The asking price of £250,000 seems relatively reasonable considering the location, although the lack of square footage information and the need for some modernisation should be factored into the price. Comparable properties in the area demonstrate a range of prices and features and this property seems to fall towards the lower end. The average property prices in the surrounding streets vary considerably. Therefore, further due diligence to compare with similar-sized properties and their conditions is necessary.

Based on the photographs, the property appears to be in reasonable condition, although some modernisation is likely needed. The interior shows dated decor and fixtures, while the exterior is relatively well-maintained. Significant refurbishment or renovation wouldn’t appear necessary, but updating is advisable to enhance market appeal and value.

Penzance is a desirable coastal town in Cornwall, known for its picturesque harbour and proximity to beautiful beaches. The property’s location on Chapel Street places it within walking distance of the town centre and its amenities. Good primary schools are also nearby, enhancing its family appeal. However, the immediate surrounding streets show a mixed bag of property values, suggesting some inconsistencies in desirability within the area.

The property has a small, enclosed rear garden. While providing some outdoor space, it’s not extensive, hence the lower score.