2-bedroom flat · TR18 4HW
Sold STCListed 237 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered in excellent condition and chain free, this beautifully presented two-bedroom second floor apartment is ready to move straight into — ideal as a main residence or investment opportunity.
The property offers a spacious and light-filled interior, with generous proportions throughout and a wonderful sense of openness.
A standout feature is the Juliet balcony, providing attractive views over the communal gardens and out towards the sea — the perfect spot to enjoy the coastal setting.
Externally, residents benefit from communal off-road parking and beautifully maintained front gardens, cared for by a gardener, offering a pleasant and well-kept environment year-round.
This freehold property combines convenience, comfort and coastal charm in one attractive package.
Walking distance to the town centre, train and bus station this property is ideally situated on the fringe 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. Access Communal door leading upto 6 flats. Wooden door into: Entrance Hall Oil fired electric radiator.
Door to storage cupboard. Access to loft space.
Doors to: Shower Room/Utility 3.4m x 1.37m Space for washing machine, built-in wash hand basin with storage below, w/c, shower, frosted double-glazed window to rear.
Bedroom 1 4.4m x 2.67m Large Upvc double-glazed window to rear overlooking Penlee Park, further double-glazed window to side. Electric radiator, door to built-in wardrobe.
Bedroom 2 2.36m x 3.4m Upvc double-glazed window to rear, electric radiator. Open Plan Living Area 7.1m x 3.28m 2 Upvc double-glazed windows to side and front.
Feature semi circle bay to front with sea views. Electric radiator. Newly fitted kitchen with integrated fridge freezer, dishwasher, double oven, hob with extractor over.
Through to: Study 1.57m x 2.67m Storage to one wall. Electric radiator. Double doors onto: Juliette Balcony Far reaching sea views.
Outside Communal gardens to front, and bin store to rear. Council Tax: Band A. Services: Electric, mains water and drainage,
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
Agent & docs
FAQ
About Penlee Manor Drive, Penzance, TR18
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