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Manor Place, Heamoor, Penzance, Cornwall, TR18 - Image 1
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Manor Place, Heamoor, Penzance, Cornwall, TR18 - Image 3
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Manor Place, Heamoor, Penzance, Cornwall, TR18 - Image 5
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Manor Place, Heamoor, Penzance, Cornwall, TR18 - Image 7
Manor Place, Heamoor, Penzance, Cornwall, TR18 - Image 8
Manor Place, Heamoor, Penzance, Cornwall, TR18 - Image 9
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Manor Place, Heamoor, Penzance, Cornwall, TR18

South West

£325,000
Listed on 01/05/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
962 sqft

Description

Nestled within the sought-after neighbourhood of Heamoor, this two-bedroom semi-detached bungalow is set on a spacious plot and presents an excellent opportunity for investment. Offered with no onward chain, this property features a cozy lounge, a separate dining area, and a fitted kitchen, along with a conservatory that enhances the living space and floods it with natural light. While the bungalow has been well-maintained throughout its years, it is now in need of modernisation, providing prospective buyers a chance to infuse their own style and preferences into the home. The expansive garden offers ample space for gardening or entertaining guests, as well as potential for extension (subject to necessary approvals). Additional conveniences include a private driveway and garage, making this property an attractive proposition for those looking to make their mark.

Investment Analysis

(TR18 area)

Above Market Value

This property is priced +7.3% above area average per sq ft

+7.3%
This Property
£338/sq ft
Area Average
£315/sq ft
Avg Rent (weekly)
£217
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£333,333
10% above area average per sq ft
Potential ROI
-6.1%
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

Manor Place, Heamoor, 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
£1,159
Based on a loan of £243,750 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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