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12 Virgin Street, St Ives, Cornwall, TR26 1HP

South West

£75,000
Listed on 14/05/2026

Property Details

Bedrooms
1
Type
Flat

Description

This one-bedroom flat in the desirable coastal town of St Ives presents a promising investment opportunity, particularly for those looking to make their mark through renovation. The flat is conveniently situated near local amenities, including shops, cafés, and beautiful beaches, providing a perfect blend of coastal living and accessibility. It comes with a new 999-year lease and includes a practical storage shed, adding to its appeal. While the property is currently vacant, it does require modernisation throughout, making it an ideal candidate for renovation enthusiasts keen on enhancing its value. With the right updates, this flat could transform into a charming getaway or a lucrative rental in this sought-after tourist destination.

Investment Analysis

(TR26 area)
Area Average
£463/sq ft
Avg Rent (weekly)
£301
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (TR26)

Area prices are falling by -5.5% over the last 12 months
3 year growth: -17.8%
5 year growth: -2.8%
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

12 Virgin Street, St Ives, Cornwall, TR26 1HP
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£268
Based on a loan of £56,250 over 30 years at 3.97% 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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