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St Ives, Cornwall

South West

£245,000
Listed on 20/06/2025

Property Details

Bedrooms
2
Type
Flat

Description

This spacious two-bedroom apartment is situated on the first floor of the sought-after Lansdowne block in St Ives, offering impressive sea and coastal views. The property features a practical layout that includes a utility room, a generous living room with designated dining or office space, two double bedrooms, a bathroom, and a kitchen. While the apartment is currently in need of some updating, it presents an excellent opportunity for renovation to enhance its charm and functionality. The large living room benefits from a sizable double-glazed window that frames the picturesque views, while both bedrooms come equipped with built-in wardrobes, maximizing storage options. The kitchen includes essential appliances and space for additional features like a dishwasher and fridge-freezer. The bathroom offers ample space with a walk-in shower as well as a bathtub. An inner hallway connects the living area to the bedrooms and bathroom, showcasing some appealing wood detailing. Outside, residents have access to well-maintained communal gardens and an allocated parking spot. It’s noteworthy that this property cannot be used for holiday letting, which may appeal to buyers seeking stability in their investment. Positioned within a desirable neighborhood known for its vibrant coastal atmosphere, the property is conveniently located near local amenities and attractions. Given its potential for modernization and improvement, this apartment could serve as an attractive long-term investment or personal residence in an idyllic setting.

Investment Analysis

(TR26 area)
Area Average
£470/sq ft
Avg Rent (weekly)
£262
Avg Yield
2.8%

Renovation Potential

Est. Renovation Cost
£24,500 - £61,250
10-25% of property value
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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