Lower Gurnick Road, Newlyn, Penzance, Cornwall, TR18
South West
£260,000
Listed on 03/09/2026
Listed on 03/09/2026
The listing
Property details
Bedrooms
2Type
BungalowArea
1541 sqftFeatures
- Garage
- Garden
Description
A two-bedroom dormer bungalow in the Lower Gurnick Estate, within walking distance of Newlyn's shops, cafes, bars and harbour. The ground floor is arranged with a living room, kitchen, conservatory, utility room, bathroom and two bedrooms. A garage and basement provide additional storage or workspace, subject to inspection.
There is also attic space on the first floor, which the agent describes as having potential for conversion. Any proposed changes would need appropriate checks and permissions. Gardens are located at the front and rear. The property is offered as a renovation project, with its existing layout and additional spaces providing scope for a purchaser to assess and plan improvements.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
73out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £260,000, this detached dormer bungalow is priced at £169 per sq ft against a local average of £309 — a substantial discount that makes it an appealing opportunity to acquire and add value. In Newlyn, it has a driveway, garage and basement, plus a usable attic space with stated conversion potential to investigate.
The interiors, conservatory and garden show a heavy, multi-area project: dated kitchen and bathroom finishes, marks and staining in several areas, and an overgrown rear garden. The visible roof and exterior render appear generally intact, leaving scope to rework the home and its outdoor space without obvious major exterior failure in the photos.
Key opportunities
- Rework the dated interior finishes across the living areas and create a more cohesive home, with the kitchen and bathroom offering clear scope for improvement.
- Make better use of the attic space: stairs and roof windows are shown, and the listing notes conversion potential, subject to checking feasibility and permissions.
- Restore the overgrown rear garden and make use of the conservatory, driveway, garage and basement as part of a broader improvement plan.
Key risks
- Stripped-back finishes and staining across several areas, together with the worn conservatory and basement/garage, make this a substantial multi-area programme rather than a cosmetic refresh; allow for time and coordination across the work.
- Staining in several areas, including a bedroom, conservatory and basement/garage, warrants investigation to establish the cause and any remedial work.
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Transport
Nearest stations
Penzance Rail Station
1.4 miles
Train · Penzance
St Erth Rail Station
6.6 miles
Train · St Erth
Lelant Saltings Rail Station
7.1 miles
Train · Lelant
Carbis Bay Rail Station
7.5 miles
Train · Carbis Bay
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£1,062
Based on a loan of £195,000 over 30 years at 5.13% 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.
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