2-bedroom terraced house · TR18 5PT
For saleListed today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a quiet, pedestrian-only street just moments from Newlyn's seafront and harbour, this charming two-bedroom terraced cottage is beautifully presented throughout and offers well-appointed accommodation in a lovely setting.
The property was renovated throughout approximately four years ago and has been maintained to an excellent standard since, offering a home that is ready to move straight into.
The ground floor comprises a welcoming living room which leads through to a separate dining room, with a modern fitted kitchen positioned to the rear.
There is also the added convenience of a ground-floor WC. On the first floor are two good-sized double bedrooms and a contemporary family bathroom, all presented in excellent condition.
Outside, the property benefits from a pretty frontage which adds to its traditional character, together with a small courtyard to the rear.
Ideally positioned within easy walking distance of Newlyn's seafront, harbour, independent shops, cafés and restaurants, the property enjoys a peaceful location whilst remaining close to everyday amenities.
Offered to the market chain free, this is a beautifully maintained home in a lovely part of Newlyn, ready for immediate occupation. Florence place is a quiet, pretty level terrace in Newlyn.
No through road. Walking distance to all amenities and the harbour. Newlyn, a small fishing village just over a mile from Penzance has many local amenities including a Co-op, and doctors' surgery.
It also boasts a number of artisan cafes, restaurants, art galleries and a cinema. Nearby Penzance has rail links to the rest of the country.
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 Florence Place, Newlyn, Penzance, TR18
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