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Pendrea Place, Gulval, Penzance, Cornwall, TR18 - Image 1
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Pendrea Place, Gulval, Penzance, Cornwall, TR18

South West

£275,000
Listed on 24/01/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom semi-detached home presents a significant renovation opportunity in the desirable cul-de-sac of Gulval village. Currently configured as a two-bedroom bungalow, the property features an inviting lounge/diner, kitchen, and bathroom on the ground floor, along with a spacious attic that could be adapted for additional living space. The lower ground floor boasts a separately accessed one-bedroom self-contained apartment, featuring an open-plan conservatory/lounge/kitchen/diner, bedroom, and shower room. Both levels benefit from front and rear gardens that require enhancements for optimal appeal, as well as parking options on the drive. Located within proximity to local amenities including schools and shops, this property is ideal for those looking to invest in a home that offers considerable potential for modernization and reconfiguration.

Investment Analysis

(TR18 area)
Area Average
£318/sq ft
Avg Rent (weekly)
£215
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (TR18)

Area prices are falling by -3.7% over the last 12 months
3 year growth: -4.3%
5 year growth: +18.0%
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

Pendrea Place, Gulval, Penzance, Cornwall, TR18
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£992
Based on a loan of £206,250 over 30 years at 4.06% 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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