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Higher Lariggan, Penzance - Generously proportioned - Image 1
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Higher Lariggan, Penzance - Generously proportioned

South West

£475,000

Listed on 02/07/2026

Property details

Bedrooms
3
Type
House

Description

This three-bedroom detached property in Penzance is situated in an appealing location that offers both tranquility and accessibility. The home features a spacious dual-aspect lounge, a separate dining room, and a kitchen with an adjoining utility area, creating a practical layout that is ready for modern enhancements. Although the interiors reflect elements of traditional charm, they would benefit from modernization to align with contemporary tastes and improve functionality. Potential buyers can explore opportunities to personalize the space and maximize its full potential. Natural light floods through the windows, providing pleasant views of the surrounding area, including glimpses of Wherrytown sea and local greenery. The wraparound gardens offer three distinct areas including lawns and mature planting, complemented by a summerhouse and greenhouse for gardening enthusiasts. Set within a community-oriented enclave, this residence is conveniently located close to amenities in both Newlyn and Penzance, enhancing its investment appeal for those seeking a property with renovation possibilities.

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Investment analysis

(TR18 area)
Area Average
£309/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.8%

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
17
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TR18)

Area prices are rising by +4.9% over the last 12 months
3 year growth: -0.6%
5 year growth: +18.9%
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

Higher Lariggan, Penzance - Generously proportioned
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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
£1,794
Based on a loan of £356,250 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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