: first floor landing: Access to loft insulated and boarded with good head height, ideal for a variety of uses subject to any necessary planning permissions.
Bedroom one: 16' 0" x 12' 1" (4.88m x 3.68m) Sliding sash windows with original shutters having sea views over Mount's Bay to St Michael's Mount and beyond, built in wardrobes.
Bedroom two: 12' 1" x 9' 8" (3.68m x 2.95m) Built in wardrobes, window to the side.
Outside: The front garden is laid to patio with established plant borders, raised pebbled seating area and a good degree of privacy.
To the rear there is a courtyard with pedestrian access and outside tap. Services: Mains water, electricity and drainage.
Directional note: Via what3words ///skater.height.pint agents note: We checked the phone signal with Vodafone which was good. The property is constructed of granite under a slate roof.
We understand from that Ultrafast Full Fibre Broadband (FTTP) should be available to the property. Roof type: Slate tiles. Mobile signal/coverage: Good. Construction materials used: Others.
Water source: Direct mains water. Electricity source: National Grid. Sewerage arrangements: Standard UK domestic. Broadband internet type: FTTP (fibre to the premises). Parking Availability: No.
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 4 Clifton Terrace, Newlyn, Penzance
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