2-bedroom terraced house · TR18 2AP
Sold STCListed 156 days
Opportunity summary
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About
A well positioned 2 bedroom house house on a private no-through road in the historic town of Penzance.
Offering accommodation over two floors, sitting room, family room, kitchen, dining room, family bathroom, WC, two double bedrooms and studio/attic room, garden. EPC Band D. Freehold.
Council Tax Band C Situation - Rosevean Terrace is a highly sought-after terrace located along a private road, just a short stroll from Penzance town centre, offering convenient access in and out of the town.
Penzance serves as the commercial heart of the Land’s End Peninsula and is home to a number of historic buildings, including the recently refurbished Art Deco Jubilee Pool.
Renowned for its vibrant atmosphere, the town offers an eclectic mix of shops, cafés, restaurants, galleries, and traditional inns.
Within easy reach are the peaceful subtropical gardens of Morrab and Penlee, which also house an art gallery and museum celebrating the rich history and culture of West Cornwall.
The area is close to numerous sandy beaches and celebrated local attractions, including the Minack Theatre at Porthcurno, the Tate Gallery in St Ives, and St Michael’s Mount at Marazion.
Charming nearby villages include Mousehole and Marazion, while Newlyn is known for its bustling fishing harbour.
For transport links, Penzance railway station provides a direct connection to London Paddington, making the location ideal for both leisure and commuting.
The Property - This charming, well-presented traditional granite terrace house in Penzance offers a wealth of character and period features, combined with a modern feel throughout.
Situated along a private quiet no-through road, the property provides easy access to the town centre while benefiting from a peaceful location.
The house retains many original features, including tessellated quarry tiles, adding to its character and charm.
The accommodation comprises a light and inviting sitting room with a period fireplace and a large window to the front, filling the space with natural light.
A second family room offers versatility as a snug, home office, or ground-floor bedroom if required.
At the rear of the ground floor, a spacious dining room flows seamlessly into a recently updated kitchen, which in turn provides access to the private rear garden.
Stairs from the hallway lead to the first floor, which offers two generously proportioned double bedrooms, a separate WC, and a family bathroom.
A further staircase ascends to an attic room, now offering a flexible space suitable for a variety of uses.
Outside - To the rear, the property enjoys a charming south-facing walled garden, providing a peaceful and private outdoor retreat.
Bathed in sunlight for much of the day, the garden is predominantly laid to lawn, creating a versatile space ideal for relaxing, gardening, or entertaining.
Mature boundary walls and planting offer both seclusion and a sense of enclosure, whilst the low-maintenance design ensures ease of upkeep.
The garden perfectly complements the character and layout of the house, extending the living space outdoors and offering a tranquil setting to enjoy the quieter side of Penzance.
The property is situated along a quiet, not through road which is unadopted. Services - Mains Water, Electricity, Gas and Drainage. Central heating - Gas.
Ultrafast Broadband available - Ofcom Viewings - Strictly and only by prior appointment with Stags West Cornwall on Directions - Leaving the A30 and heading to Penzance, before you reach the train station, take a right-hand turn onto Britons Hill.
Continue along the road until you reach the recreational ground at the top, Rosevean Terrace will be evident on your right-hand side.
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.
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About Rosevean Terrace, Penzance
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