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Penzance, Cornwall TR18

South West

£415,000
Listed on 01/10/2025

Property Details

Bedrooms
4
Type
Semi-detached house

Description

This four-bedroom semi-detached home offers a blend of historic charm and significant renovation potential, making it an appealing prospect for investors or buyers looking to personalize their living space. Situated in a desirable residential area, the property is conveniently located near local amenities and transport links, enhancing its attractiveness for future tenants or homeowners. Spanning three floors, this residence features ample living space, with two reception rooms on the ground floor. These areas provide a versatile layout suitable for a range of uses, from formal gatherings to comfortable family evenings. The kitchen diner serves as a practical hub and includes an adjoining utility room and a downstairs WC, which add convenience to daily living. The first floor comprises two generously-sized bedrooms along with a family bathroom, while the top floor offers an additional two spacious bedrooms. Each room presents an opportunity for updates that could enhance both comfort and aesthetic appeal. The outdoor space includes a sunny courtyard garden, offering not only a tranquil retreat but also potential for landscaping or additional outdoor features. This area can be transformed into an inviting entertaining space or maintained as a low-maintenance garden sanctuary. Overall, this property stands out due to its mix of period details and the chance to modernize elements according to your vision. It represents an excellent investment opportunity in a sought-after location with strong rental demand potential. Early viewings are advisable to fully appreciate the possibilities it holds.

Investment Analysis

(TR18 area)
Area Average
£316/sq ft
Avg Rent (weekly)
£258
Avg Yield
4.4%

Renovation Potential

Est. Renovation Cost
£41,500 - £103,750
10-25% of property value
Monthly Sales
19
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (TR18)

Area prices are rising by +3.6% over the last 12 months
3 year growth: 0.5%
5 year growth: 24.5%
Investment Disclaimer: Analysis based on TR18 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Penzance, Cornwall TR18
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