Restormel Road, Newlyn, Penzance, TR18
ST

Restormel Road, Newlyn, Penzance, TR18

By Stacey Mann Estates

£ 500,000

Reviews

3 out of 5 stars

Stacey Mann Estates says ..

A detached house in an enviable location with commanding sea views. The property, which has been in the same ownership for thirty years, comprises reverse level accommodation with three bedrooms and fantastic open plan/living entertaining area. Outside, there is a garage, driveway and parking ...

Property Oracle says ..

The property is a 3 bedroom detached house located in Newlyn, Cornwall. The list price is £500,000. The property benefits from a good location, with nearby schools such as Newlyn School (0.50 KM) and Alverton Primary School (1.04 KM), both rated as ‘Good’ by Ofsted. Penzance train station is also within a reasonable distance (2.90 KM). The area has an average house price of £468,178 and an average price per sqft of £235.00. However, nearby comparable properties on Restormel Road have sold for prices ranging from £238,000 to £310,000. This suggests that the list price of £500,000 may be on the higher end of the market value, especially considering the size of the property (1164.12 sqft) is smaller than the average for the area (1992 sqft). Based on the photos, the property appears to be in reasonable condition, although some aspects may benefit from modernisation. The property has a garden.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
7
Location
8
Land
7
Bedrooms
3
Bathrooms
1
Sqft (est)
1,164.12
Lot (est)
1,145.28

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 £
Est sale value
472,632.72 £
Increased by 1.75 %
from 464,483.88 £
Average area rental value
1,467.00 £/mo
Increased by 22.25 %
from 1,200.00 £/mo
Est letting value
1,164.12 £/mo
Unchanged by 0.00 %
from 1,164.12 £/mo
Est rental Yield
4.44 %
Increased by 19.68 %
from 3.71 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Stacey Mann Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Newlyn SchoolAcademy ConverterGood0.50 KM
Newlyn CentreChildren's Centre Linked Site0.72 KM
Alverton Primary SchoolAcademy ConverterGood1.04 KM
St Mary'S Cofe Primary School, PenzanceVoluntary Aided SchoolGood1.80 KM
Pensans Community Primary SchoolAcademy ConverterGood1.98 KM

Images

Picture No. 25 Bedroom Bedroom Bathroom Kitchen Living Room Dining Room Aerial View Rear Garden Aerial View Bedroom Hallway Kitchen Kitchen View Rear Garden Front Bedroom Bedroom Kitchen Dining Room Dining Room

Nearby Streets

NameAverage PriceAverage SqftDistance
Clifton Terrace £ 280,00000.00 KM
West Terrace £ 215,00000.00 KM
Gloucester Road £ 608,99000.00 KM
St. Golder Road £ 292,50000.00 KM
Charles Street £ 256,66700.00 KM

Nearby Transport

NameNLCTLCDistance
Penzance3526PNZ2.90 KM

Nearby Listings

AddressPriceTypeScoreDistance
Restormel Road, Newlyn, Penzance, TR18 £ 500,000BUY7 / 100.00 KM
Restormel Road, Newlyn, Penzance, Cornwall, TR18 £ 570,000BUY7 / 100.01 KM
Lower Gurnick Road, Penzance, TR18 £ 500,000BUY7 / 100.06 KM
Garth Road, Newlyn, TR18 5QJ £ 325,000BUY5 / 100.13 KM
Valdemosa - Old Paul Hill - Newlyn £ 600,000BUY6 / 100.20 KM

Nearby Properties

AddressPriceDistance
38 Restormel Road £ 380,0000.01 KM
11 Restormel Road £ 238,0000.01 KM
9 Restormel Road £ 257,5000.01 KM
25 Restormel Road £ 277,0000.01 KM
7 Restormel Road £ 260,0000.01 KM