Stacey Mann Estates says ..

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom apartment located in Newlyn, Cornwall. Newlyn is a fishing village, and the property’s location offers proximity to the harbour and local amenities. The presence of several well-regarded schools within a reasonable distance (Newlyn School, Alverton Primary School, St Mary’s Cofe Primary School, and others) is a positive aspect for families or those considering future investment. The nearby Penzance train station provides convenient access to other parts of Cornwall and beyond. The property itself, judging from the provided images, appears to be in good condition. The interior finishes seem modern and well-maintained. There is no visible evidence of significant repairs or renovations needed. While the plot size is mentioned (570.49 sqft), the description does not indicate the presence of a garden. The available space may be limited to the immediate surroundings of the building. Considering the list price of £175,000 and the property’s size (564.03 sqft), the price per square foot is significantly lower than the area average (£235.00). However, it’s important to note that the average price and price per square foot in the area are based on larger properties, and direct comparison is difficult due to the lack of sqft data for nearby listings. The relatively low price may reflect the smaller size of the apartment compared to the average property in the area. The lower price may also be influenced by the property being an apartment within a larger development, rather than a detached or semi-detached house. Further investigation into comparable apartment sales in Newlyn would provide a more precise valuation.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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