1-bedroom flat
To rentListed 7 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Top Flat, 9 Coulsons Buildings, Lower Queen Street, Penzance TR18 A spacious and light, unfurnished one bedroomed apartment over first and second floors close to the Promenade and Jubilee Pool in Penzance.
The property benefits from gas central heating and double glazing.
The accommodation with approximate dimensions is as follows: Painted wooden door from the street into: Shared communal hallway Cupboard housing electricity and gas meters, doormat set into carpet, painted wooden door into the flat, smoke detector Carpeted stairs to First floor Carpeted, spotlights, smoke detector, wall mounted thermostat White painted wooden door into: Bedroom – 4.26m x 2.08m min increasing to 3.67m Ceiling mounted spotlights, wood laminate flooring, white wooden sash windows to front of building, central heating radiator White painted wooden door from first floor landing into: Kitchen Ceiling spotlights, white wooden double glazed sash window, wood effect fitted base and wall mounted units, integral fridge and freezer, electric oven, gas hob, extractor hood, single drainer stainless steel sink with chrome mixer tap, mains gas fired boiler, wood laminate flooring, tiled splashback to worktops, laminate worktop, central heating radiator White painted wooden door from first floor landing into: Bathroom Tiled flooring, part tiled walls, spotlights, extractor fan, white pedestal washbasin with chrome mixer tap and tiled splashback, chrome ladder style heated towel rail, wall mounted mirror, WC roll holder, low level WC, white plastic panelled bath, concertina shower screen, shower over the bath.
Carpeted stairwell from first floor landing into: Second floor Carpeted landing, wall light, Velux window White painted wooden door from second floor landing into: Living room – 4.28m decreasing to 2.51m x 5.49m decreasing to 3.45m Ceiling spotlights, wood laminate flooring, central heating radiator, alcove cupboards, double glazed wooden windows, Velux window, TV points, telephone points, smoke detector, stunning views across Mounts Bay.
Nb: Restricted head height at edges of room. EPC D 58 C Tax Band A Applicants will be subject to affordability checks Viewings strictly by appointment
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 9, Coulsons Buildings, Penzance
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