Summary - 3 Pelennor Flats, 2 Porthminster Terrace TR26 2DQ
2 bed 1 bath Flat
Compact two-bedroom flat ideal for downsizers wanting harbour-side convenience.
• Southerly-facing top-floor flat with harbour views
• Chain free sale with vacant possession
• Long lease remaining (981 years)
• Compact size ~323 sq ft; limited living space
• One bathroom; second bedroom is a single
• Electric storage heaters; potential high running costs
• Timber-frame construction assumed without insulation; needs upgrading
• Above-average local crime and higher area deprivation
A compact two-bedroom, top-floor apartment in the heart of St Ives, offered chain free with vacant possession. The sitting room has southerly aspects and framed harbour views, and the flat includes an off-street parking space — a valuable convenience in the town centre. The long lease (981 years) provides clear tenure security for buyers.
The property is small (approximately 323 sq ft) and best suited to downsizers, first-time buyers, or an investor seeking short-term holiday-let potential. Heating is via electric storage heaters and the building’s timber-frame construction is understood to have no insulation as built; upgrading insulation and heating could improve comfort and running costs. The accommodation includes one shower room and two bedrooms, one of which is a single.
Location is a strong selling point: immediate access to shops, eateries, galleries and public transport, plus nearby schools. Note the local context — classified as ageing urban communities with above-average crime levels and higher area deprivation; buyers should factor local management, safety measures and potential rental demand into their plans.
Overall this is a convenient, characterful pied-à-terre or renovation/investment opportunity in a prime St Ives spot. The flat requires some modernisation to improve energy efficiency and living comfort, but the combination of sea-facing outlook, central location and long lease creates clear potential.
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