Alexandra Terrace, Penzance, Cornwall, TR18 4NX
Listed 24 Mar 2026 · price reduced 19 Aug 2026 · Penzance
How the price compares
About this home
Situated on the second floor to the rear of the building, this one-bedroom apartment presents an exciting opportunity for buyers looking to create a home or investment property. The accommodation comprises an entrance hall leading into a bright living room, where you can enjoy attractive sea views. A separate kitchen sits just off the living space, offering scope for modernisation and redesign. The bedroom is a comfortable double with the added benefit of an en-suite, and also enjoys sea views. While the property would benefit from renovation, it offers fantastic potential to be transformed. Externally, the property benefits from an allocated parking space — a valuable feature in this location. Offered to the market chain free, this property is ideal for first-time buyers, investors, or those seeking a coastal bolt-hole. Lease & Charges: • Lease: 999 years (approximately 980 years remaining) • Ground Rent: £10 per annum • Service & Maintenance: £190 per annum • Building Insurance: £140.43 per annum
The market town of Penzance and its working harbour lies in a sheltered corner of Mounts Bay in South West Cornwall. The town offers all amenities including: schools, doctors, churches, banks, shops, restaurants and the famous Jubilee pool and Morrab gardens. The neighbouring town of Newlyn is approx. 1 mile away. Marazion 3 miles. Sennen, Porthcurno and St.Ives all within a short drive.
Glazed front door into:
Entrance Hall 3.78m x 1.12m
Double-glazed window to side. Door into:
Lounge 3.35m x 4.04m
Double-glazed window to front with sea views towards Penlee Point, and the entrance to Newlyn harbour. Double-glazed dual aspect window to side with view over to Newlyn. Night storage heater. Picture rail. Access to roof space.
Gallery Kitchen 3.28m x 1.27m
Double-glazed window to side, sink and drainer with worktop surface over, tiled splash, power points, cupboards and drawers, space for electric cooker, space for fridge, wall mounted cupboards.
Bedroom 3.48m x 2.18m Dual aspect double-glazed window to side and rear, sea and harbour view to side, night storage heater, picture rail. Power points. Double doors to airing cupboard housing water tank. Further cupboard.
Bathroom 2.24m x 1.65m
Double-glazed window to side. Fitted suite comprising bath with shower over, wash hand basin, w.c., tiled splashback.
To Rear Small garden area and washing line. 1 Shed. Communal area.
Council Tax: Band A.
Services: Electric, mains water and drainage.
Property details
- Property type
- Apartment
- Council tax band
- A
- Tenure
- Leasehold
- Lease remaining
- 0 years left
- Parking
- Yes
- Garden
- Yes
Floorplan
Location
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1 on this map
- Penzance Station0.9 mi
What nearby homes sold for
Median sold prices in TR18 over the last 12 months: terraced £245k · flat £161k · semi-detached £285k · detached £400k.
| Address | Type | Sold | Price |
|---|---|---|---|
| Flat 6, 4, Alexandra Terrace Penzance TR18 4NX | Flat Leasehold | 30 Apr 2026 | £153,500 |
| Flat 3, 1, Alexandra Terrace Penzance TR18 4NX | Flat Leasehold | 29 Nov 2024 | £215,000 |
Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in TR18
Buying costs
Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.
Listed by Stacey Mann Estates, Penzance on Rightmove (original listing). First listed 24 Mar 2026; details checked 7 Nov 2026. Latest change: reduced on 19/08/2026.
Agent disclaimer
Disclaimer - Property reference SME260024. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Stacey Mann Estates, Penzance. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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