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Goldsithney, Penzance TR20

South West

£170,000
Listed on 17/02/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
570 sqft

Description

This two-bedroom semi-detached bungalow, located in the tranquil village of Goldsithney, presents a unique opportunity for investors or buyers interested in renovation projects. Positioned at the end of a residential cul-de-sac, the property is being sold with no onward chain and features essential uPVC double glazing throughout. While it requires modernisation, the layout includes a living room, kitchen, wet room, and two bedrooms that allow for creative reconfiguration or upgrading to enhance living space. The garden areas at both the front and rear offer potential for landscaping and outdoor improvements. Heating is provided by an oil-fired central heating system. It's important to note that prospective buyers must have lived or worked in Cornwall for at least three consecutive years due to a Section 157 clause. With local amenities including shops and public houses nearby and good access to Penzance just six miles away, this property promises significant investment potential in a desirable location.

Investment Analysis

(TR20 area)

Below Market Value

This property is priced -15.2% below area average per sq ft

-15.2%
Potential saving
This Property
£298/sq ft
Area Average
£352/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£220,422
10% above area average per sq ft
Potential ROI
+13.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (TR20)

Area prices are rising by +3.9% over the last 12 months
3 year growth: -3.4%
5 year growth: +20.2%
Investment Disclaimer: Analysis based on TR20 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

Goldsithney, Penzance TR20
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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
£613
Based on a loan of £127,500 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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