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23 The Fradgan, Newlyn, Penzance, Cornwall, TR18 5BE - Image 1

23 The Fradgan, Newlyn, Penzance, Cornwall, TR18 5BE

South West

£140,000
Listed on 27/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom end of terrace cottage is nestled in the vibrant fishing village of Newlyn, just a stone's throw from the harbour. The property has undergone recent re-roofing and some internal repairs, presenting an excellent opportunity for renovation tailored to your personal style. With a practical rear courtyard garden and an open plan lounge/kitchen/diner on the ground floor, along with three bedrooms on the first floor, it offers a flexible layout for modern living. The location benefits from being close to local amenities including cafes, restaurants, galleries, and the larger town of Penzance nearby. This property is a blank canvas awaiting your creative vision.

Investment Analysis

(TR18 area)
Area Average
£316/sq ft
Avg Rent (weekly)
£220
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

23 The Fradgan, Newlyn, Penzance, Cornwall, TR18 5BE
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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
£513
Based on a loan of £105,000 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