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Church Road, Heamoor, Penzance, Cornwall TR18

South West

£325,000

Listed on 07/07/2026

Property details

Bedrooms
3
Type
Bungalow
Area
1193 sqft

Description

Nestled in a peaceful area of Heamoor, this three-bedroom detached bungalow presents a remarkable opportunity for those eager to personalize their living space. The property sits on an expansive plot that offers both privacy and potential. A large driveway leads up to the home, providing ample off-road parking and access to a considerable garage. The front garden is unoverlooked, creating an appealing entrance, while the enclosed rear garden serves as a blank canvas for landscaping or outdoor activities.

Inside, the layout comprises a generous living room that acts as the heart of the home, with ample space for entertaining and relaxation. Adjacent to this is a compact kitchen and a small dining room that can be reconfigured to meet modern lifestyle needs. A conservatory at the back adds an additional bright space that overlooks the garden.

The bungalow features two sizable double bedrooms alongside a smaller third bedroom, perfect for use as a guest room or home office. Additionally, there is a shower room and separate WC for practicality.

At the back of the property lies the former garage, which could be transformed into a workshop or hobby area—ideal for creative projects. The hard-standing patio area allows for outdoor dining options, while the grassy lawn can accommodate gardening endeavors or recreational pursuits under the Cornish sun.

This property requires modernisation but offers solid foundations and substantial potential to enhance value in this desirable residential zone.

Investment analysis

(TR18 area)

Below Market Value

This property is priced -12.0% below area average per sq ft

-12.0%
Potential saving
This Property
£272/sq ft
Area Average
£309/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£406,026
10% above area average per sq ft
Potential ROI
+11.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TR18)

Area prices are rising by +4.9% over the last 12 months
3 year growth: -0.6%
5 year growth: +18.9%
Investment Disclaimer: Analysis based on TR18 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Church Road, Heamoor, Penzance, Cornwall TR18
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,228
Based on a loan of £243,750 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.

Stamp duty calculator

Price History

-11.0% since listed
£325,000£20,000(-5.8%)
06/06/2026
Current price
£345,000£20,000(-5.5%)
18/04/2026
£365,000Initial listing
20/03/2026

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