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29 Chywoone Avenue, Newlyn, Penzance, Cornwall, TR18 5NH - Image 1
29 Chywoone Avenue, Newlyn, Penzance, Cornwall, TR18 5NH - Image 2
29 Chywoone Avenue, Newlyn, Penzance, Cornwall, TR18 5NH - Image 3

29 Chywoone Avenue, Newlyn, Penzance, Cornwall, TR18 5NH

South West

£75,000

Listed on 03/10/2026

The listing

Property details

Bedrooms
2
Type
Terraced

Description

This two-bedroom mid-terrace house offers a fantastic opportunity for renovation in a well-situated area of Newlyn, near Penzance. The property features both front and rear gardens, providing outdoor space that can be transformed. Internally, the house is in need of modernisation, making it an ideal project for investors or first-time buyers looking to create their dream home. The property is vacant and ready for immediate possession, allowing for quick renovations. Local amenities, schools, and recreational facilities are within easy reach, enhancing its appeal. Offered at auction, this property presents a unique chance to invest in a desirable location along the Cornish coastline.

WHOTS analysis

Our WHOTS verdict

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

47out of 100
Grade ELow opportunity

Confidence: LOW

This two-bedroom mid-terrace house in Newlyn presents a solid renovation project, with significant scope for improvement across its dated interiors. The property is in need of modernisation, with general wear and tear evident throughout, particularly in the living areas and kitchen, where worn cabinets and stained flooring can be found. The front and rear gardens offer potential for outdoor enhancements, contributing to the overall value of the home once refurbished.

While the asking price of £75,000 is neutral against local averages, the absence of a usable floor area prevents a clear valuation per square foot, leaving room for potential gains post-renovation. Given the medium scale of the project, with renovation estimates ranging from £50,000 to £100,000, this property could transform into a desirable home, especially considering its convenient location near Penzance amenities and coastal access. Buyers should be prepared for the significant refurbishment required, but the opportunities for personalization and value creation make this an intriguing prospect.

Key opportunities

  • Significant refurbishment potential throughout the dated interiors.
  • Opportunity to enhance the front and rear gardens for outdoor living.
  • Well-located near amenities and coastal access, which adds long-term value.

Key risks

None recorded.

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Map

Location

29 Chywoone Avenue, Newlyn, Penzance, Cornwall, TR18 5NH
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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
£283
Based on a loan of £56,250 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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