Worst House on the Street Logo
Tolcarne Terrace, Newlyn, TR18 - Image 1
Tolcarne Terrace, Newlyn, TR18 - Image 2
Tolcarne Terrace, Newlyn, TR18 - Image 3
Tolcarne Terrace, Newlyn, TR18 - Image 4
Tolcarne Terrace, Newlyn, TR18 - Image 5
Tolcarne Terrace, Newlyn, TR18 - Image 6
Tolcarne Terrace, Newlyn, TR18 - Image 7
Tolcarne Terrace, Newlyn, TR18 - Image 8
Tolcarne Terrace, Newlyn, TR18 - Image 9
Tolcarne Terrace, Newlyn, TR18 - Image 10
Tolcarne Terrace, Newlyn, TR18 - Image 11

Tolcarne Terrace, Newlyn, TR18

South West

£295,000
Listed on 07/10/2025

Property Details

Bedrooms
1
Type
Terraced house

Description

Nestled a stone’s throw from the coastline in the vibrant village of Newlyn, this charming fisherman’s cottage presents a unique opportunity for renovation and investment. Currently set up as a one-bedroom home, the property features an upstairs lounge that maximizes its stunning sea views, providing a perfect canvas to reconfigure the layout into a two-bedroom residence, should you desire. The sizeable garden is a standout feature, offering ample space for gardening or outdoor entertaining, and presents potential for expansion with the appropriate planning permissions. In addition to the expansive outdoor area, the property includes a private parking space and easy access to visitor parking nearby. Inside, the cottage retains character with original details like beams and an inviting open fireplace in the kitchen/dining/living area. This functional space boasts double-glazed windows framing picturesque views of Newlyn Lighthouse. The upstairs lounge or potential second bedroom also benefits from large windows overlooking Mounts Bay, creating an inviting atmosphere filled with natural light. The garden is enclosed by traditional boundary walls and provides a peaceful retreat away from the hustle of village life. A generous shed adds extra storage or workspace options. Newlyn itself has seen a rise in popularity with its thriving community and array of amenities including galleries, cafes, restaurants, pubs, and year-round events. It’s an appealing location not just for living but also for investing in a holiday let or rental property due to its proximity to local attractions and services such as schools and medical facilities. This cottage is well-positioned for someone looking to infuse their personal style through cosmetic updates while capitalizing on its inherent value and potential growth within this desirable coastal village.

Investment Analysis

(TR18 area)
Area Average
£316/sq ft
Avg Rent (weekly)
£220
Avg Yield
4.0%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TR18)

Area prices are falling by +4.4% over the last 12 months
3 year growth: -4.6%
5 year growth: 17.4%
Investment Disclaimer: Analysis based on TR18 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

Tolcarne Terrace, Newlyn, TR18
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,081
Based on a loan of £221,250 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE