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Bedford Road, St Ives TR26

South West

£500,000
Listed on 02/05/2025

Property Details

Bedrooms
5
Type
Terraced house
Area
1474 sqft

Description

This substantial mid-terrace townhouse in the sought-after coastal town of St Ives presents a remarkable opportunity for renovation and investment. With five bedrooms and a versatile layout spread across three floors, this property is conveniently located within walking distance to the bustling shopping streets, picturesque harbour, and sandy beaches. The internal configuration offers a variety of living options. The ground floor features an entrance hallway that leads to a spacious lounge with a charming bay window and original fireplace, as well as a flexible room that could serve as a dining area or additional bedroom. The kitchen/breakfast room is functional but could benefit from modern updates to maximize its potential. A shower room completes this level, providing practical amenities. On the first floor, you'll find three to four bedrooms, each with its unique characteristics. One particularly notable room includes an area that could easily transition into a second kitchen, enhancing the property's versatility for multi-generational living or rental opportunities. The top floor houses an attic bedroom showcasing lovely sea glimpses, making it an inviting retreat. While some cosmetic improvements are needed throughout the home, the existing gas central heating and mostly double-glazed windows offer solid foundations for future enhancements. Outside, the property boasts a raised fore garden and a small rear courtyard with access to the lane behind—ideal for outdoor relaxation or potential landscaping improvements. With no onward chain complicating the sale process, this property stands out not only as a family home but also as an excellent investment opportunity in a highly desirable location. It is freehold with manageable council tax rates and presents possibilities for both short-term rentals and long-term residency in one of Cornwall's most beloved areas.

Investment Analysis

(TR26 area)

Below Market Value

This property is priced -28.4% below area average per sq ft

-28.4%
Potential saving
This Property
£339/sq ft
Area Average
£474/sq ft
Avg Rent (weekly)
£271
Avg Yield
2.8%

Renovation Potential

Est. Renovation Cost
£50,000 - £125,000
10-25% of property value
Target Value
£767,976
10% above area average per sq ft
Potential ROI
+22.9%
After renovation
Monthly Sales
11
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TR26)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -8.5%
5 year growth: 17.6%
Investment Disclaimer: Analysis based on TR26 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Bedford Road, St Ives TR26
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