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Lidden Road, Penzance, TR18

South West

£850,000
Listed on 04/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
2826 sqft

Description

This 1920s residence, positioned at a desirable corner location on Lidden Road and Donnington Road in a prestigious postcode, offers remarkable potential for renovation and value enhancement. The property features spacious and proportioned rooms infused with character, making it an ideal candidate for modernization. The ground floor accommodates versatile living spaces including a sizeable living room with bay windows displaying stunning views of the garden and sea, a formal dining room, and a kitchen that opens to a bright sunroom. The utility room and multiple W/Cs provide additional practicality. The first floor presents an impressive principal bedroom with en-suite facilities alongside three further bedrooms, all benefiting from magnificent front-facing sea views. A family shower room is also available to service these bedrooms. Outdoors, the property boasts a gated driveway with ample parking space and a detached garage. Notably, the expansive gardens provide both privacy and scenic coastal vistas—an exceptional feature that enhances the property's appeal. While the home is clean and liveable, it would significantly benefit from modern updates across various areas, creating an exciting opportunity for buyers to personalize it while possibly increasing its value in this sought-after location. The area is well-connected with local amenities within walking distance including schools and transport links to nearby towns.

Investment Analysis

(TR18 area)

Below Market Value

This property is priced -4.5% below area average per sq ft

-4.5%
Potential saving
This Property
£301/sq ft
Area Average
£315/sq ft
Avg Rent (weekly)
£217
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£979,209
10% above area average per sq ft
Potential ROI
+4.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Lidden Road, Penzance, 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
£3,033
Based on a loan of £637,500 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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