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Lescudjack Crescent, Penzance, TR18

South West

£575,000
Listed on 28/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1347 sqft

Description

This detached bungalow is perched in an elevated position, providing stunning views over Mounts Bay. While the property is currently in need of modernisation, it offers considerable renovation potential for those looking to invest. Comprising three bedrooms, two reception rooms, and two bathrooms, the layout presents versatility ideal for reconfiguration or enhancement. The property features bi-fold doors leading to a decked balcony area and secluded gardens at both the front and back, perfect for outdoor living. Additional amenities include a garage and workshop that could be transformed into useful spaces or storage solutions. The mezzanine level adds an extra dimension of storage capacity. Located within walking distance to schools, public transportation, and amenities in Penzance, this bungalow embodies both charm and opportunity in the sought-after South West region.

Investment Analysis

(TR18 area)

Above Market Value

This property is priced +34.2% above area average per sq ft

+34.2%
This Property
£427/sq ft
Area Average
£318/sq ft
Avg Rent (weekly)
£215
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£471,255
10% above area average per sq ft
Potential ROI
-25.8%
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

Lescudjack Crescent, 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
£2,074
Based on a loan of £431,250 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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