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Cockwells, Penzance, TR20

South West

£429,950

Listed on 30/05/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
1082 sqft

Description

This distinctive reverse-level barn conversion is nestled within a tranquil setting that once served as a farm, providing ample opportunities for modernization and expansion. Goose Barn features two bedrooms and a shower room conveniently located on the ground floor, while the first floor boasts an expansive open-plan living area designed to optimize the delightful rural views. The property includes a charming private rear garden, elongated in shape, with direct access to scenic footpaths that are perfect for countryside strolls. At the front, you'll find a modest garden space alongside two dedicated parking spots. Notably, Goose Barn comes with two outbuildings: Barn One is ideal for use as a workshop or utility space, and Barn Two holds planning permission for conversion into residential use, offering substantial potential for further accommodation or development. Positioned in a peaceful locale, this property presents an excellent opportunity for buyers interested in a character-filled rural lifestyle with significant investment possibilities.

Investment Analysis

(TR20 area)

Above Market Value

This property is priced +12.9% above area average per sq ft

+12.9%
This Property
£397/sq ft
Area Average
£352/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£418,950
10% above area average per sq ft
Potential ROI
-14.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (TR20)

Area prices are rising by +17.0% over the last 12 months
3 year growth: +9.0%
5 year growth: +20.1%
Investment Disclaimer: Analysis based on TR20 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

Cockwells, Penzance, TR20
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,624
Based on a loan of £322,462 over 30 years at 4.45% 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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