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Jack Lane, Newlyn, TR18

South West

£475,000

Listed on 08/06/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1274 sqft

Description

Located in Newlyn, this substantial semi-detached house featuring four bedrooms offers a promising canvas for renovation and modernization. Having been held by the same family since 1955, the property presents an opportunity to reimagine its layout, with three reception rooms and a kitchen on the ground floor providing flexible living spaces that could be reconfigured or extended if desired. The upper level includes two spacious double bedrooms along with two additional bedrooms, complemented by a family bathroom and separate WC.
Character is abundant throughout the home, which also boasts a versatile detached two-storey net loft that can serve as a workshop, studio, or be converted into further living space—subject to planning permissions.
A standout feature is the generous private garden, offering a tranquil outdoor retreat unusual for such a central location. Gated access allows for parking of a small vehicle.
While the property requires significant refurbishment, it holds immense potential in a sought-after area. It is ideal for those looking to create a long-term family residence or an investment project. Additional assets include a new roof installed in 2019 and an abundance of outdoor space adjacent to local amenities and attractions of Newlyn—known for its vibrant culinary scene and cultural offerings.

Investment Analysis

(TR18 area)

Above Market Value

This property is priced +19.5% above area average per sq ft

+19.5%
This Property
£373/sq ft
Area Average
£312/sq ft
Avg Rent (weekly)
£244
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£437,377
10% above area average per sq ft
Potential ROI
-26.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TR18)

Area prices are rising by +4.6% over the last 12 months
3 year growth: +0.2%
5 year growth: +21.6%
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

Jack Lane, Newlyn, TR18
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,794
Based on a loan of £356,250 over 30 years at 4.45% 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.

Stamp Duty Calculator

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