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Newlyn, Penzance TR18

South West

£170,000

Listed on 29/06/2026

Property details

Bedrooms
3
Type
End Terrace

Description

This three-bedroom end of terrace property is positioned advantageously above the picturesque fishing village of Newlyn, offering potential investors or homeowners an opportunity for renovation. While it currently requires modernisation, it already features uPVC double glazing and possesses gardens at both the front and rear, with charming glimpses of sea views from the rear bedrooms across Mount's Bay. The layout includes a spacious sitting room, a combined kitchen/dining area, and a ground-floor shower room, complemented by three bedrooms on the upper floor, two of which are generously sized. This home presents an ideal starting point for those looking to add their personal touch and increase its value through thoughtful updates and improvements. Nearby amenities include local shops, cafes, pubs, galleries, and schools—all vital elements for a vibrant community life. Furthermore, Penzance is just a mile away, providing additional services including major bus and rail connections for ease of travel.

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Investment analysis

(TR18 area)
Area Average
£309/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Newlyn, Penzance TR18
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Mortgage calculator

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£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£642
Based on a loan of £127,500 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.

Stamp duty calculator

Next Steps

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