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Leskinnick Terrace, Penzance TR18

South West

£200,000
Listed on 13/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
678 sqft

Description

This mid-terrace two-bedroom house presents a prime opportunity for renovation, situated on the outskirts of Penzance. Despite its current need for modernization, the property's layout includes a living room, kitchen, and storage area on the ground floor, with two bedrooms and a bathroom above. The enclosed courtyard at the rear and a front garden enhance its appeal, providing outdoor spaces that can be revitalized. Given its proximity to local amenities including shops, restaurants, and schools—as well as convenient transport links—a thoughtful refurbishment could significantly increase its value. This home is positioned in a charming residential area ideal for those seeking to personalize their living space or explore investment potential.

Investment Analysis

(TR18 area)

Below Market Value

This property is priced -7.3% below area average per sq ft

-7.3%
Potential saving
This Property
£295/sq ft
Area Average
£318/sq ft
Avg Rent (weekly)
£215
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£237,202
10% above area average per sq ft
Potential ROI
-1.2%
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

Leskinnick 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
£721
Based on a loan of £150,000 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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