3-bedroom flat · TR18 2GA
Sold STCListed 114 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the sought-after Wharfside Village development in the heart of Penzance, this spacious three-bedroom ground floor apartment offers contemporary coastal living just moments from the harbour, promenade and an excellent selection of shops, cafés and restaurants.
The development successfully blends modern design with the character of its historic maritime setting, creating one of the town’s most exciting residential destinations.
The apartment itself offers generous and well-balanced accommodation throughout.
The impressive lounge provides an excellent space for relaxing or entertaining, whilst the well-proportioned kitchen offers ample storage and workspace.
There are three generous double bedrooms, including a superb principal bedroom complete with its own dressing room and en-suite shower room.
The remaining bedrooms are served by a contemporary family bathroom, making the property ideal for families, those seeking a holiday home, or buyers looking for flexible accommodation.
To the rear is an enclosed courtyard area. Whilst not included within the property’s title, the apartment enjoys sole use of this outdoor space, providing a private area to sit and unwind.
Occupying an enviable position within walking distance of Penzance’s picturesque harbour, seafront, transport links and local amenities, this is a fantastic opportunity to acquire a spacious home in one of the town’s landmark developments.
Agent's Notes: Mobile signal coverage as per ofcom: EE - Good outdoor; O2 - Good outdoor, variable in-home; Three - Good outdoor and in-home; Vodafone - Good outdoor and in-home.
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.
Area
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FAQ
About 8, Wharfside Village, Penzance
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