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Manor Way, Heamoor, Penzance, Cornwall, TR18 - Image 1
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Manor Way, Heamoor, Penzance, Cornwall, TR18 - Image 3
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Manor Way, Heamoor, Penzance, Cornwall, TR18 - Image 10
Manor Way, Heamoor, Penzance, Cornwall, TR18 - Image 11

Manor Way, Heamoor, Penzance, Cornwall, TR18

South West

£270,000
Listed on 28/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
876 sqft

Description

This well-maintained three-bedroom terraced house presents an excellent opportunity for first-time buyers or investors looking to capitalize on a promising property. Conveniently located between Penzance and Heamoor, it features a generously sized lounge and a fitted kitchen diner with plenty of cabinetry and workspace, offering direct access to the rear garden. The first floor hosts three comfortable bedrooms alongside a family bathroom equipped with both a bath and shower. While the home has been kept in great condition over the years, it is now ripe for modernization, making it an ideal project for those looking to enhance its value. The exterior boasts a small enclosed front garden as well as a larger rear garden primarily laid to lawn—perfect for entertaining outdoors in warmer weather.

Investment Analysis

(TR18 area)

Below Market Value

This property is priced -3.1% below area average per sq ft

-3.1%
Potential saving
This Property
£308/sq ft
Area Average
£318/sq ft
Avg Rent (weekly)
£215
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£306,473
10% above area average per sq ft
Potential ROI
+3.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Manor Way, Heamoor, 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
£974
Based on a loan of £202,500 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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