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Creeping Lane, Newlyn TR18
For sale
£165,000Guide price

Creeping Lane, Newlyn TR18 5QE

6bedrooms
4bathrooms
Plottype
Freeholdtenure

Listed 5 Mar 2025 · Penzance

How the price compares

This home£165,000
Median 6 bed in TR18£530k7 homes listed · £220 per sq ft
Difference-69%below the area median

Key features

  • POTENTIAL PLOT FOR DEVELOPMENT
  • CENTRAL NEWLYN LOCATION
  • LAPSED PLANNING FOR FOUR FLATS
  • VARIETY OF POSSIBLE USES
  • SHORT WALK TO SEAFRONT/HARBOUR

About this home

THE SITE - Creeping Lane, Newlyn  This is a rare opportunity to acquire a potential development site in this extremely sought-after coastal town. It has previously had the benefit of full detailed planning permission (Ref. PA21/02403) for development of four apartments (2 x one bedroom and 2 x two bedroom) within a new two-storey building. This planning application was won via appeal and has now lapsed. The spacious apartments are architect designed in this popular residential spot in West Cornwall.  The site currently comprises an area of redundant hard surfaced open ground, having previously been used as a playground, together with the adjoining sub-station which is leased to Western Power Distribution. It is conveniently located close to the central “level” area of Newlyn and is a short walk from the bustling harbour, shops, pubs, restaurants and cinema, and yet tucked away in a quieter side-street location.   Adjoining the site are old warehouses such as the Old Pilchard Works as this area was once the old industrial heart of Newlyn, but these buildings have mostly been redeveloped into residential properties over recent years, forming a sought after neighbourhood in the heart of Newlyn. LOCATION Newlyn is a seaside town and fishing port in south-west Cornwall and is home to one of the largest fishing fleets in the United Kingdom. The industry is one of the most important in the county, contributing millions of pounds to the Cornish economy each year. There are several interesting old public houses and nice restaurants as well as an independent cinema. The famous Christmas lights are launched annually to the accompaniment of the Newlyn Male Voice Choir and followed by a firework display. The Newlyn Fish Festival is held on August Bank Holiday Monday each year, when stalls and cafés take over the quays for the day. There is a local primary school and the main town of Penzance is nearby, within a short walk along the scenic promenade. SERVICES There is an electricity sub-station at the northern end of the site (leased to Western Power Distribution/National Grid) with poles on the proposed development site and overhead cables crossing the site. The owner has signed a wayleave consent with Western Power Distribution for the poles to be removed and the overhead and underground cables to be re-routed to avoid the proposed development.  However, all interested parties should make and rely upon their own services enquiries for the property and any future development. VIEWING You may view the site at any reasonable time and at your own risk.

Property details

Property type
Plot
Tenure
Freehold

Location

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1 on this map

  • Penzance Station1.3 mi
  • St. Erth Station6.5 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
3 West Terrace
Penzance TR18 5QE
Terraced
Freehold
23 Jan 2026£225,000
12 Creeping Lane
Penzance TR18 4PB
Detached
Freehold
11 Nov 2024£740,000
10 Creeping Lane
Penzance TR18 4PB
Detached
Freehold
26 Mar 2024£650,000

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£825£16,500 deposit · £148,500 loan
Stamp Duty£800England 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 Andrew Exelby Estate Agents, St Just on Rightmove (original listing). First listed 5 Mar 2025; details checked 7 Nov 2026.

Agent disclaimer

Disclaimer - Property reference S1227227. 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 Andrew Exelby Estate Agents, St Just. 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.