Penare Terrace, Penzance
MI

Penare Terrace, Penzance

By Millerson

£ 300,000

Reviews

2 out of 5 stars

Millerson says ..

This spacious, 4/5 bed Victorian town house is situated in a popular residential location, close to town, the seafront and many amenities within Penzance. The property offers extremely versatile and flexible accommodation of approximately 1900 sqft arranged over 4 floors. Currently set out as a f...

Property Oracle says ..

This five-bedroom, two-bathroom terraced house in Penzance, Cornwall, presents a mixed bag. Situated in a location close to amenities and the coast, it benefits from good access to transportation and nearby schools with varying Ofsted ratings, ensuring convenience for families. The property itself boasts substantial living space of approximately 1889 sqft, spread over several floors. This layout would suit larger families or individuals seeking versatile accommodation. However, the photos reveal an interior that requires modernisation. The rooms look dated, needing new paint, carpets, and perhaps kitchen and bathroom upgrades. While the structural integrity appears sound, potential buyers should budget for renovation costs. The absence of a garden is a notable drawback for some buyers. Considering the price, size, location, and condition, the property is a reasonable buy but would require investment to reach its full potential. It presents a good opportunity for someone willing to undertake some renovation work to transform a large, well-located house into a desirable home. The lack of information regarding plot size and comparable properties’ specifications prevents a more exact valuation, making it difficult to assign a precise market value. Potential buyers are advised to undertake thorough independent valuation and building surveys before making an offer.

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
1
Bedrooms
5
Bathrooms
2
Sqft (est)
1,889.07

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
576,166.35 £
Increased by 0.66 %
from 572,388.21 £
Average area rental value
1,550.00 £/mo
Increased by 31.91 %
from 1,175.00 £/mo
Est letting value
1,889.07 £/mo
from 0.00 £/mo
Est rental Yield
4.89 %
Increased by 43.40 %
from 3.41 %
Crime Rate
21.00 %
Unchanged by 0.00 %
from 21.00 %

Agent Activity

  • Millerson created the listing.

Nearby Schools

NameTypeOfstedDistance
West Penwith Children'S CentreChildren's Centre0.32 KM
Humphry Davy SchoolFoundation SchoolGood0.35 KM
St Mary'S Catholic School, PenzanceAcademy ConverterGood0.36 KM
Penwith Alternative Provision AcademyAcademy Alternative Provision ConverterOutstanding0.38 KM
St Mary'S Cofe Primary School, PenzanceVoluntary Aided SchoolGood1.04 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Windsor Terrace £ 200,00000.00 KM
Pendennis Close £ 000.00 KM
Wood Street £ 165,00000.00 KM
The Arcade £ 000.00 KM
The Close £ 295,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Penzance3526PNZ0.64 KM

Nearby Listings

AddressPriceTypeScoreDistance
Penare Terrace, Penzance £ 300,000BUY5 / 100.00 KM
Caldwells Road, Penzance, TR18 £ 255,000BUY6 / 100.09 KM
Barwis Hill, Penzance, Cornwall, TR18 £ 230,000BUY6 / 100.09 KM
Caldwells Road, Penzance, Cornwall, TR18 £ 260,000BUY6 / 100.09 KM
Caldwells Road, Penzance, Cornwall, TR18 £ 235,000BUY6 / 100.09 KM

Nearby Properties

AddressPriceDistance
42 Medrose Terrace £ 222,0000.05 KM
47 Medrose Terrace £ 170,0000.05 KM
38 Medrose Terrace £ 229,0000.05 KM
37 Medrose Terrace £ 185,0000.05 KM
44 Medrose Terrace £ 342,5000.05 KM