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See how verdicts work3-bedroom bungalow · TR18 5QS
Sold STCListed 117 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying an enviable elevated position above the harbour, this detached three-bedroom bungalow enjoys panoramic views across the coastline, harbour and surrounding bay.
Coming to the market for the first time in over 40 years, this much-loved home presents a rare opportunity to acquire a property in one of the area’s most sought-after settings.
The accommodation is well proportioned and cared for throughout, offering buyers the chance to move straight in while also presenting excellent potential for cosmetic updating and modernisation.
Internally, the property comprises a spacious living room positioned to take full advantage of the sea views, a generous kitchen/diner, shower room, single bedroom, rear double bedroom and a further large front-facing double bedroom enjoying outstanding views.
Outside, the bungalow is set within established gardens to both the front and rear, with the front garden perfectly positioned to enjoy the far-reaching outlook across the water and harbour.
A garage and off-road parking further enhance the practicality of the home.
Offered to the market chain free, this is a fantastic opportunity for buyers seeking a property with potential in an exceptional location.
Newlyn has really grown in popularity over the last few years. This working Harbour village has so much to offer with events going on all year round.
A variety of gallery’s, cafes, restaurants, pubs and private cinema as well as doctors, chemist and primary school.
Full double-glazed door into: Lounge 5.64m x 3.58m Generous double-glazed window to front with amazing sea views of Mounts Bay, St. Michaels Mount, and Jubilee Pool.
Double-glazed window to side, fire surround with gas fire inset and mantle. Radiator, power point, TV point.
Open archway into: Kitchen/Dining 5.64m x 3.18m Double-glazed window to side and rear, radiator. Fitted kitchen comprising range of cupboards and drawers, sink and drainer with mixer tap.
Integrated gas hob and oven with extractor, and worktop surface over.
Space for dishwasher, integrated fridge and freezer, tiled splash, space for washing machine, power point, Glazed door to Rear Hall Frosted double-glazed door to rear.
Inner Hall Radiator, access to loft, door to cupboard housing boiler.
Bedroom 1 4.2m x 3.8m Double-glazed window to front with amazing sea views from Mounts Bay across to the Lizard and St. Michael's Mount. Radiator, power points.
Bedroom 2 2.97m x 3.07m Double-glazed window to rear, radiator, power point. Bedroom 3 2.2m x 2.82m Double-glazed window to front with amazing sea views, and views of St. Michaels Mount.
Shower Room 2.3m x 1.68m 2 Frosted double-glazed window to rear, heated towel rail, wall mounted electric heater. Large shower cubicle, wash hand basin, w/c.
Outside Gate access into garden with path leading to front door. Lawn to side, rear and front. Hedge and fence boundaries with well-stocked with shrubs and plants.
Path leading right around the property. Paved area to front with pretty front lawn and planted borders.
Stunning views of Mounts Bay, paved area to one corner of the garden which enjoys panoramic sea views. Garage 4.55m x 2.44m In a block with up and over door.
Block-built Utility/Shed 1.63m x 1.63m Hot & cold water, frosted double-glazed window to front, power points, space for washing machine. Council Tax: Band D.
Services: Electric, mains water and drainage.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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 Pengwell, Newlyn, TR18
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