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The Belyars, St. Ives TR26

South West

£225,000
Listed on 19/10/2025

Property Details

Bedrooms
2
Type
Flat
Area
850 sqft

Description

This spacious two-bedroom apartment, situated on the first floor of the well-regarded Lansdowne block in St Ives, presents a unique opportunity for renovation and investment. With its generous layout, it features a large living room that benefits from stunning sea views through a sizable double-glazed window, creating an inviting space to entertain or relax. The adjoining dining area offers versatility, serving as an office space or additional dining nook. The apartment includes a utility room equipped with plumbing for a washing machine and ample storage options, while the kitchen features functional eye and base level units alongside essential appliances, including an electric hob and oven. Both bedrooms are sizeable and come with built-in wardrobes, providing convenient storage solutions. The bathroom comprises both a walk-in shower cubicle and a panelled bath, catering to various preferences. Located within close proximity to local amenities and scenic coastal walks, this property allows for easy access to the vibrant community of St Ives. Although some internal updating is required, this presents an excellent chance to customize the space according to personal taste or to enhance its rental potential. Additional benefits include designated off-road parking and the use of well-maintained communal gardens. It is important to note that holiday letting is not permitted in this development, making it more appealing for long-term rental opportunities. With 959 years remaining on the leasehold and reasonable service charges, this property stands out as a promising investment in one of Cornwall’s most sought-after locations.

Investment Analysis

(TR26 area)

Below Market Value

This property is priced -42.4% below area average per sq ft

-42.4%
Potential saving
This Property
£265/sq ft
Area Average
£459/sq ft
Avg Rent (weekly)
£312
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£429,399
10% above area average per sq ft
Potential ROI
+75.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (TR26)

Area prices are falling by +10.6% over the last 12 months
3 year growth: -17.9%
5 year growth: 0.5%
Investment Disclaimer: Analysis based on TR26 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

The Belyars, St. Ives TR26
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£824
Based on a loan of £168,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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