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Faugan Road, PENZANCE, Cornwall, TR18 - Image 1
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Faugan Road, PENZANCE, Cornwall, TR18

South West

£270,000

Listed on 17/07/2026

Property details

Bedrooms
2
Type
Semi Detached
Area
1001 sqft

Description

This semi-detached property not only boasts stunning sea views over Newlyn but also offers incredible renovation potential within one of West Cornwall's most desirable coastal communities. The layout currently features adaptable accommodation options with 2 to 3 bedrooms and 1 to 2 reception rooms, making it perfectly suited for various buyers—whether you're a family in need of extra space, a first-time buyer looking to personalize your home, or someone downsizing who still desires versatility. While the home has been well-maintained and is ready for immediate enjoyment, it presents exciting opportunities for modern updates and personal touches. The outdoor spaces include well-kept gardens that serve as an inviting extension of the living area—ideal for tranquil mornings, social gatherings, or simply soaking up the coastal atmosphere. Additionally, a garage en-bloc provides essential storage or parking options. Located on Faugan Road, you can take full advantage of Newlyn's unique charm with its vibrant arts scene and excellent selection of local eateries and shops. The nearby coastlines offer plenty of leisure activities such as walking and swimming, all while being close to Penzance’s broader amenities. With its panoramic views and promising scope for improvement, this property encourages you to envision your dream coastal lifestyle.

Investment analysis

(TR18 area)

Below Market Value

This property is priced -12.8% below area average per sq ft

-12.8%
Potential saving
This Property
£270/sq ft
Area Average
£309/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£340,680
10% above area average per sq ft
Potential ROI
+9.9%
After renovation
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

Faugan Road, PENZANCE, Cornwall, TR18
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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
£1,020
Based on a loan of £202,500 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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