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Daniel Place, Penzance, Cornwall, TR18

South West

£75,000
Listed on 28/04/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This mid-terraced two to three-bedroom property in the sought-after seaside town of Penzance presents a promising renovation opportunity. The layout features a ground floor with an open-plan lounge, kitchen, and dining area, along with a rear lobby and a shower room. The first floor hosts two generously sized bedrooms, while a loft room offers additional versatile space. An enclosed courtyard garden adds potential for outdoor enjoyment. Located just off the Promenade and within walking distance to local amenities such as Morab Gardens and the vibrant town center, the property is well-positioned for both residential living and potential investment returns. Given its need for refurbishment, this property holds substantial promise for buyers looking to create their ideal home or maximize rental income.

Investment Analysis

(TR18 area)
Area Average
£316/sq ft
Avg Rent (weekly)
£215
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TR18)

Area prices are stable by -0.3% over the last 12 months
3 year growth: -2.4%
5 year growth: +20.7%
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

Daniel Place, Penzance, Cornwall, TR18
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£266
Based on a loan of £56,250 over 30 years at 3.91% 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.

Stamp Duty Calculator

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