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St. James Street, Penzance, Cornwall TR18

South West

£215,000

Listed on 07/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
680 sqft

Description

This two-bedroom terrace house is situated in the vibrant core of Penzance, surrounded by a plethora of shops, cafes, and bars within easy reach. The property is conveniently located just a short stroll from the scenic gardens and the iconic art deco Jubilee Pool, as well as the bus and train terminals, making it an attractive option for both first-time buyers and investors. The ground floor features a combined living area, kitchen, and dining space, while the first floor hosts two bedrooms and a bathroom. The rear courtyard offers an inviting outdoor space that could be revitalised. This residence presents a great opportunity for modernisation to enhance both comfort and value.

Investment analysis

(TR18 area)

Above Market Value

This property is priced +2.2% above area average per sq ft

+2.2%
This Property
£316/sq ft
Area Average
£309/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£231,431
10% above area average per sq ft
Potential ROI
-3.6%
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

St. James Street, 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
£812
Based on a loan of £161,250 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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