Marine Terrace, Penzance, TR18
By Stacey Mann Estates
£ 450,000
Reviews
3 out of 5 stars
Stacey Mann Estates says ..
Once a successful guesthouse this property is extremely versatile and has huge potential to create a stunning family home and re vamp to create serious income opportunity. Sitting centre stage on Penzance’s wonderful promenade overlooking the Jubilee Pool. The views from the front of the pr...
Property Oracle says ..
This six-bedroom, six-bathroom property located on Marine Terrace in Penzance offers unparalleled sea views, a highly desirable feature in this coastal location. The property’s position on the promenade provides convenient access to the amenities of Penzance town centre, as well as beautiful coastal walks. Several good-rated primary and secondary schools are located nearby, making this an attractive option for families. The interior shows a mix of modern elements and features that might benefit from updating. The bathrooms and kitchen appear dated. While the property is clean and well-maintained, some upgrades would likely enhance its overall appeal and value. The available land is small, limited to a modest patio area, not a spacious garden. The asking price of £450,000 requires further investigation to determine if it represents excellent value for money, due to the lack of square footage and the condition of the property as a whole. A professional valuation would provide a more accurate assessment. Overall, this is a unique property in a prime location suitable for a variety of buyers, but its condition and lack of square footage information should be carefully considered during the purchase process.
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
- 6
- Location
- 9
- Land
- 3
- Bedrooms
- 6
- Bathrooms
- 6
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Metrics Year-on-Year
- Average area value
- 380,500.00 £Decreased by 7.95 %
- Average area rental value
- 1,550.00 £/moIncreased by 31.91 %
- Est rental Yield
- 4.89 %Increased by 43.40 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Stacey Mann Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Mary'S Cofe Primary School, Penzance | Voluntary Aided School | Good | 0.29 KM |
| Alverton Primary School | Academy Converter | Good | 1.22 KM |
| Humphry Davy School | Foundation School | Good | 1.23 KM |
| West Penwith Children'S Centre | Children's Centre | 1.30 KM | |
| St Mary'S Catholic School, Penzance | Academy Converter | Good | 1.30 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Hoskens Yard | £ 222,500 | 0 | 0.00 KM |
| Coulson's Place | £ 0 | 0 | 0.00 KM |
| Courtyard Passage | £ 687,500 | 0 | 0.00 KM |
| St Mary's Terrace | £ 552,409 | 0 | 0.00 KM |
| The Lidden | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Penzance | 3526 | PNZ | 0.94 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Marine Terrace, Penzance, TR18 | £ 450,000 | BUY | 6 / 10 | 0.00 KM |
| Marine Terrace, Penzance, TR18 | £ 480,000 | BUY | 7 / 10 | 0.01 KM |
| Marine Terrace, Penzance | £ 350,000 | BUY | 5 / 10 | 0.04 KM |
| Daniel Place, Penzance, Cornwall | £ 200,000 | BUY | 6 / 10 | 0.05 KM |
| Daniel Place, Penzance, Cornwall | £ 290,000 | BUY | 5 / 10 | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 15 Marine Terrace | £ 290,000 | 0.01 KM |
| 20 Marine Terrace | £ 360,000 | 0.01 KM |
| 17 Marine Terrace | £ 330,000 | 0.01 KM |
| 16 Marine Terrace | £ 420,000 | 0.01 KM |
| 4 Marine Terrace | £ 328,485 | 0.01 KM |