Mounts Bay Lodge, New Town Lane, Penzance, TR18
ST

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 %
from 413,363.00 £
Est sale value
156,654.10 £
Increased by 0.66 %
from 155,626.86 £
Average area rental value
1,550.00 £/mo
Increased by 31.91 %
from 1,175.00 £/mo
Est letting value
513.62 £/mo
from 0.00 £/mo
Est rental Yield
4.89 %
Increased by 43.40 %
from 3.41 %
Crime Rate
32.00 %
Unchanged by 0.00 %
from 32.00 %

Agent Activity

  • Stacey Mann Estates marked this listing as sold.

  • Stacey Mann Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
St Mary'S Catholic School, PenzanceAcademy ConverterGood0.81 KM
St Mary'S Cofe Primary School, PenzanceVoluntary Aided SchoolGood0.92 KM
West Penwith Children'S CentreChildren's Centre0.93 KM
Penwith Alternative Provision AcademyAcademy Alternative Provision ConverterOutstanding0.94 KM
Humphry Davy SchoolFoundation SchoolGood1.00 KM

Images

Picture No. 16 Picture No. 15 Picture No. 17 Picture No. 21 Picture No. 07 Picture No. 08 Picture No. 10 Picture No. 06 Picture No. 02 Picture No. 19 Picture No. 04 Picture No. 03 Picture No. 05 Picture No. 11 Picture No. 09 Picture No. 13 Picture No. 14 Picture No. 18 Picture No. 20

Nearby Streets

NameAverage PriceAverage SqftDistance
Wharf Road £ 348,23800.00 KM
Wood Street £ 165,00000.00 KM
The Arcade £ 000.00 KM
Abbey Street £ 1,197,50000.00 KM
Under Chapel Yard £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Penzance3526PNZ0.25 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mounts Bay Lodge, Penzance, TR18 £ 420,000BUY6 / 100.01 KM
Mounts Bay Lodge, Penzance, TR18 £ 279,000BUY7 / 100.01 KM
Mounts Bay Lodge, New Town Lane, Penzance, TR18 £ 275,000BUY6 / 100.01 KM
New Town Lane, Penzance, Cornwall, TR18 £ 230,000BUY6 / 100.01 KM
New Town Lane, Penzance TR18 £ 290,000BUY6 / 100.02 KM

Nearby Properties

AddressPriceDistance
42 Market Jew Street £ 120,0000.17 KM
70 Market Jew Street £ 38,0000.18 KM
58 Adelaide Street £ 272,5000.18 KM
Cornwall Cottage £ 60,0000.22 KM
8 Leskinnick Place £ 116,0000.22 KM