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 %
- Est sale value
- 213,702.16 £Increased by 1.75 %
- Average area rental value
- 1,467.00 £/moIncreased by 22.25 %
- Est letting value
- 526.36 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.44 %Increased by 19.68 %
- Crime Rate
- 24.00 %Unchanged by 0.00 %
Agent Activity
Marshalls Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Newlyn Centre | Children's Centre Linked Site | 0.67 KM | |
| Newlyn School | Academy Converter | Good | 1.01 KM |
| Alverton Primary School | Academy Converter | Good | 1.45 KM |
| St Mary'S Cofe Primary School, Penzance | Voluntary Aided School | Good | 1.57 KM |
| Mousehole School | Academy Converter | 1.85 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| South Pier | £ 159,500 | 0 | 0.00 KM |
| Higher Gwavas | £ 0 | 0 | 0.00 KM |
| St. Peter's Hill | £ 487,500 | 0 | 0.00 KM |
| Church Street | £ 218,333 | 0 | 0.00 KM |
| Sea View Terrace | £ 570,625 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Penzance | 3526 | PNZ | 2.70 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 4 Higher Green Street, Newlyn, TR18 5LB | £ 240,000 | BUY | 5 / 10 | 0.00 KM |
| Lower Green Street, Newlyn, Penzance, Cornwall | £ 375,000 | BUY | Unknown | 0.03 KM |
| The Bowjey Hill, Newlyn, TR18 5LT | £ 400,000 | BUY | 6 / 10 | 0.03 KM |
| Lower Green Street, Newlyn, Penzance, Cornwall, TR18 | £ 400,000 | BUY | Unknown | 0.04 KM |
| Green Rocks, Newlyn, Penzance, Cornwall | £ 159,500 | BUY | 5 / 10 | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 95 Fore Street | £ 187,000 | 0.00 KM |
| 96 Fore Street | £ 135,000 | 0.00 KM |
| 4 Lower Green Street | £ 56,000 | 0.04 KM |
| 10 Lower Green Street | £ 395,000 | 0.04 KM |
| 2 Lower Green Street | £ 70,000 | 0.04 KM |