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The Square, Marazion

South West

£450,000
Listed on 14/05/2026

Property Details

Bedrooms
1
Type
House
Area
456 sqft

Description

Situated in the vibrant heart of Marazion, this mixed-use freehold property represents a significant investment opportunity with both immediate income potential and future versatility. Just a short walk from the scenic beach, the premises benefits from high visibility and consistent foot traffic, making it an ideal location for commercial endeavors. The property features a spacious one-bedroom apartment on the upper level, along with a ground floor commercial unit that maintains direct street frontage. Currently, both spaces are tenanted—the commercial space is leased to a local business until February 2027—providing immediate cash flow alongside options for future reconfiguration or personal use. As you approach this Grade II listed building, its distinctive Cornish stone facade and traditional shopfront make a welcoming impression. Inside, the main shop area is bright and well-laid-out, historically functioning as a bakery with ample display space and customer flow. At the rear, there are practical preparation areas suitable for food production or storage, complemented by a WC facility. A separate outbuilding offers additional storage or potential for further development. The one-bedroom apartment has its own access and includes essential living spaces like a kitchen, bathroom, and sitting room—all of which have views towards St Michael's Mount and the sea. A gravelled garden area and designated parking rights enhance the property's appeal. Overall, this unique property not only provides stable rental income but also invites future enhancement or transformation in line with your vision. Marazion’s thriving community is enriched by local shops, eateries, art galleries, and easy access to beautiful beaches—a perfect backdrop for both residents and business owners alike.

Investment Analysis

(TR17 area)

Above Market Value

This property is priced +139.0% above area average per sq ft

+139.0%
This Property
£987/sq ft
Area Average
£413/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£207,136
10% above area average per sq ft
Potential ROI
-58.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Market Turnover
%
Properties sold annually
Investment Disclaimer: Analysis based on TR17 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

The Square, Marazion
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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
£1,605
Based on a loan of £337,500 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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