3-bedroom terraced house · TR18 2BL
Sold STCListed 186 days
Opportunity summary
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About
A rare opportunity to acquire a beautifully unspoilt period home, untouched in all the right ways and brimming with original features throughout.
From original floorboards, internal doors, and shutters, this property offers the perfect canvas for those looking to restore and create a truly special home.
Offered to the market with no onward chain, the accommodation is arranged over three floors: The ground floor comprises a living room, separate dining room, kitchen, rear porch/workshop, and a bathroom.
On the first floor, there is a generous front-facing principal bedroom along with two further smaller bedrooms.
The second floor features a large attic room, enjoying far-reaching sea views across to St Michael's Mount, adding a truly special element to the home.
While the property is in need of full renovation, it benefits from a new boiler installed in 2024, providing a solid starting point for improvement.
This is an ideal purchase for renovators, investors, or those seeking a characterful coastal home to restore to its former glory. Very short walk to town centre.
Penzance 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. 1/2 Frosted glazed bowed door into: Entrance vestibule Dado rail with patterned to dado level.
Cornicing, wooden flooring. 1/2 Frosted glazed stripped door into: Hall Wooden flooring, radiator, power point, cornicing, stairs rising.
Stripped wood door into: Lounge 4.1m x 3.43m Sash window to front with working shutters to each side and panelling, cornicing, fireplace with arched coving to either side, and shelving under.
Radiator, wood floors, power points, TV point. Reception/Dining Room 3.18m x 3.5m (Measured into alcove). Window to rear, fireplace alcoves to either side, shelves, radiator, power points.
Inner Hall Understairs cupboard, recess for storage. 1/2 Glazed door into: Kitchen 3.5m x 2.6m Beams, radiator, 1/2 glazed door to rear porch. Boiler, worktop surface.
Sink and drainer and mixer tap, radiator, power points, inset cupboard to one wall, space for gas cooker.
Bathroom 2.87m x 2.5m Window to side, and small frosted window to rear, radiator, cast iron bath, wash hand basin, radiator, door to w/c, window to side.
Rear Porch/Workshop 4.5m x 2.84m Bespoke workbench with drawer space under, and shelving, power points, space for washing machine. Door to enclosed yard which gets the morning sun.
Steps down to rear gate, and service lane. Stairs to First Floor Exposed natural wood staircase. 3/4 Landing Power point. Landing Radiator, door to cupboard with shelving.
Bedroom 1 4.8m x 3.63m Wooden flooring, 2 windows to front, fireplace and mantle, radiator, power points, shallow alcove.
Bedroom 2 3.15m x 3.2m Window to rear with sea glimpses, radiator, fireplace, power points, wardrobe recess. Shelf, and hanging space.
Bedroom 3 3.5m x 2.36m Dual aspect windows to side and rear with views across the sea and St. Michael's Mount, radiator, access to roof space. Power points.
Landing Door to stairwell and access to: Attic 4.8m x 4.8m Dormer window to front, beautiful sea, harbour and Mount view. Power points, and radiator.
Outside to Front Attractive slate path to front door, planted frontage with 2 magnificent mature flowering shrubs. Council Tax: Band B.
Services: Electric, mains water and drainage, mains gas. Broadband: We understand from Openreach that full fibre broadband is available.
Value & comps
No previous sales on record.
Returns
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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 Belgravia Street, Penzance, TR18
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