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Forbes Close, Newlyn, TR18 - Image 1
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Forbes Close, Newlyn, TR18

South West

£185,000

Listed on 10/09/2026

The listing

Property details

Bedrooms
3
Type
Terraced
Area
859 sqft

Features

  • Garage
  • Garden

Description

This chain-free three-bedroom terraced house in a residential close in Newlyn offers around 860 sq. ft. of accommodation and is described as requiring renovation and modernisation. The ground floor has an entrance porch and hall, a generous living room with understairs storage, and a kitchen/diner with a door to the rear garden. Upstairs are two double bedrooms, a single bedroom and a family bathroom. There are lawned gardens at the front and rear. The rear garden includes established shrubs, a shed and access to a rear lane, while a separate garage in a nearby block is also included. The property has an electric night storage heater noted in the living room, mains water and drainage, and a C-rated EPC. Newlyn has local shops and services, including cafes, restaurants, pubs, a primary school, a doctors' surgery and a chemist, as well as galleries and a private cinema.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

75out of 100
Grade BGood opportunity

Confidence: MEDIUM

At £185,000, this three-bedroom Newlyn terrace is priced well below the local average per square foot, making the asking price a genuine acquisition opportunity. The interior is dated but the visible work looks light and largely cosmetic: refresh the decoration and flooring, then decide how far to update the usable kitchen and older bathroom. The maintained front and rear gardens, separate garage and generally intact-looking exterior add useful appeal, while the C-rated EPC is a further plus.

Dark staining is visible near the base of a bedroom wall, though its cause is not evident. Overall, this is a well-priced project for someone looking to personalise a family home without taking on an obviously major structural job.

Key opportunities

  • Refresh the dated decoration and floor coverings to give the living room and bedrooms a more current feel.
  • Make the most of the usable kitchen and older bathroom with a considered cosmetic update.
  • The maintained front and rear gardens and separate garage add practical appeal to a three-bedroom home.

Key risks

  • Dark staining is visible at the base of a bedroom wall; investigate the cause before deciding on the appropriate repair.

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Map

Location

Forbes Close, Newlyn, TR18
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Transport

Nearest stations

  • Penzance Rail Station

    1.9 miles

    Train · Penzance

  • St Erth Rail Station

    7.0 miles

    Train · St Erth

  • Lelant Saltings Rail Station

    7.5 miles

    Train · Lelant

  • Lelant Rail Station

    7.9 miles

    Train · Lelant

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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£699
Based on a loan of £138,750 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

Pricing

Price history

-17.8% since listed
£185,000£10,000(-5.1%)
26/10/2026
Current price
£195,000£15,000(-7.1%)
16/10/2026
£210,000£15,000(-6.7%)
02/10/2026
£225,000Initial listing
10/09/2026

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