Alverne Buildings, Penzance, Cornwall, TR18
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Alverne Buildings, Penzance, Cornwall, TR18

By Stacey Mann Estates

£ 220,000

Reviews

3 out of 5 stars

Stacey Mann Estates says ..

On the market for the first time in over 15 years, this great terraced property would make a fantastic first time buy or investment buy to let. There are two bedrooms with rear courtyard and upstairs shower room. Alverne Buildings is a small terrace of houses on the fringe of Penzanc...

Property Oracle says ..

The property is located in Alverne Buildings, Penzance, Cornwall. It’s a terraced house with two bedrooms and one bathroom, spanning 1,663 square feet on a 731.70 square foot plot. The list price is £220,000.

The property appears to be in reasonably good condition, although some updating might enhance its appeal. The interior shows a consistent style, though some areas could benefit from modernisation. The kitchen and bathroom appear functional but dated. The property benefits from a small, manageable rear garden.

Considering the average house price in the area is significantly higher (£468,178), and the average price per square foot is £235, the asking price of £220,000 for this property seems relatively low. However, this needs to be considered in the context of the property’s condition and size. Nearby comparable properties show a range of prices, with some significantly higher and some lower than the listed price. The lack of sqft data for comparable properties makes a precise comparison difficult. The property’s location near good schools and transportation links is a positive factor. The small garden adds value, although its size is modest.

Based on the provided information and images, the property is a reasonably priced, well-located terraced house in Penzance, requiring some modernisation to reach its full potential. The small garden is a valuable asset in this location.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
8
Land
4
Bedrooms
2
Bathrooms
1
Sqft (est)
1,663.00
Lot (est)
731.70

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
507,215.00 £
Increased by 0.66 %
from 503,889.00 £
Average area rental value
1,550.00 £/mo
Increased by 31.91 %
from 1,175.00 £/mo
Est letting value
1,663.00 £/mo
from 0.00 £/mo
Est rental Yield
4.89 %
Increased by 43.40 %
from 3.41 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • Stacey Mann Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
St Mary'S Cofe Primary School, PenzanceVoluntary Aided SchoolGood0.69 KM
Humphry Davy SchoolFoundation SchoolGood0.71 KM
Pensans Community Primary SchoolAcademy ConverterGood0.72 KM
Alverton Primary SchoolAcademy ConverterGood0.76 KM
Nancealverne SchoolAcademy Special ConverterGood0.86 KM

Images

Picture No. 19 Picture No. 02 Picture No. 03 Picture No. 07 Picture No. 11 Picture No. 14 Picture No. 12 Picture No. 04 Picture No. 05 Picture No. 13 Picture No. 16 Picture No. 06 Picture No. 10 Picture No. 08 Picture No. 09 Picture No. 17 Picture No. 18

Nearby Streets

NameAverage PriceAverage SqftDistance
King's Road £ 000.00 KM
Clements Road £ 615,00000.00 KM
Wellington Place £ 387,91700.00 KM
Hawkins Road £ 000.00 KM
Windsor Terrace £ 200,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Penzance3526PNZ1.22 KM

Nearby Listings

AddressPriceTypeScoreDistance
Alverne Buildings, Penzance, Cornwall £ 210,000BUYUnknown0.00 KM
Alverne Buildings, Penzance, Cornwall £ 190,000BUY5 / 100.01 KM
Penalverne Place, Penzance, Cornwall, TR18 £ 290,000BUY6 / 100.07 KM
Chycelin, Alverton Terrace, Penzance, TR18 4JH £ 275,000BUY7 / 100.14 KM
10 Alverton Terrace, Penzance, TR18 £ 167,500BUY6 / 100.15 KM

Nearby Properties

AddressPriceDistance
5 Alverne Buildings £ 155,5000.02 KM
17 Alverne Buildings £ 235,0000.02 KM
12 Alverne Buildings £ 125,0000.02 KM
3 Alverne Buildings £ 225,0000.02 KM
7 Alverne Buildings £ 110,0000.02 KM