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Coulsons Place, Penzance

South West

£250,000
Listed on 28/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
1167 sqft

Description

This property in Penzance offers an excellent opportunity for those looking to invest in a prime location, nestled conveniently between the charming Victorian Morrab Gardens and the scenic seafront. Featuring two spacious double bedrooms, this home provides ample accommodation for families or guests. The front garden holds potential for creating a personal escape, while the rear courtyard can serve as a tranquil outdoor retreat for relaxation or entertaining. Although the property is in need of renovation, this allows future owners to tailor it to their taste and lifestyle. By applying some creativity and effort, you can revitalize this space into a truly desirable residence that mirrors your vision. Ideal for first-time buyers, investors, or those considering downsizing, this property stands as a unique find in the heart of this lovely coastal town.

Investment Analysis

(TR18 area)

Below Market Value

This property is priced -32.2% below area average per sq ft

-32.2%
Potential saving
This Property
£214/sq ft
Area Average
£316/sq ft
Avg Rent (weekly)
£220
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£405,778
10% above area average per sq ft
Potential ROI
+39.9%
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

Coulsons Place, Penzance
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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
£916
Based on a loan of £187,500 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.

Next Steps

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