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South West
£100,000
Listed on 19/09/2026
Listed on 19/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This one-bedroom ground floor apartment in Penzance presents a notable opportunity for first-time buyers or investors looking for a project. While the property requires significant modernisation throughout, the asking price of £100,000 is attractively positioned below the local average of £282,883, making it a reasonably priced entry point for those willing to undertake the necessary updates and improvements.
The apartment features a private rear garden and a functional layout that includes a living room, kitchen, and shower room, all of which offer scope for personalisation. The dated interiors, including the kitchen and bathroom, provide a blank canvas for creative renovation, which could enhance both the comfort and value of the home. Given the potential for appreciation in this thriving area of West Cornwall, this property could be transformed into a charming residence with some investment and vision.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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
Indicative tax based on the asking price and the options you select.
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