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Picture No. 11
For sale
£450,000

Chapel Street, Penzance, TR18 4AD

4bedrooms
2bathrooms
Terracedtype
Freeholdtenure

Listed 24 Sept 2026 · Penzance

How the price compares

This home£450,000
Median 4 bed in TR18£475k31 homes listed · £312 per sq ft
Difference-5%below the area median

About this home

A substantial and characterful mixed-use property, combining a ground-floor commercial shop with useful basement storage/workshop space and generous residential accommodation arranged over three floors above. The commercial element occupies the ground floor, with a traditional shop frontage and a well-proportioned retail space. The shop retains exposed stonework and timber flooring, together with shelving, a counter area and excellent window frontage. From here, stairs descend to the lower ground floor where there is a useful store room, opening through to a particularly generous workshop which offers excellent additional space for storage, creative use or the requirements of the business. To the rear is a separate entrance hall with attractive period tiling and stained-glass detailing, giving access to the enclosed courtyard. A cloakroom is positioned on the half landing. The residential accommodation begins on the first floor, where an impressive living room spans the front of the building. Three sash windows provide plenty of natural light, while high ceilings, fireplace alcoves and period proportions give the room considerable character. Also on this floor is the fitted kitchen, with a good range of storage and space for freestanding appliances. The second floor is home to the principal bedroom, an exceptionally spacious room with three sash windows to the front, wooden flooring and a feature fireplace. A large bathroom is also found on this level, incorporating a corner bath with shower over, fitted storage, wooden flooring and a glimpse towards the sea. The staircase continues to the third floor where there are two further bedrooms together with an additional room currently suited as a study, home office or occasional fourth bedroom. Several of the upper-floor windows enjoy glimpses towards the coast, including views in the direction of Newlyn and Marazion. Externally, the property benefits from a small enclosed rear courtyard with high surrounding walls.

Chapel Street: perhaps the most fascinating street in Penzance. With an array of shops and houses this street is steeped in history and architecture. Walking distance to all amenities including train station. With shops, restaurants and galleries on your doorstep.

Ground Floor Stairs rising to first floor.

Shop Frontage 4.27m x 4.27m Wooden flooring, power points, single-glazed frontage with large window, 2 single-glazed double wooden doors opening. Alveo to one side. Exposed stone. Shelving. Shop counter area with desk and shelving.

Lower Ground Floor Stairs down to:

Basement

Store Room 2.7m x 3.45m Lighting, plumbing and space for washing machine, fitted shelving, archway opening through to:

Workshop 5.3m x 4.01m Exposed granite, light, power, night storage heater. Shelving to either side of fireplace.

Entrance Hall 0.91m x 1.24m Wooden door. Glazed panel above door. 1/2 Glazed wooden door opening onto courtyard. Stained glass door. Period tiling.

Rear Courtyard Enclosed high wall. Tap.

Access through to:

1/2 Landing

W/C 0.91m x 1.22m Wash hand basin, w/c, frosted single-glazed window to rear.

Stairs rising to:

Apartment on First Floor

Lounge 5.49m x 3.38m Radiator, alcove on either side of fireplace. High ceilings, power points. 3 Single-glazed wooden sash windows to front.

Kitchen 3.33m x 2.7m Fitted base and eye level units with worktops over, space for electric cooker, sink with drainer, vinyl floor, space for freestanding fridge/freezer. Boiler. Power points. Part-tiled. Frosted single-glazed wooden window to rear, dado rail, cornicing, storage to either side with shelving.

Second Floor

1/2 Landing Stained glass feature window.

Bedroom 1 5.49m x 3.05m Radiator, feature fireplace, wooden flooring, power points, 3 single-glazed sash windows to front.

Hallway Radiator, stairs rising to third floor. Power point.

Landing

Single-glazed wooden sash window to Marazion.

Bathroom 3.35m x 3.05m Radiator, former fireplace, wash hand basin. Heated towel rail. Storage cupboard. Wooden flooring, deep skirting. Single-glazed wooden window to rear with sea glimpse. Corner bath with shower over, and curtain. Double doors to fitted storage cupboard.

Third Floor

Landing Loft access.

Office/Study/Bedroom 4 2.44m x 2.44m

Single-glazed sash window to front, power points.

Bedroom 3 2.74m x 3.35m Power points, radiator, former fireplace, wooden single-glazed window to front with sea view of Newlyn. Deep skirting boards.

Bedroom 2 3.05m x 3.96m (Measured to widest point). Radiator, power point. Single-glazed wooden window to rear with sea glimpse, beams, loft access, former fireplace.

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

Council Tax: Band B.

Property details

Property type
Terraced
Council tax band
B
Tenure
Freehold
Heating
Gas central
Electricity
Mains supply
Water
Mains supply

Floorplan

Floorplan

Location

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  • Penzance Station0.3 mi
  • St. Erth Station5.5 mi
  • Lelant Saltings Station5.9 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.

AddressTypeSoldPrice
Dock Cottage, Chapel Street
Penzance TR18 4AQ
Terraced
Freehold
19 Jun 2026£250,000
51a, Chapel Street
Penzance TR18 4AF
Flat
Freehold
27 Apr 2026£95,000
Flat 4, The Regent, Chapel Street
Penzance TR18 4AE
Flat
Leasehold
10 Oct 2025£135,000
Flat 2, 38, Chapel Street
Penzance TR18 4AQ
Flat
Leasehold
21 Aug 2025£168,000
24 Chapel Street
Penzance TR18 4AP
Semi-detached
Freehold
30 Apr 2025£865,000
Flat 5, 38, Chapel Street
Penzance TR18 4AQ
Flat
Leasehold
18 Oct 2024£475,000
Trevelyan Cottage, Chapel Street
Penzance TR18 4AW
Terraced
Freehold
13 Aug 2024£240,000
2 Chapel Street
Penzance TR18 5BQ
Terraced
Freehold
25 Jul 2024£287,000
52 Chapel Street
Penzance TR18 4AF
Other
Freehold
5 Jul 2024£285,000
Top Deck, 18, Chapel Street
Penzance TR18 4AW
Flat
Freehold
24 May 2024£60,000

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

Monthly repayment£2,251£45,000 deposit · £405,000 loan
Stamp Duty£12,500England 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 24 Sept 2026; details checked 7 Nov 2026. Latest change: added on 24/09/2026.

Agent disclaimer

Disclaimer - Property reference SME260324. 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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