
Sign InSign Up
South West
£230,000
Listed on 30/09/2026
Listed on 30/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This three-bedroom semi-detached home in Penzance presents a compelling opportunity for buyers seeking a renovation project. The asking price of £230,000 is notably cheap compared to the local average of £309/sqf, making this a strong entry point for those looking to acquire and improve a property. The flexible living space offers potential to create a home tailored to personal tastes, with an enclosed garden ripe for landscaping.
However, the property requires significant refurbishment throughout, with dated interiors and visible wear across all rooms. The combined all-in cost of £310,000, including the renovation range of £40,000–£120,000, stretches the budget against local benchmarks for this floor area, presenting a challenge for potential margins. While the location and fundamentals are strong, buyers should be aware of the economic constraints when considering this home as an investment.
Sign up to see the refurb profile, below-market value, yields, and local market trends for this and every other property that has them.
Sign up freeAlready have an account? Sign in
Create an alert and we'll notify you when similar renovation opportunities are listed.
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.
Services
Explore services to help you with this property purchase.
Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.
Nearby
Other listings you may want to compare.