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St. Ives, Three bed home with annexe - Image 1
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St. Ives, Three bed home with annexe

South West

£460,000
Listed on 08/11/2025

Property Details

Bedrooms
5
Type
Terraced house

Description

This expansive five-bedroom semi-detached home presents an exceptional opportunity for renovation and investment in a desirable location. While the property requires updating, its well-structured layout allows for various design possibilities that can significantly increase its value. The main residence features a kitchen and dining area, along with a spacious living room that can be transformed into a cozy gathering space. With five bedrooms available, there's ample room for family living or potential reconfiguration to create additional living spaces. A family bathroom completes the primary accommodation. Outside, the property boasts a sizable rear garden and an additional side garden, both offering significant potential for landscaping or outdoor entertainment areas. The drive-through garage adds convenience, providing direct access to the garden—ideal for storage or future projects. There is also another garage located within a nearby block. A notable highlight of this property is the fully self-contained two-bedroom annexe, which can serve as guest quarters, multigenerational living space, or even as a rental unit to generate income. This feature enhances the overall appeal and flexibility of the home, making it suitable for various living arrangements. Located in St. Ives—a picturesque seaside town renowned for its beautiful beaches and vibrant arts scene—this property benefits from easy access to local amenities including shops, cafés, galleries like the esteemed Tate St. Ives, and recreational activities along the coast. The area is well-connected by road and rail; with convenient routes to the A30 and access to mainline trains at St. Erth just three miles away. This property offers an exciting canvas for those looking to invest in their future while creating a personalized family home in one of Cornwall's most sought-after locales. Its combination of space, location advantages, and renovation potential makes it a distinctive opportunity in today’s market.

Investment Analysis

(TR26 area)
Area Average
£459/sq ft
Avg Rent (weekly)
£312
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
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

St. Ives, Three bed home with annexe
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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
£1,685
Based on a loan of £345,000 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE