3-bedroom terraced house · TR18 2BJ
Sold STCListed 66 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A wonderfully individual home with a real sense of character, this property is believed to be the only house on the street arranged over four levels.
Full of personality and unexpected spaces, it offers flexible accommodation, a workshop, generous storage and a top-floor bedroom enjoying a sea view.
The basement level provides a useful workshop, making an ideal space for hobbies, creative projects or practical storage.
On the ground floor, the accommodation includes a kitchen, dining room and living room, with the living space extending into a covered sun room to the rear side of the property.
Further storage beyond leads through to a raised outdoor seating area, creating a tucked-away spot for sitting out and entertaining.
The first floor offers three bedrooms, comprising two doubles and a single, together with a shower room. Occupying the second floor is a particularly appealing bedroom with its own w/c.
Set into the roof with a dormer window, this room enjoys a sea view and gives the top floor a lovely sense of escape from the rest of the house.
This certainly isn't a conventional home — and that's very much part of its charm.
With an eclectic, unusual layout and plenty of quirky details, it's a property likely to appeal to buyers looking for something genuinely different rather than a standard modern finish.
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.
Front door into: Entrance vestibule Floor to dado panelling.
1/2 Glazed with ornate detailing, frosted glass door into: Lounge/Dining Room 7.16m x 4.06m Bay window to front, wood floors, open fireplace with tiled surround and wooden mantle.
Alcoves to each side with shelving, further fireplace with woodburning stove inset and exposed stone, 2 radiators, alcove to one side with shelving.
Open through to: Kitchen 3.94m x 2m Gallery style, tiled floor, 2 windows to side. Freestanding stainless steel worktop surfaces and storage, deep sink and drainer with pull-out mixer tap.
Space for dishwasher, and fridge freezer, electric cooker. Splashback, and extractor over. Shelving, and wall-mounted storage. The kitchen is fully functioning catering style kitchen.
Access point for waste disposal and recycling. Utility/Storage Room 1.98m x 2.84m Glazed French doors, space for washing machine and polycarbonate roof.
Glazed door to: Covered outside area 1.88m x 2.2m Covered side rear, access with glazed door to side and rear service lane.
Steps up to : Roof Terrace 2.2m x 1.96m Door to further storage. Seating area.
Stairs to First Floor Front Landing 3.25m x 2.6m Generous size, tall window to rear, and shelving unit. Picture rail, power points, very light.
Bedroom 3.78m x 2.62m Bay window to front with sea glimpses in two areas, radiator, alcove with hanging space.
Bedroom 2.3m x 3.23m Window to front, wood floors, raised single bed with storage under, and fitted shelf. Overhead storage, glass brick feature wall on two sides.
Inner Landing Stripped wooden door to: Bedroom 3.2m x 3.15m Window to rear with working shutters, radiator, wooden flooring, Shower Room 3.56m x 2.18m Modern recently updated, larger than average walk-in shower with stylish black tiling, and glass screen, modern heated towel rail, w/c, wash hand basin, window to side.
Stairs leading (Attic Hatch) Attic Room 5.18m x 4.37m Double-glazed dormer window to front with glazing to each side, beautiful sea views across Mounts Bay, Penzance Harbour and the Lizard.
Wooden floors. 3 Access points with storage into eaves.
Saloon style door to w/c and wash hand basin, glass brick feature wall, double-glazed window to rear with side window, freestanding worktop, and storage, power points, exposed A frames and beams.
Retractable hatch/step down to: Basement 7.06m x 2.87m (Currently used as an Art Studio). Potential for a number of uses. Window to front almost at street level.
Wall to wall storage, Butlers sink and tap. Operating system and battery for solar panels, worktop surface and power. Services: Electricity, mains water and drainage. 6 Solar panels.
Council Tax: Band B.
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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