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For sale
£169,950

Penlee Street, Penzance, TR18 2DE

2bedrooms
1bathroom
Terracedtype
Freeholdtenure

Listed 9 Sept 2026 · Penzance

How the price compares

This home£169,950
Median 2 bed in TR18£230k103 homes listed · £314 per sq ft
Difference-26%below the area median

About this home

This chain-free two-bedroom terraced house represents an excellent opportunity for first-time buyers, investors or anyone looking for a property they can improve and make their own. The ground floor comprises a living room to the front, with a separate dining room beyond. To the rear is the kitchen, with the bathroom also positioned on the ground floor. On the first floor are two double bedrooms, providing surprisingly generous sleeping accommodation for a property at this price point. Outside, there is a small enclosed courtyard to the rear, providing a useful and easily maintained outside space. The property would benefit from general modernisation and cosmetic updating throughout, but offers plenty of potential to create a lovely home. With no onward chain and a realistic asking price, this could make a particularly good first-time purchase or investment.

Walking distance to the town centre, train and bus station this property is ideally situated on the fringe of Penzance. 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.

Wooden door into:

Entrance Hall Period tiling, gas meter.

Lounge 2.64m x 3.3m Radiator, power points. Upvc double-glazed window to front, wooden flooring. Woodburner on slate hearth, alcove to one side.

Reception Room 2 2.44m x 3.96m Power points, wooden flooring. Fireplace. Radiator. TV aerial. Double-glazed Upvc sash style slider window to rear. Understairs storage cupboard. Stairs rising.

Kitchen 2.16m x 2.08m Fitted base and eye level units, power points, tiled floor. Sink with drainer and mixer taps. Space for electric cooker. Upvc double-glazed frosted door to rear.

Bathroom 1.24m x 2.13m Wash hand basin, w/c, bath with mixer taps, and electric shower over. Tiled floor. Upvc double-glazed window to side.

First Floor

Landing Loft access. Boiler.

Bedroom 2 2.44m x 3.07m Upvc double-glazed sash style window to rear. Feature fireplace. Radiator, power points.

Bedroom 1 4m x 2.46m Radiator, power points. 2 Upvc double-glazed sash style window to front.

Courtyard Gate to rear service lane, BT fibre box. Tap.

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

Council Tax: Band B.

Property details

Property type
Terraced
Council tax band
B
Tenure
Freehold
Garden
Yes

Floorplan

Floorplan

Location

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  • Penzance Station0.2 mi
  • St. Erth Station5.3 mi
  • Lelant Saltings Station5.7 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
2 Penlee Street
Penzance TR18 2DE
Terraced
Freehold
27 Feb 2026£115,000
17 Penlee Street
Penzance TR18 2DE
Terraced
Freehold
6 Feb 2026£195,000
29 Penlee Street
Penzance TR18 2DE
Terraced
Freehold
7 May 2025£170,000
Corner Cottage, 43, Penlee Street
Penzance TR18 2DE
Terraced
Freehold
15 Nov 2024£175,000

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£850£16,995 deposit · £152,955 loan
Stamp Duty£899England 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 9 Sept 2026; details checked 7 Nov 2026. Latest change: added on 09/09/2026.

Agent disclaimer

Disclaimer - Property reference SME260160. 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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