Flat 2, 9 Albert Street, Penzance, Cornwall, TR18 2LR
By Town & Country Property Auctions
£ 90,000
Reviews
2 out of 5 stars
Town & Country Property Auctions says ..
For sale by Online Auction - This two-bedroom flat is ideally located in the heart of Penzance. Set within a traditional period building on Albert Street, the property offers immediate income potential with a tenant already in situ, generating £850 PCM. Making it an excellent ready-...
Property Oracle says ..
This two-bedroom apartment in Penzance presents a compelling opportunity, particularly for investors or first-time buyers willing to undertake some renovation work. While the property requires updating, its location in a popular coastal town, proximity to transport links and schools, and significantly below-average price point make it an attractive prospect. The ongoing construction in the immediate vicinity may cause short-term disruption but could enhance the area in the long run. The lack of private land is a drawback, but the overall value proposition is strong.
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
- 9
- Condition
- 5
- Location
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
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 %
- Average area rental value
- 1,550.00 £/moIncreased by 31.91 %
- Est rental Yield
- 4.89 %Increased by 43.40 %
- Crime Rate
- 72.00 %Unchanged by 0.00 %
Agent Activity
Town & Country Property Auctions created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Mary'S Catholic School, Penzance | Academy Converter | Good | 0.66 KM |
| Penwith Alternative Provision Academy | Academy Alternative Provision Converter | Outstanding | 0.80 KM |
| West Penwith Children'S Centre | Children's Centre | 0.81 KM | |
| Humphry Davy School | Foundation School | Good | 0.91 KM |
| St Mary'S Cofe Primary School, Penzance | Voluntary Aided School | Good | 1.04 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Wood Street | £ 165,000 | 0 | 0.00 KM |
| Wharf Road | £ 348,238 | 0 | 0.00 KM |
| The Arcade | £ 0 | 0 | 0.00 KM |
| Abbey Street | £ 1,197,500 | 0 | 0.00 KM |
| Union Street | £ 110,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Penzance | 3526 | PNZ | 0.12 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Flat 2, 9 Albert Street, Penzance, Cornwall, TR18 2LR | £ 90,000 | BUY | 5 / 10 | 0.00 KM |
| Old Bakehouse Flats, Leskinnick Place, TR18 2EZ | £ 125,000 | BUY | 5 / 10 | 0.06 KM |
| Leskinnick Place, Penzance, TR18 2EZ | £ 125,000 | BUY | 5 / 10 | 0.06 KM |
| Leskinnick Place, Penzance, Cornwall, TR18 | £ 140,000 | BUY | 6 / 10 | 0.07 KM |
| Leskinnick Street, Penzance, TR18 2HA | £ 189,950 | BUY | 5 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 70 Market Jew Street | £ 38,000 | 0.01 KM |
| 42 Market Jew Street | £ 120,000 | 0.06 KM |
| 9 Leskinnick Place | £ 115,000 | 0.07 KM |
| 14 Leskinnick Place | £ 87,000 | 0.07 KM |
| 6 Leskinnick Place | £ 170,000 | 0.07 KM |