Redinnick Place, Penzance, Cornwall, TR18
ST

Redinnick Place, Penzance, Cornwall, TR18

By Stacey Mann Estates

£ 255,000

Reviews

2 out of 5 stars

Stacey Mann Estates says ..

A good size end of terrace property in need of updating. There is potential to re-develop the garden room into an extension (subject to any necessary consents). There are two bedrooms, and a good size courtyard. For sale with no onward chain. The market town of Penzance and its worki...

Property Oracle says ..

This two-bedroom terraced house in Penzance, Cornwall, presents a mixed bag for potential buyers. Its strong points include a highly convenient location, close to both the Penzance Promenade and a well-regarded primary school. The proximity to the town centre and train station also adds to its appeal. However, the property’s major drawback is the need for significant modernisation and updating throughout. The photos reveal dated décor, worn-out fixtures, and overall deferred maintenance. While there is a small rear garden providing some outdoor space, it’s quite modest in size. The price of £255,000 seems justifiable given the location but should be negotiated considering the extensive renovation work required. Prospective buyers must factor in potential renovation costs before making an offer. Overall, the property has potential due to location, but the necessary refurbishment presents a significant undertaking.

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
5
Location
7
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
807.60

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
246,318.00 £
Increased by 0.66 %
from 244,702.80 £
Average area rental value
1,550.00 £/mo
Increased by 31.91 %
from 1,175.00 £/mo
Est letting value
807.60 £/mo
from 0.00 £/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 SchoolGood0.05 KM
Alverton Primary SchoolAcademy ConverterGood0.91 KM
Humphry Davy SchoolFoundation SchoolGood1.18 KM
West Penwith Children'S CentreChildren's Centre1.29 KM
Newlyn SchoolAcademy ConverterGood1.30 KM

Images

Picture No. 08 Picture No. 19 Picture No. 05 Picture No. 09 Picture No. 16 Picture No. 04 Picture No. 11 Picture No. 18 Picture No. 15 Picture No. 17 Picture No. 12 Picture No. 10 Picture No. 06 Picture No. 07 Picture No. 13

Nearby Streets

NameAverage PriceAverage SqftDistance
Norton Terrace £ 335,55000.00 KM
The Lidden £ 000.00 KM
Penlee Drive £ 385,00000.00 KM
Gwel An Mor Road £ 277,50000.00 KM
Alexandra Place £ 217,06300.00 KM

Nearby Transport

NameNLCTLCDistance
Penzance3526PNZ1.14 KM

Nearby Listings

AddressPriceTypeScoreDistance
Redinnick Place, Penzance, Cornwall, TR18 £ 255,000BUY5 / 100.00 KM
Redinnick Terrace, Penzance, TR18 £ 335,000BUY6 / 100.01 KM
Redinnick Place, Penzance TR18 £ 140,000BUY5 / 100.01 KM
Redinnick Place, PENZANCE, Cornwall, TR18 £ 325,000BUY5 / 100.01 KM
Redinnick Terrace, Penzance, TR18 £ 285,000BUY7 / 100.06 KM

Nearby Properties

AddressPriceDistance
2 Redinnick Place £ 87,0000.00 KM
16 Redinnick Place £ 188,0000.00 KM
11 Redinnick Place £ 192,0000.01 KM
4 Redinnick Place £ 193,0000.01 KM
6 Redinnick Place £ 240,0000.01 KM