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1 Pendrea Place, Gulval, Penzance, Cornwall, TR18 3NE - Image 1
1 Pendrea Place, Gulval, Penzance, Cornwall, TR18 3NE - Image 2
1 Pendrea Place, Gulval, Penzance, Cornwall, TR18 3NE - Image 3
1 Pendrea Place, Gulval, Penzance, Cornwall, TR18 3NE - Image 4
1 Pendrea Place, Gulval, Penzance, Cornwall, TR18 3NE - Image 5
1 Pendrea Place, Gulval, Penzance, Cornwall, TR18 3NE - Image 6

1 Pendrea Place, Gulval, Penzance, Cornwall, TR18 3NE

South West

£195,000
Listed on 20/03/2026

Property Details

Bedrooms
3
Type
Semi Detached Bungalow

Description

This three-bedroom semi-detached property in the desirable cul-de-sac of Gulval village presents a promising investment opportunity for renovation enthusiasts. Currently configured as a two-bedroom bungalow on the ground floor, it features a lounge/diner, kitchen, and bathroom. Additionally, the lower ground floor hosts a separately accessed one-bedroom self-contained apartment that includes an open plan conservatory/lounge/kitchen/diner, bedroom, and shower room. Both front and rear gardens enhance the appeal of this property, along with off-road parking. Given its location near local amenities such as schools, shops, and access to sandy beaches, there is significant potential for modernisation to either create a family home or enhance rental income from the apartment. With some thoughtful updates and refurbishments, this property could be transformed into a stylish residence in a sought-after area.

Investment Analysis

(TR18 area)
Area Average
£321/sq ft
Avg Rent (weekly)
£236
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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 stable by +1.1% over the last 12 months
3 year growth: +0.6%
5 year growth: +22.0%
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

1 Pendrea Place, Gulval, Penzance, Cornwall, TR18 3NE
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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
£703
Based on a loan of £146,250 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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