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Lescudjack Crescent, Penzance, TR18

South West

£595,000
Listed on 28/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1347 sqft

Description

This detached bungalow is positioned to take advantage of stunning views over Mounts Bay and presents an excellent opportunity for renovation. The property currently features three bedrooms, two reception areas, and two bathrooms, all laid out with a versatile arrangement that could adapt well to modern living standards. With no onward chain, the bungalow's next owner can easily start plans for refurbishment straight away. Key highlights include generously sized bi-fold doors leading to a decked balcony area, along with private gardens that wrap around the property, providing ample outdoor space. The interior offers essentials like a utility room and convenient storage options with a mezzanine level. Located within walking distance of local amenities and transport links in Penzance, this property is not only a tranquil retreat but also embraces the chance to enhance its potential significantly through thoughtful updates and improvements. Worth noting are the garage and workshop facilities which further broaden its appeal as a renovation project.

Investment Analysis

(TR18 area)

Above Market Value

This property is priced +39.7% above area average per sq ft

+39.7%
This Property
£442/sq ft
Area Average
£316/sq ft
Avg Rent (weekly)
£220
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£468,365
10% above area average per sq ft
Potential ROI
-28.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TR18)

Area prices are falling by +4.4% over the last 12 months
3 year growth: -4.6%
5 year growth: 17.4%
Investment Disclaimer: Analysis based on TR18 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Lescudjack Crescent, Penzance, TR18
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,180
Based on a loan of £446,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE