Albert Buildings, Penzance, TR18
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Albert Buildings, Penzance, TR18

By Stacey Mann Estates

£ 268,000

Reviews

2 out of 5 stars

Stacey Mann Estates says ..

This beautifully designed two bedroom home has been transformed into a versatile live/work space, perfect for creative minds and professionals alike. Spread over three spacious floors, this terraced property features an open-plan layout that maximizes natural light and functionality. The gro...

Property Oracle says ..

This two-bedroom, one-bathroom property located in Albert Buildings, Penzance, Cornwall, presents a unique opportunity for buyers seeking a home in a desirable coastal location. The property’s proximity to Penzance Promenade, train station, and several well-regarded schools makes it appealing to families and those seeking convenient access to transportation and amenities.

The interior of the property showcases a distinctive design aesthetic, with exposed wooden beams and a blend of vintage and modern furnishings. The rooms are characterized by a warm atmosphere. The kitchen and bathroom, though functional, could benefit from updates to enhance their modernity.

One key factor to consider is the limited land associated with the property, which may restrict outdoor living space. Given the location and overall condition, the asking price is broadly within the expected range for similar properties in Penzance. However, a detailed comparative market analysis involving properties with similar size and features would be necessary to form a conclusive opinion on value.

Potential buyers should carefully assess their needs and preferences. The property’s character and coastal setting are attractive features, but buyers should factor in the limited outdoor space and consider the potential cost of future renovations or updates to the kitchen and bathroom.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
827.42

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
252,363.10 £
Increased by 0.66 %
from 250,708.26 £
Average area rental value
1,550.00 £/mo
Increased by 31.91 %
from 1,175.00 £/mo
Est letting value
827.42 £/mo
from 0.00 £/mo
Est rental Yield
4.89 %
Increased by 43.40 %
from 3.41 %
Crime Rate
107.00 %
Unchanged by 0.00 %
from 107.00 %

Agent Activity

  • Stacey Mann Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
St Mary'S Cofe Primary School, PenzanceVoluntary Aided SchoolGood0.58 KM
Humphry Davy SchoolFoundation SchoolGood0.76 KM
West Penwith Children'S CentreChildren's Centre0.81 KM
St Mary'S Catholic School, PenzanceAcademy ConverterGood0.82 KM
Penwith Alternative Provision AcademyAcademy Alternative Provision ConverterOutstanding0.87 KM

Images

Picture No. 29 Living Room Kitchen Bedroom 2 View Bathroom Bedroom 1 Living Room Living Room Picture No. 08 Kitchen Kitchen Front Stairs Stairs Bedroom 2 Bedroom 1 Bedroom 1 Bedroom 1 Picture No. 34

Nearby Streets

NameAverage PriceAverage SqftDistance
Union Street £ 110,00000.00 KM
Victoria Place £ 410,00000.00 KM
North Parade £ 615,00000.00 KM
The Arcade £ 000.00 KM
St Mary's Terrace £ 552,40900.00 KM

Nearby Transport

NameNLCTLCDistance
Penzance3526PNZ0.64 KM

Nearby Listings

AddressPriceTypeScoreDistance
Bakehouse Apartments, High Street, Penzance, TR18 £ 125,000BUY5 / 100.03 KM
High Street, Penzance, Cornwall, TR18 £ 105,000BUY4 / 100.07 KM
High Street, Penzance, Cornwall, TR18 £ 109,950BUY5 / 100.07 KM
Green Market, Penzance £ 135,000BUY5 / 100.08 KM
Belgravia Street, Penzance, Cornwall, TR18 £ 135,000BUYUnknown0.12 KM

Nearby Properties

AddressPriceDistance
63 Causewayhead £ 160,0000.06 KM
15a Causewayhead £ 200,0000.08 KM
2 Parade Passage £ 410,0000.10 KM
6 Parade Passage £ 275,0000.10 KM
4 Parade Passage £ 308,0000.10 KM