2-bedroom terraced house · TR18 5HZ
For saleListed 399 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This immaculate and character-filled cottage offers the perfect blend of charm and comfort, right in the heart of Newlyn.
Inside, the ground floor features an inviting open plan living and dining room, a well-equipped kitchen, and access to a private courtyard.
Upstairs, you’ll find a spacious double bedroom, a standard double bedroom, and a modern family bathroom.
The cottage benefits from on-road parking nearby, with a convenient pay-and-display car park just a short walk away. The property will be chain free.
A moments’ walk to the centre of Newlyn a thriving fishing village. The nearby town of Penzance is a level 1 mile walk away or a short drive and nearby Mousehole and Paul all within walking distance.
All major amenities in Penzance but Newlyn boasts a number of fantastic restaurants and cafes, cinema, chemist, butchers, bakers and a number of fresh fish counters along with galleries and independent shops.
Front door into: Entrance Porch Tiled floor.
Door into: Lounge/Dining Room 5.82m x 3.5m Tiled floor throughout, double-glazed window to front and back, inset woodburning stove, surround and mantle over.
2 Doors to cupboard under the stairs, power points, recess with shelving. Beams, radiator, stairs rising.
Through to: Kitchen 2.13m x 2.34m Double-glazed window to side, 1/2 Glazed door to courtyard. Tiled floor. Tiled walls.
Fitted kitchen with range of cupboards, and drawers, sink and drainer with mixer tap. Power point, electric hob and oven. Integrated fridge, tall modern vertical hung radiator.
Stairs to First Floor Landing Access to loft. Bedroom 1 3.56m x 2.67m Radiator, double-glazed sash window to front with deep sill, exposed stone work to one wall, power points.
1/2 Frosted door to: Shower Room 2.36m x 1.7m Double-glazed frosted window to rear, boiler, tall heated towel rail, wall to wall walk-in shower screen, and hand-held.
W/C, wash hand basin, tiled walls to all sides. Bedroom 2 3.35m x 4.78m Dual aspect double-glazed window to front, and rear, radiator, door to wardrobe, power points.
Outside Enclosed walled courtyard, gate access, space for storage bench and pots and planters. Council Tax: Band B. Services: Electric, mains water and drainage.
Broadband: We understand from the Openreach website that Full Fibre Broadband is available with a download speed of 1600 Mbps, and an upload speed of 115 Mbps.
Agent's note Please note that this property includes a flying freehold.
As it represents less than 25%, it should not present an issue; however, we recommend confirming with your mortgage broker prior to arranging a viewing.
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
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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
Agent & docs
FAQ
About Jack Lane, Newlyn, Penzance, TR18
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