29 Chywoone Avenue, Newlyn, Penzance, Cornwall, TR18 5NH
South West
£75,000Guide Price
Listed on 18/10/2026
Listed on 18/10/2026
The listing
Property details
Bedrooms
2Type
TerracedFeatures
- Garden
Description
Offered at auction, this vacant two-bedroom mid-terrace house has a reception room, kitchen and bathroom on the ground floor, with two bedrooms above. Front and rear gardens are also included. The property is in need of modernisation and is located in Newlyn, near Penzance, with local shops and services in the area and access to Penzance railway station and the A30. The surrounding area also offers coastal walks and beaches.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
46out of 100
Grade ELow opportunity
Confidence: LOW
At £75,000, this vacant two-bedroom terrace in Newlyn offers a substantial project with front and rear gardens and access to local amenities, coastal walks and Penzance. The photos show worn or stripped flooring and marked, dated finishes across several rooms, alongside a heavily worn kitchen, an older bathroom and an overgrown rear garden with a deteriorated shed. There is scope to reshape the interiors with new finishes and improve the outdoor space; the tiled roof looks intact in the submitted views, though the exterior merits closer inspection.
The score is 46/100 (grade E), reflecting limited visible-condition scoring rather than a verdict that the price is dear: floor area is missing, so value against local £/sqf cannot yet be judged. The £42,000–£72,000 renovation range points to a substantial programme, and the available figures do not establish the finished value.
Key opportunities
- Rework the worn reception and bedroom finishes into a more coherent, refreshed interior.
- Replace the heavily worn kitchen and update the distinctive dated pink-tiled bathroom.
- Clear and improve the front and rear gardens, including the weathered paving and deteriorated shed.
Key risks
- Worn or stripped floors, marked walls and dated finishes across several rooms, together with kitchen, bathroom and garden works, make the £42,000–£72,000 budget a substantial project programme rather than a cosmetic refresh.
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Finance
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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
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