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Rose Terrace, Rosevean Road, Penzance, TR18 - Image 1
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Rose Terrace, Rosevean Road, Penzance, TR18

South West

£215,000
Listed on 10/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
638 sqft

Description

This charming terraced house from the 1930s showcases spacious interiors and a wealth of original features, providing a canvas for those looking to invest in renovation. The property has benefitted from a new roof and boiler, ensuring essential elements are in good condition. Inside, you'll find delightful touches such as Bakelite door handles, vintage flooring, and classic fireplaces that contribute to its period character. The ground floor includes a living room, separate dining area, and a functional kitchen that could be reimagined for modern living. Upstairs offers three bedrooms—one suitable as a nursery or office—and a family bathroom. A private courtyard at the rear presents an opportunity for outdoor enhancements or low-maintenance gardening. While the property requires cosmetic updates throughout, this makes it an ideal prospect for buyers eager to enhance value while maintaining its historical charm. Situated within walking distance of local amenities in Penzance and surrounded by scenic coastal towns, this home offers both convenience and potential.

Investment Analysis

(TR18 area)

Above Market Value

This property is priced +6.2% above area average per sq ft

+6.2%
This Property
£337/sq ft
Area Average
£317/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£222,611
10% above area average per sq ft
Potential ROI
-7.2%
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
12%
Properties sold annually

Local Market Trend (TR18)

Area prices are falling by +5.9% over the last 12 months
3 year growth: -5.5%
5 year growth: 16.2%
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

Rose Terrace, Rosevean Road, Penzance, TR18
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£788
Based on a loan of £161,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE