Mounts Bay Lodge, New Town Lane, Penzance, TR18
By Stacey Mann Estates
£ 299,950
Reviews
3 out of 5 stars
Stacey Mann Estates says ..
A front facing apartment with stunning sea and harbour views. This one-bedroom apartment comes to the market immaculately presented with a great outlook over Penzance Harbour. It is situated within a group of residences exclusively for over 60's. There is a residents lounge and outdoor commun...
Property Oracle says ..
This one-bedroom apartment at Mounts Bay Lodge in Penzance offers a compelling blend of location, views, and modern amenities. Situated on the Penzance Promenade, it provides breathtaking views of the harbor and Mounts Bay. The apartment itself is well-presented, with a modern kitchen and bathroom. While the provided square footage (513.62 sqft) is modest for a one bedroom, the high desirability of the location often commands premium prices in the UK housing market. The proximity to Penzance train station, several well-regarded schools, and the Wharfside Shopping Village, all within close proximity, enhance the property’s appeal. However, the lack of outdoor space and the fact it is an apartment in a retirement community, might limit its broader appeal. Comparable properties within Mounts Bay Lodge are listed at similar price points, suggesting the listing price of £299,950 is relatively reasonable given the location. Prospective buyers should carefully consider their priorities and whether this style of property and community is suited to their needs.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 7
- Location
- 9
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 513.62
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 380,500.00 £Decreased by 7.95 %
- Est sale value
- 156,654.10 £Increased by 0.66 %
- Average area rental value
- 1,550.00 £/moIncreased by 31.91 %
- Est letting value
- 513.62 £/mo
- Est rental Yield
- 4.89 %Increased by 43.40 %
- Crime Rate
- 32.00 %Unchanged by 0.00 %
Agent Activity
Stacey Mann Estates marked this listing as sold.
Stacey Mann Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Mary'S Catholic School, Penzance | Academy Converter | Good | 0.81 KM |
| St Mary'S Cofe Primary School, Penzance | Voluntary Aided School | Good | 0.92 KM |
| West Penwith Children'S Centre | Children's Centre | 0.93 KM | |
| Penwith Alternative Provision Academy | Academy Alternative Provision Converter | Outstanding | 0.94 KM |
| Humphry Davy School | Foundation School | Good | 1.00 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Wharf Road | £ 348,238 | 0 | 0.00 KM |
| Wood Street | £ 165,000 | 0 | 0.00 KM |
| The Arcade | £ 0 | 0 | 0.00 KM |
| Abbey Street | £ 1,197,500 | 0 | 0.00 KM |
| Under Chapel Yard | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Penzance | 3526 | PNZ | 0.25 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Mounts Bay Lodge, Penzance, TR18 | £ 420,000 | BUY | 6 / 10 | 0.01 KM |
| Mounts Bay Lodge, Penzance, TR18 | £ 279,000 | BUY | 7 / 10 | 0.01 KM |
| Mounts Bay Lodge, New Town Lane, Penzance, TR18 | £ 275,000 | BUY | 6 / 10 | 0.01 KM |
| New Town Lane, Penzance, Cornwall, TR18 | £ 230,000 | BUY | 6 / 10 | 0.01 KM |
| New Town Lane, Penzance TR18 | £ 290,000 | BUY | 6 / 10 | 0.02 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 42 Market Jew Street | £ 120,000 | 0.17 KM |
| 70 Market Jew Street | £ 38,000 | 0.18 KM |
| 58 Adelaide Street | £ 272,500 | 0.18 KM |
| Cornwall Cottage | £ 60,000 | 0.22 KM |
| 8 Leskinnick Place | £ 116,000 | 0.22 KM |