Marine Terrace, Penzance, TR18
ST

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

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 £
Average area rental value
1,550.00 £/mo
Increased by 31.91 %
from 1,175.00 £/mo
Est rental Yield
4.89 %
Increased by 43.40 %
from 3.41 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Stacey Mann Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
St Mary'S Cofe Primary School, PenzanceVoluntary Aided SchoolGood0.29 KM
Alverton Primary SchoolAcademy ConverterGood1.22 KM
Humphry Davy SchoolFoundation SchoolGood1.23 KM
West Penwith Children'S CentreChildren's Centre1.30 KM
St Mary'S Catholic School, PenzanceAcademy ConverterGood1.30 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Hoskens Yard £ 222,50000.00 KM
Coulson's Place £ 000.00 KM
Courtyard Passage £ 687,50000.00 KM
St Mary's Terrace £ 552,40900.00 KM
The Lidden £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Penzance3526PNZ0.94 KM

Nearby Listings

AddressPriceTypeScoreDistance
Marine Terrace, Penzance, TR18 £ 450,000BUY6 / 100.00 KM
Marine Terrace, Penzance, TR18 £ 480,000BUY7 / 100.01 KM
Marine Terrace, Penzance £ 350,000BUY5 / 100.04 KM
Daniel Place, Penzance, Cornwall £ 200,000BUY6 / 100.05 KM
Daniel Place, Penzance, Cornwall £ 290,000BUY5 / 100.05 KM

Nearby Properties

AddressPriceDistance
15 Marine Terrace £ 290,0000.01 KM
20 Marine Terrace £ 360,0000.01 KM
17 Marine Terrace £ 330,0000.01 KM
16 Marine Terrace £ 420,0000.01 KM
4 Marine Terrace £ 328,4850.01 KM