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St Ives, Cornwall

South West

£310,000
Listed on 17/05/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
850 sqft

Description

This mid-terraced home offers the potential for renovation and customization, located centrally in the charming town of St Ives. With three bedrooms and a substantial layout, this property is ideal for those looking to invest in a project that can be transformed into a modern living space. Upon entering, you'll find an entrance vestibule that leads into a welcoming hallway with stairs to the first floor. The ground floor features two reception rooms: a cozy lounge with a front-facing UPVC double-glazed window and period fireplace details, along with a dining room that overlooks the rear garden. Each room retains original character but would benefit from updates to fit contemporary tastes. The kitchen, though compact, includes essential amenities such as base-level units and plumbing for a washing machine. It opens directly onto the rear garden, inviting opportunities for an expanded layout or outdoor dining area. A unique feature of this home is the wet room, which could be easily modernized to create a more efficient bathroom space. Upstairs, you’ll discover three bedrooms that vary in size and offer flexible options for use—ideal for families or as potential offices or guest rooms. The master bedroom includes built-in storage, while the other two rooms maintain ample natural light from their windows. Outside, the front entrance features steps leading up to a small foregarden, while the rear presents an opportunity to enhance outdoor living with its mature shrubs and existing patio area. This space holds promise for further landscaping or recreational use—perfect for entertaining or relaxing. With gas central heating and double glazing already installed, this property is equipped with some modern comforts but awaits your vision to unlock its full potential. Being situated in central St Ives means easy access to local amenities and transport links, enhancing its desirability as a residential investment. Renovation here not only has aesthetic rewards but may also significantly increase property value over time.

Investment Analysis

(TR26 area)

Below Market Value

This property is priced -22.4% below area average per sq ft

-22.4%
Potential saving
This Property
£365/sq ft
Area Average
£470/sq ft
Avg Rent (weekly)
£262
Avg Yield
2.8%

Renovation Potential

Est. Renovation Cost
£31,000 - £77,500
10-25% of property value
Target Value
£439,357
10% above area average per sq ft
Potential ROI
+13.4%
After renovation
Monthly Sales
15
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (TR26)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -7.6%
5 year growth: 15.9%
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

St Ives, Cornwall
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