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Charles Street, Newlyn TR18

South West

£215,000
Listed on 23/09/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
869 sqft

Description

This three-bedroom terraced home in the heart of Newlyn presents an exceptional opportunity for renovation enthusiasts and investors alike. Available for the first time in over eighty years, this property retains much of its original character, making it a unique canvas for those looking to put their personal touch on a classic residence. Upon entering, you’re greeted by two versatile reception rooms that can be reimagined to suit modern living needs. The living room features a front-facing sash window, allowing natural light to flow through, while the dining room boasts a traditional fireplace flanked by built-in storage—a feature that adds both charm and functionality. The kitchen is functional as is but holds significant potential for upgrades, providing space for modern appliances and custom cabinetry. The layout includes practical elements such as a utility room that opens to a small rear courtyard, perfect for outdoor seating or gardening. A walk-in airing cupboard adds extra storage convenience. The bathroom has essential amenities but could benefit from contemporary updates to enhance comfort and aesthetics. Upstairs, you'll find three bedrooms—each with unique characteristics like period fireplaces and sash windows—which further emphasize the home’s historic appeal. These rooms offer flexibility in terms of design and usage, whether as traditional bedrooms or transformed into creative spaces. Location-wise, this property is ideally situated within walking distance of Newlyn’s vibrant offerings which include local shops, art galleries, and eateries. The coastal lifestyle is complemented by nearby Penzance, known for its train links connecting it to broader destinations across the country. Given Newlyn's growing popularity as both a picturesque seaside village and an emerging cultural hub, this property not only offers immediate comfort but also presents significant investment potential through thoughtful renovations. With its blend of historical features and prime location, transforming this home could yield substantial value in the increasingly sought-after market of coastal living.

Investment Analysis

(TR18 area)

Below Market Value

This property is priced -21.8% below area average per sq ft

-21.8%
Potential saving
This Property
£247/sq ft
Area Average
£316/sq ft
Avg Rent (weekly)
£258
Avg Yield
4.4%

Renovation Potential

Est. Renovation Cost
£21,500 - £53,750
10-25% of property value
Target Value
£302,495
10% above area average per sq ft
Potential ROI
+12.6%
After renovation
Monthly Sales
19
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (TR18)

Area prices are rising by +3.6% over the last 12 months
3 year growth: 0.5%
5 year growth: 24.5%
Investment Disclaimer: Analysis based on TR18 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Charles Street, Newlyn TR18
Map showing location of Charles Street, Newlyn TR18
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