Compact, cost‑effective city flat ideal for first buyers or buy‑to‑let investors.
- Prominent bay window with street views and good natural light
- Two bedrooms and open-plan 19' x 12' lounge/kitchen
- Communal rear sun terrace accessed via gated communal area
- Long lease (999 years from 29/08/2019) and EPC C
- Low running costs: service charge £380 pa, ground rent £50 pa
- No parking and compact internal size (~47 sq m / 506 sq ft)
- Very slow broadband (ADSL copper) despite good mobile signal
- Higher local crime levels; consider security measures
A compact two-bedroom first-floor apartment in the heart of Penzance, arranged around an open-plan lounge/kitchen with a prominent bay window overlooking Market Jew Street. At approximately 47 square metres, the layout offers straightforward living space with good natural light and direct communal access to a rear sun terrace.
Practical running costs are modest: EPC rated C, council tax band A and a long lease (999 years from 2019). Service charge and ground rent are low (£380 pa and £50 pa respectively), which helps keep ongoing costs down for a first-time buyer or investor.
There are trade-offs to consider. The flat is small and city-centre positioned, with no parking and very slow broadband (ADSL copper). The area records higher crime levels, so buyers should factor location-related precautions into their plans. The building is period stone-built and would benefit from cosmetic updating to maximise comfort or rental income.
Overall this is a sensible, budget-friendly entry to homeownership or buy-to-let in central Penzance — good lease terms and low charges provide security, while the size and urban setting limit suitability for those needing outdoor space or high-speed internet.
2 bedroom apartment for sale in Victoria Place, Penzance, TR18 4BP, TR18 — £165,000 • 2 bed • 1 bath • 337 ft²
2 bedroom apartment for sale in Jennings Street, Penzance, TR18 2GZ, TR18 — £400,000 • 2 bed • 2 bath • 640 ft²
1 bedroom flat for sale in Leskinnick Place, Penzance, Cornwall, TR18 — £130,000 • 1 bed • 1 bath • 411 ft²
2 bedroom terraced house for sale in Belgravia Street, Penzance, TR18 2BJ, TR18 — £257,950 • 2 bed • 1 bath • 840 ft²
2 bedroom end of terrace house for sale in Leskinnick Street, Penzance, TR18 2HA, TR18 — £160,000 • 2 bed • 1 bath • 603 ft²
1 bedroom flat for sale in Green Market, Penzance, TR18 — £125,000 • 1 bed • 1 bath • 515 ft²






































