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 flat · TR18 2EQ
For saleListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A distinctive and versatile one-bedroom apartment offering generous and flexible accommodation arranged over two floors, with a large studio-style living space and useful attic room above.
Situated in the heart of Penzance, this chain-free property would make an ideal home, creative workspace or lock-up-and-leave coastal base.
The ground floor comprises an impressive multi-purpose room currently arranged as a bedroom and reception space, together with a spacious bathroom.
This floor lends itself to a variety of layouts depending on the purchaser's needs and offers excellent flexibility for home working or creative pursuits.
Stairs rise to the first floor where you'll find a wonderful open-plan living space with the kitchen positioned at one end.
Flooded with natural light from numerous windows and two sets of double doors opening onto Juliet balconies, the room has an airy, loft-style feel and provides ample space for both living and dining.
Accessed via a loft ladder is a substantial attic space with Velux windows enjoying sea views across the rooftops.
Whilst not forming part of the main accommodation, it provides excellent additional space for storage, hobbies or studio use.
The property is offered to the market chain free and occupies a convenient position on Bread Street, just moments from Penzance's vibrant mix of independent shops, cafés, restaurants and the seafront.
Walking distance to the town centre, train and bus station this property is ideally situated in the heart of Penzance.
The market town of Penzance and its working harbour lies in a sheltered corner of Mounts Bay in South West Cornwall.
The town offers all amenities including: schools, doctors, churches, banks, shops, restaurants and the famous Jubilee Pool and Morrab Gardens. The neighbouring town of Newlyn is approx. 1 mile away.
Marazion 3 miles. Sennen, Porthcurno and St.Ives all within a short drive. Ground Floor Wooden double doors into: Main Area/Studio 2.77m x 7.04m 2 Electric heaters.
Built-in shelving, 3 wooden double-glazed windows to front. Deep storage cupboard housing water tank, and electrics. Power points. Bathroom 3.6m x 1.52m Wash hand basin, w/c.
Mirror, shaver point. Large frosted wooden window to rear. Bath with shower over and hand-held and shower screen. Electric towel rail. Vinyl floor. Extractor.
First Floor Open Plan Kitchen/Lounge 8.84m x 4.57m 3 Double-glazed wooden windows to rear, 3 double-glazed wooden windows to front. 2 Double-glazed wooden French doors.
3 Electric heaters. Kitchen-Fitted base units with sink and drainer, space for fridge freezer. Logik integrated cooker with electric hob, and extractor over.
Large wooden French door opening onto street. Power points. Room for table/chairs. Aerial point. Hallway Stairs rising, frosted wooden window to rear with window seat.
Electric heater, power points. Attic Room/Storage 9.12m x 3.05m 2 Velux windows with view of the sea, and St. Michael's Mount. Beams. Power points, boarded. Council Tax: Band A.
Services: Mains water and drainage. Electric.
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 Bread Street, Penzance, TR18
Explore nearby