1 bed (for sale) Porthmeor Road, St. Ives, Cornwall TR26

£930,000
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Knight Frank - Exeter Sales
19 Southernhay East, Exeter
01392 976011
First Published

28th Mar 2021

Last Published

6th Jul 2021

 

Features

  • Type:
  • Bedrooms: 1
  • Listing status: sale
  • Country: England

Description

Flat 1, Lower Saltings is the most idyllic and quintessential waterfront home situated in an outstanding beachside setting on the famous Porthmeor Beach in the heart of St Ives. This ground floor apartment has been designed and renovated to an exceptionally high standard and is situated in a frontline, prime waterfront position with breath-taking, panoramic coastal views overlooking Porthmeor Beach and out to sea. This immaculate apartment is currently rented out for short holiday lets. The property is approached off Porthmeor Road with the access for vehicles off the slipway through a double garage door. This leads through to an inner, protected courtyard off which is a private parking bay for one vehicle allocated and owned by 1 Lower Saltings.
The front door leads onto a corridor off which are the double bedroom, shower room and open plan kitchen living room. The bedroom has a built-in wardrobe, a smart TV and also a large full-length mirror. The shower room has a walkin shower with a quartz stone surround. The open plan kitchen/living room/dining room has a stunning arched window as the centrepiece overlooking the beach. The kitchen has quartz work surface, built-in fridge and freezer, induction hobs and electric oven, dishwasher and washing machine. It also houses the gas boiler (off mains gas). Within the sitting room area is a large leather sofa which doubles up as a bed thus providing accommodation for up to four individuals. The sitting room also has a smart TV.

Investment/Holiday Rental
The property generates a rental income with a net profit of around £40,000 in a normal year of trading. The current owners are strict with their bookings

The property lies within easy walking distance of the St Ives Harbour and all the shops and galleries including the Tate Gallery. The clarity of light, sandy beaches and turquoise waters of St Ives have attracted artists and those seeking an outstanding quality of life since the 19th century. Centred on a working harbour, the winding cobbled streets that were once the homes and inns of sailors and fishermen are now vibrant with restaurants, pubs and cafes; showcasing Cornwall's fabulous delicacies. The cliff top walks to the west of St Ives are exhilarating while boutiques and galleries provide a more tranquil afternoon. Most notably, the town is now also home to the landmark Tate Gallery, the famous Barbara Hepworth Museum and the Bernard Leach Pottery. There is excellent surfing at both Porthmeor Beach and at St Ives Bay. These are two of the most sheltered beaches in the area, ideal for swimming and more leisurely water sports.
The South West Coast Path links Carbis Bay Beach and the rail station to Porthminster Beach in St Ives which is home to the award winning Porthminster Beach Café.
Overlooking the Hayle Estuary at nearby Lelant (2.5 miles), there is a spectacular links golf course with views stretching up towards Godrevy Lighthouse. A branch railway line links St Ives to the main Penzance to Paddington line at St Erth (5.5 miles) with trains from there taking about 5 hours to reach London. Newquay Airport is about 40 miles away and offers daily flights to London Stansted, London Gatwick and a growing number of cities across the UK.
Recent and on-going improvements to the main A30 Trunk Road now provide fast access to the M5 motorway network at Exeter.
The towns of both St Ives and Carbis Bay are well served with doctors, dentists, professional services, shopping including supermarkets, a leisure centre and schooling. There are many cafés, bars and restaurants around St Ives harbour and the area is renowned for its artist community with plenty of galleries.

 

Local info for TR26

Floor plan

 

Property Value Data/Graphs for TR26

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Flat 31.5% £344,811 2 1.2
Detached house 21.6% £569,993 3.7 1.6
Terraced house 12.6% £415,634 3.3 1.6
Semi-detached house 5.9% £415,615 3 1.3
Maisonette 5.4% £304,167 2.3 1.4
Cottage 3.6% £305,000 2 0.9
Land 3.6% £354,375 1.6 1.3
Bungalow 3.2% £497,857 3 1
Detached bungalow 3.2% £420,707 2.7 1.3
Other 2.3% £338,990 1 0.4
End terrace house 1.8% £269,500 2.3 0.8
Mobile/park home 0.9% £62,475 2 1
Barn conversion 0.9% £337,250 4 2.5
Town house 0.9% £735,000 3 3
Semi-detached bungalow 0.9% £337,500 2.5 0.5
Link-detached house 0.5% £600,000 5 0
Farm 0.5% £1,000,000 0 0
Country house 0.5% £1,000,000 4 1
Parking/garage 0.5% £30,000 0 0

Area Information

Average Price Paid

£346,075

Sales

1673

Current Average Value

£415,493

Value Change

£69,418 20.1%

 

Current Asking Prices in TR26 Average: £415,493

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses £186,250 (4) £338,917 (26) £424,830 (48) £568,628 (25) £673,173 (11)
Flats £214,553 (18) £358,170 (46) £419,647 (17) £315,000 (1) -
All £209,407 (22) £351,217 (72) £423,475 (65) £554,311 (28) £635,825 (12)

Nearby Properties

4 bed End terrace house () Trelyon Avenue, St. Ives TR26 £1,850,000
4 bed Detached house () Pendeen, Penzance, Cornwall TR19 £1,850,000
9 bed Flat () Promenade, Penzance TR18 £1,800,000
3 bed Detached house () Wheal Margery, Carbis Bay, St. Ives, Cornwall TR26 £1,750,000
6 bed Detached house () Barnoon, St. Ives TR26 £1,600,000
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