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Marazion, TR17

South West

£260,000

Listed on 23/09/2026

The listing

Property details

Bedrooms
3
Type
Terraced
Area
1126 sqft

Description

This three-bedroom mid-terrace cottage is offered to the market with no onward chain and is ideally located just a short distance from the town centre and sandy beaches of Marazion. While the property has seen some limited improvements, it requires modernisation throughout, presenting a great opportunity for those looking to add their personal touch. The accommodation includes a kitchen/dining room, a spacious sitting room, and a lean-to utility on the ground floor. The first floor features three bedrooms, a dressing room, and a bathroom. Externally, there is a small courtyard that offers a high degree of privacy, making it an inviting space for outdoor relaxation. Marazion is a charming town characterized by its picturesque streets and the iconic St Michaels Mount. It boasts a variety of local shops, restaurants, galleries, and essential services such as a post office and health centre. With its proximity to Penzance, which is approximately five miles away, this property is well-placed for both local amenities and transport links.

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

This three-bedroom mid-terrace cottage in Marazion presents an exciting opportunity for those looking to invest in a property that requires modernisation throughout. With an asking price of £260,000, which equates to just £231 per square foot, this listing is significantly below the local average of £410 per square foot, making it an appealing acquisition for savvy buyers.

While the property is dated and shows signs of wear across various rooms, including the kitchen and bathroom, this presents a blank canvas for renovations. The medium-scale project allows for a renovation budget of £40,000 to £120,000, enabling new owners to truly make the space their own. The charm of Marazion, with its proximity to sandy beaches and local amenities, adds further value to this investment. Additionally, the absence of a chain simplifies the purchasing process, making it an attractive prospect for those ready to roll up their sleeves and transform this cottage into a modern home.

Key opportunities

  • Significantly below local average price per square foot offers immediate equity potential.
  • Scope for a comprehensive refurbishment to modernise the dated interiors.
  • No onward chain simplifies the purchasing process.

Key risks

  • General signs of wear and required modernisation throughout.
  • Potential damp issues noted in several rooms.
  • Medium-scale project may require careful budgeting and planning.

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Map

Location

Marazion, TR17
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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
£982
Based on a loan of £195,000 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

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

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