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Bullock Market Terrace, Penzance TR18 - Image 1
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Bullock Market Terrace, Penzance TR18

South West

£235,000
Listed on 13/02/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terraced cottage presents a compelling opportunity for renovation in the heart of Penzance. Tucked away in a serene terrace yet just minutes from the vibrant town centre, this property offers both charm and potential. While it requires modernisation, many original features remain intact, giving character to the space. The south-facing garden promises privacy and tranquility, ideal for outdoor enjoyment after improvements are made. The layout includes a conservatory, a sitting room with a fireplace, and a kitchen/dining area on the ground floor, alongside two spacious bedrooms upstairs. With properties in this area being highly sought after, an investment here could yield significant returns post-renovation. The location is well-served by local amenities and transport links, enhancing its appeal as either a home or rental prospect.

Investment Analysis

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

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
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

Bullock Market Terrace, Penzance 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
£848
Based on a loan of £176,250 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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