The Pilchard Works, Newlyn, Penzance, TR18
ST

The Pilchard Works, Newlyn, Penzance, TR18

By Stacey Mann Estates

£ 195,000

Reviews

2 out of 5 stars

Stacey Mann Estates says ..

The flat has double glazing, gas central heating and is being sold with no onward chain. you can long let this property but you cannot holiday let. The nearby town of Penzance is a level 1 mile walk away or a short drive and nearby Mousehole and Paul are within walking distance. All m...

Property Oracle says ..

The property is located in Newlyn, Cornwall. Newlyn is a picturesque fishing port with a strong sense of community. The area benefits from having a primary school within close proximity (Newlyn School, 0.20 KM), rated ‘Good’ by Ofsted. Other schools with a ‘Good’ Ofsted rating are also within a reasonable distance, providing families with various educational options. The proximity to Penzance (2.58 KM) offers access to a wider range of amenities and transportation links via Great Western Railway.

Based on the provided image, the property appears to be a modern conversion, possibly from a former commercial building. The exterior shows a mix of stone and timber cladding, suggesting a well-maintained structure. However, without internal images, a definitive assessment of the property’s condition cannot be made. More information is needed to determine the overall condition and any potential need for repairs or renovations.

The plot size is not specified, limiting the assessment of the land available. The images show a small, possibly shared, parking area. Further information is required to determine whether additional outdoor space is available.

Considering the list price of £195,000, and the average price of similar properties in the area (£468,178), this property seems significantly underpriced. However, the average price per sqft is £235, and the absence of sqft for this property, and the nearby properties, makes a precise comparison impossible. The lack of plot size information further complicates a complete price analysis. More information regarding the size and internal condition of the property is needed to provide a comprehensive assessment of its value.

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
3
Condition
0
Location
7
Land
0
Bedrooms
2
Bathrooms
2

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
396,421.00 £
Increased by 2.18 %
from 387,975.00 £
Average area rental value
1,467.00 £/mo
Increased by 22.25 %
from 1,200.00 £/mo
Est rental Yield
4.44 %
Increased by 19.68 %
from 3.71 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • Stacey Mann Estates marked this listing as sold.

  • Stacey Mann Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Newlyn SchoolAcademy ConverterGood0.20 KM
Newlyn CentreChildren's Centre Linked Site0.71 KM
Alverton Primary SchoolAcademy ConverterGood0.80 KM
St Mary'S Cofe Primary School, PenzanceVoluntary Aided SchoolGood1.46 KM
Pensans Community Primary SchoolAcademy ConverterGood1.83 KM

Images

Picture No. 02

Nearby Streets

NameAverage PriceAverage SqftDistance
West Terrace £ 215,00000.00 KM
Clifton Terrace £ 280,00000.00 KM
Charles Street £ 256,66700.00 KM
Rock Road £ 000.00 KM
North Pier £ 275,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Penzance3526PNZ2.58 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Pilchard Works, Newlyn, Penzance, TR18 £ 195,000BUY5 / 100.00 KM
The Pilchard Works, Newlyn, TR18 £ 295,000BUY6 / 100.01 KM
2 Old Mead House - Creeping Lane - Newlyn £ 485,000BUY6 / 100.03 KM
Creeping Lane, Newlyn TR18 £ 165,000BUY7 / 100.04 KM
The Coombe, Newlyn, Conrwall, TR18 £ 550,000BUY6 / 100.04 KM

Nearby Properties

AddressPriceDistance
4 West Terrace £ 215,0000.03 KM
1 West Terrace £ 200,0000.03 KM
7 West Terrace £ 80,0000.04 KM
15 The Coombe £ 388,0000.05 KM
9 Treneglos Terrace £ 174,0000.06 KM