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Manor Place, Heamoor, Penzance, Cornwall TR18 - Image 1
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Manor Place, Heamoor, Penzance, Cornwall TR18 - Image 3
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Manor Place, Heamoor, Penzance, Cornwall TR18

South West

£325,000

Listed on 14/06/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
962 sqft

Description

Located in the sought-after residential neighborhood of Heamoor, this two-bedroom semi-detached bungalow presents a substantial opportunity for those looking to invest in property. The home is set on a spacious plot and is being sold with no onward chain, which makes it an attractive option for buyers eager to start their renovation journey. The layout includes a cozy lounge, a separate dining room, a fitted kitchen, and a conservatory that opens up to the rear garden, flooding the space with natural light and creating potential for additional living areas. While the property has been maintained over the years, it is in need of modernisation, giving new owners the chance to tailor the interiors to their preferences. The generous outdoor area is not only well-established but also allows for gardening or entertaining possibilities, along with potential extension options pending local planning permissions. Additional conveniences include a private driveway and garage, enhancing practicality.

Investment Analysis

(TR18 area)

Above Market Value

This property is priced +8.2% above area average per sq ft

+8.2%
This Property
£338/sq ft
Area Average
£312/sq ft
Avg Rent (weekly)
£244
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£330,264
10% above area average per sq ft
Potential ROI
-7.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TR18)

Area prices are rising by +4.6% over the last 12 months
3 year growth: +0.2%
5 year growth: +21.6%
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

Manor Place, 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

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