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Tregarth Place, Alverton, Penzance, TR18 - Image 1
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Tregarth Place, Alverton, Penzance, TR18

South West

£150,000

Listed on 24/10/2026

The listing

Property details

Bedrooms
2
Type
Apartment
Area
614 sqft

Features

  • Garden

Description

This two-bedroom first-floor flat in a residential area of Penzance has its own external staircase, entrance terrace and front door. The accommodation includes a hall, a separate kitchen, a living room with a gas fire, two bedrooms and a bathroom. The listing describes the rooms as well proportioned and notes natural light and scope for renovation and modernisation. There are garden areas to the front and rear, along with an external storage cupboard beneath the stairs. On-street parking is available nearby, and local amenities, a primary school, a pub and a shop are within the area, with Penzance town centre described as walkable and bus services available. The flat is leasehold, with a 125-year lease commencing in June 1991. The stated annual service charge is £71.04, buildings insurance is £12.72 subject to confirmation, and ground rent and additional maintenance charge are listed as nil. Services are stated as mains electricity, water and drainage, and the council tax band is A.

WHOTS analysis

Our WHOTS verdict

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

70out of 100
Grade BGood opportunity

Confidence: MEDIUM

This is a good-value project: the £150,000 asking price works out at £244/sq ft, around 21% below the local average, giving a buyer scope to acquire a two-bedroom flat with room to improve. The £6,000–£14,000 renovation range reflects a light modernisation: refresh the dated finishes, replace or finish the worn flooring, and bring the bathroom up to date. The fitted kitchen appears intact, while the generous living room, natural light and usable front and rear garden areas give the flat a solid canvas. The exterior and roof look generally sound in the photos.

Key opportunities

  • Refresh the dated interior finishes and worn flooring to give the two-bedroom flat a more contemporary feel.
  • Make the most of the generous, light-filled living room and feature fireplace.
  • Tidy the front and rear garden areas, including the overgrown shrubs and weathered paths and boundaries.

Key risks

None recorded.

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Map

Location

Tregarth Place, Alverton, Penzance, TR18
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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
£567
Based on a loan of £112,500 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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Services

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