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Bosvenna Way, Penzance, Cornwall, TR18

South West

£385,000
Listed on 29/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
1256 sqft

Description

This spacious three-bedroom detached bungalow is situated on a substantial plot in the desirable area of Heamoor. While the property has been well-maintained over the years, it presents an excellent opportunity for modernisation to enhance its appeal and functionality. The absence of an onward chain makes this a hassle-free purchase. The interior comprises a fitted kitchen, a generously sized lounge diner, three double bedrooms, and a family bathroom, all offering ample space for potential upgrades. Outside, the expansive garden predominantly features lawned areas that wrap around the home, complemented by a driveway accommodating multiple vehicles and a garage accessible via an up-and-over door. The sizeable plot also provides opportunities for extension or further development, provided that necessary planning permissions are secured. With good mobile connectivity reported from major providers, this property is ideally positioned to be transformed into a modern family haven.

Investment Analysis

(TR18 area)

Below Market Value

This property is priced -2.7% below area average per sq ft

-2.7%
Potential saving
This Property
£307/sq ft
Area Average
£315/sq ft
Avg Rent (weekly)
£217
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£435,204
10% above area average per sq ft
Potential ROI
+2.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TR18)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -3.1%
5 year growth: +18.6%
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

Bosvenna Way, Penzance, Cornwall, TR18
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,374
Based on a loan of £288,750 over 30 years at 3.97% 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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