3-bedroom flat · TR26 2PB
Sold STCListed 265 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
If you’re after a large, light-filled home or a second place by the coast, this could be a great fit.
Set in an iconic cliffside residence above Carbis Bay, this large three-bedroom penthouse offers front-line, uninterrupted views across St Ives Bay, from Hawkes Point to Godrevy Lighthouse.
The beach and several Carbis Bay restaurants are a few minutes walk down the hill (a few more on the way up!) It has covered parking but if you don't want to drive, the little train that goes into St Ives is a two minute walk away.
It's a 5 minute picturesque train journey into St Ives where there are numerous restaurants, shops and galleries and more beautiful beaches.
Who might like this home: Anyone looking for a roomy property with plenty of potential to update and make their own People who want to be close to the beach but also near the buzz of St Ives Buyers interested in a flexible home, second home, or investment with no holiday letting restrictions A bit more about the property: Around 1,735 sq ft (161.1 sqm) of living space with high ceilings Two balconies—one facing the bay with stunning sea views and the other a sunny, private spot Three double bedrooms, two with built-in storage Lounge with floor-to-ceiling windows leading out to the sea-view balcony A large entrance hallway that could easily be used as a home office or gallery area Covered parking space included, a real plus Important to know: The apartment currently has tenants, so the photos you see were taken before they moved in.
The place does need some updating but there’s plenty of scope to create an open-plan living space that takes full advantage of those amazing views.
The virtually staged images give a sense of what’s possible here. It’s being sold with no onward chain. The area: Carbis Bay is famous for its beautiful beach and coastal walks.
St Ives is just a short, scenic train ride away and offers a lively mix of galleries, shops, and great places to eat.
With attractions like Tate St Ives and the Barbara Hepworth Museum, plus plenty of independent shops and restaurants, it’s a great spot for year-round living or holidays.
If this sounds like a home with potential you’d like to explore, get in touch to find out more.
Verified Material Information - please scan QR code in the images for further information Council tax band: D Council tax annual charge: £3116.01 (as at 2025-26) Tenure: Leasehold Lease length: 999 years remaining (949 years from 1975) Service charge: £3,393 pa for 2025/26 and 26/27 Lease restrictions: Please see lease.
Property type: Flat Property construction: Standard form Electricity supply: Mains electricity Solar Panels: No Other electricity sources: No Water supply: Mains water supply Sewerage: Mains Heating.
Electric Night Storage heating Heating features: Double glazing Broadband: FTTC (Fibre to the Cabinet) Mobile coverage: O2 - OK, Vodafone - Good, Three - Good, EE - Good Parking: Allocated covered parking space Building safety issues: No Certificated underpinning works to a section of the complex was undertaken in 2015.
Restrictions - Listed Building: No Restrictions - Conservation Area: No Restrictions - Tree Preservation Orders: None Public right of way: No Long-term area flood risk: No Coastal erosion risk: Yes Planning permission issues: No Accessibility and adaptations: None Coal mining area: No Non-coal mining area: Yes Energy Performance rating: D All information is provided without warranty.
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.
DISCLAIMER. These particulars, whilst believed to be accurate, are set out as a general outline for guidance and do not constitute any part of an offer or contract.
Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy.
No person in the employment of Keller Williams has the authority to make or give any representation or warranty in respect of the property.
We would also point out that we have not tested any of the appliances and purchasers should make their own enquiries to the relevant authorities regarding the connection of any services.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Gwel Marten, St. Ives, TR26
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