4 Higher Green Street, Newlyn, TR18 5LB
MA

4 Higher Green Street, Newlyn, TR18 5LB

By Marshalls Estate Agents

£ 240,000

Reviews

2 out of 5 stars

Marshalls Estate Agents says ..

A beautifully presented two bedroom cottage with accommodation arranged over three floors and is, at present, being successfully let through AirBnb. The property is situated on the outskirts of the bustling fishing village of Newlyn and is within

Property Oracle says ..

This two-bedroom terraced cottage in Newlyn, Cornwall, is presented as a well-maintained and stylish property, suitable for use as a holiday let or as a permanent residence. The property benefits from a recently updated interior with a modern kitchen and bathroom. The living spaces appear cozy and efficiently designed. The location in Newlyn offers access to a charming coastal village setting, near the harbour, and within reasonable distance of Penzance and its train links. However, the property’s key drawbacks are its diminutive size (526 sq ft) and complete lack of outdoor space (0.00 sq ft plot size). The asking price of £240,000 may present a challenge, particularly given its size and the absence of land. Buyers should carefully compare prices of similar-sized properties in Newlyn to ascertain the value in this case. The property’s success as an Airbnb let suggests there is a market for it, but potential buyers should be realistic about expected returns and maintenance costs.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
7
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
526.36

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
396,421.00 £
Increased by 2.18 %
from 387,975.00 £
Est sale value
213,702.16 £
Increased by 1.75 %
from 210,017.64 £
Average area rental value
1,467.00 £/mo
Increased by 22.25 %
from 1,200.00 £/mo
Est letting value
526.36 £/mo
Unchanged by 0.00 %
from 526.36 £/mo
Est rental Yield
4.44 %
Increased by 19.68 %
from 3.71 %
Crime Rate
24.00 %
Unchanged by 0.00 %
from 24.00 %

Agent Activity

  • Marshalls Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Newlyn CentreChildren's Centre Linked Site0.67 KM
Newlyn SchoolAcademy ConverterGood1.01 KM
Alverton Primary SchoolAcademy ConverterGood1.45 KM
St Mary'S Cofe Primary School, PenzanceVoluntary Aided SchoolGood1.57 KM
Mousehole SchoolAcademy Converter1.85 KM

Images

Gallery Gallery Gallery Gallery Gallery Gallery Gallery 2 Bedroom Mid Terraced House for Sale Gallery

Nearby Streets

NameAverage PriceAverage SqftDistance
South Pier £ 159,50000.00 KM
Higher Gwavas £ 000.00 KM
St. Peter's Hill £ 487,50000.00 KM
Church Street £ 218,33300.00 KM
Sea View Terrace £ 570,62500.00 KM

Nearby Transport

NameNLCTLCDistance
Penzance3526PNZ2.70 KM

Nearby Listings

AddressPriceTypeScoreDistance
4 Higher Green Street, Newlyn, TR18 5LB £ 240,000BUY5 / 100.00 KM
Lower Green Street, Newlyn, Penzance, Cornwall £ 375,000BUYUnknown0.03 KM
The Bowjey Hill, Newlyn, TR18 5LT £ 400,000BUY6 / 100.03 KM
Lower Green Street, Newlyn, Penzance, Cornwall, TR18 £ 400,000BUYUnknown0.04 KM
Green Rocks, Newlyn, Penzance, Cornwall £ 159,500BUY5 / 100.05 KM

Nearby Properties

AddressPriceDistance
95 Fore Street £ 187,0000.00 KM
96 Fore Street £ 135,0000.00 KM
4 Lower Green Street £ 56,0000.04 KM
10 Lower Green Street £ 395,0000.04 KM
2 Lower Green Street £ 70,0000.04 KM