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Picture No. 01
For sale
£375,000Offers over

Alverton Street, Penzance, TR18 4TN

7bedrooms
4bathrooms
End of Terracetype
Freeholdtenure

Listed 12 Jun 2026 · Penzance

How the price compares

This home£375,000
Median 7 bed in TR18£500k3 homes listed
Difference-25%below the area median

About this home

A substantial former public house, now fully residential, offering enormous potential for redevelopment, conversion or creative commercial use, subject to any necessary consents. Arranged over three storeys, this characterful property presents an ideal project for investors, developers or buyers seeking a unique live/work opportunity. The ground floor retains much of its former pub layout and currently comprises two generous reception rooms, a kitchen area and former ladies’ and gents’ toilet facilities. The first floor offers flexible accommodation including a bedroom with en-suite, a large office/further bedroom and an impressive open-plan area with scope for a variety of uses. The top floor provides three additional rooms, a shower room and a further kitchen area. The property may lend itself to conversion into three self-contained flats, or alternatively could suit a studio, gallery, café or mixed-use concept, subject to planning permission and listed building consent where required. Externally, the property benefits from a private walled courtyard and the unusual advantage of ownership of the pavement area to the front, providing off-road parking for two vehicles. The building is Grade II listed, although we understand the listing relates primarily to the two attractive multi-paned front windows. Buyers are advised to make their own enquiries regarding listing and permitted uses. A truly versatile property with significant potential in a distinctive and historic setting.

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.

Part-glazed double doors into;

Entrance Tiled floor, panelling floor to dado. 1/2 Glazed door into;

Former Bar area into lounge Beams, Georgian window to front with windowseat under, radiator, wooden floors, power points, opening through to bar area, shelving, door to former w/c, utility. 2 Windows to side, wash hand basin and tiling.

Inner bar area Radiator, Georgian window to front with windowseat, power point. Door into;

Kitchen Skylight, sink and drainer with worktop surfaces over, electric hob, and oven, cupboards, power points. space for fridge, tiled walls. 1/2 Glazed door to:

Rear Porch Space for dishwasher.

Reception/Dining Room Wood floors, 2 windows to front, radiator, dado rail, multi-fuel burner, exposed granite to one wall. Beams. Door into:

W/C and Storage Radiator, windows to front and rear.

From entrance, stairs to:

First Floor

Landing

Open Plan Room Open fire working, wood floors, window to rear and window to side.

Shower Room Wash hand basin, radiator, window to front, storage into eaves.

Study Window to front. Opening through to:

Bedroom Radiator, window to front and rear, vaulted ceiling, exposed A frames, 2nd Upvc window to front. New Upvc window to rear.

Bathroom Velux window, heated towel rail, bath with shwoer over, wash hand basin, w/c, tiled walls.

Stairs to Second Floor

Landing

Bedroom Window to front, wooden floors. Into:

Kitchen/Dining/Lounge Fitted kitchen with range of cupboards, sink and drainer with mixer tap, electric hob and oven, tiled splash, extractor. Radiator, Upvc double-glazed window to side, seat recess under, power points.

Inner Landing

Bedroom Wood floors, radiator, window to front.

Bedroom Window to rear.

Shower Room

Double-glazed frosted window to rear, w/c, wash hand basin with cupboard under. New Upvc window to rear. Cupboard housing boiler, tiled walls.

Outside Enclosed walled courtyard, gate access to side of the house. Tap.

To Front Boundary to front, parking, outhouse.

Services: Electric, mains water and drainage, Mains gas.

Council Tax: Band D.

Property details

Property type
End of Terrace
Council tax band
D
Tenure
Freehold
Parking
Yes
Garden
Yes

Floorplan

Picture No. 19

Location

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  • Penzance Station0.4 mi
  • St. Erth Station5.7 mi
  • Lelant Saltings Station6.0 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.

AddressTypeSoldPrice
32 Alverton Street
Penzance TR18 2QN
Other
Freehold
11 Dec 2025£396,000
18a, Alverton Street
Penzance TR18 2QP
Flat
Leasehold
1 Nov 2024£177,500

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

Monthly repayment£1,876£37,500 deposit · £337,500 loan
Stamp Duty£8,750England rates

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 12 Jun 2026; details checked 7 Nov 2026. Latest change: added on 12/06/2026.

Agent disclaimer

Disclaimer - Property reference SME250550. 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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