Worst House on the Street Logo
Thomas Terrace, Porthleven - Image 1
Thomas Terrace, Porthleven - Image 2
Thomas Terrace, Porthleven - Image 3
Thomas Terrace, Porthleven - Image 4
Thomas Terrace, Porthleven - Image 5
Thomas Terrace, Porthleven - Image 6
Thomas Terrace, Porthleven - Image 7
Thomas Terrace, Porthleven - Image 8
Thomas Terrace, Porthleven - Image 9
Thomas Terrace, Porthleven - Image 10

Thomas Terrace, Porthleven

South West

£199,950
Listed on 07/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
562 sqft

Description

Nestled within the charming fishing village of Porthleven, this two-bedroom terraced cottage embodies a blend of character and potential for renovation. Featuring a distinctive local stone facade, the cottage retains traditional elements such as beamed ceilings and a feature fireplace with a woodburner, all of which could shine brighter with some thoughtful updates. The layout offers practicality with a lounge that flows into a kitchen equipped with basic amenities and ample space for modernization. Adjoining the kitchen is a utility room that provides additional functionality, leading out to a small courtyard area—an ideal spot to create an outdoor retreat or garden space. On the first floor, you'll find two bedrooms along with a bathroom that is currently functional but presents an opportunity for enhancement. The master bedroom enjoys views to the front, while the second bedroom features built-in wardrobes and access to loft space, offering possibilities for storage or further development. Porthleven is known for its vibrant community atmosphere and scenic coastline. As mainland Britain’s most southerly port, it boasts an array of renowned restaurants, a beautiful beach perfect for surfing, and stunning clifftop walks that attract both locals and visitors alike. Community life is rich here; various sports clubs and cultural events contribute to the village’s charm, making it not only a lovely place to live but also an attractive area for investment. With its distinctive features and desirable location, this property presents an ideal canvas for those looking to invest in real estate in a thriving seaside community. Whether you are seeking a project to renovate or looking to capitalize on the area's increasing popularity, this cottage holds significant potential awaiting your vision.

Investment Analysis

(TR13 area)

Above Market Value

This property is priced +7.6% above area average per sq ft

+7.6%
This Property
£356/sq ft
Area Average
£331/sq ft
Avg Rent (weekly)
£236
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£204,377
10% above area average per sq ft
Potential ROI
-9.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TR13)

Area prices are rising by +2.9% over the last 12 months
3 year growth: -5.9%
5 year growth: 27.0%
Investment Disclaimer: Analysis based on TR13 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

Thomas Terrace, Porthleven
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£732
Based on a loan of £149,962 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