About This Property

Discover what makes this home special

Moresby is a charming three-bedroom, two-bathroom family home situated in a growing residential development near Penzance, Cornwall. Offering a well-designed layout, the property features a spacious lounge with a dedicated work-from-home area, a modern kitchen/dining space with integrated appliances, and a convenient downstairs WC. Upstairs, the master bedroom benefits from an en-suite bathroom, complemented by two additional bedrooms and a family bathroom. The rear garden faces south-east, ensuring pleasant morning and early afternoon sunlight, ideal for outdoor relaxation.

Located just under two miles from Penzance town centre, this home provides a peaceful setting while maintaining accessibility to local amenities and transport links. The nearby Penzance railway station offers connections to Truro, St Ives, and beyond, making it suitable for commuters and families alike. With ongoing residential expansion and town centre regeneration plans, the area presents promising growth potential for homeowners and investors.

Property Features

This property boasts a practical and modern layout tailored for family living and remote work. The open-plan kitchen/dining area is bright and spacious, perfect for entertaining and daily meals. The dedicated work-from-home corner in the lounge adds flexibility for professionals. Upstairs, the master bedroom’s en-suite offers privacy and convenience, while additional bedrooms provide ample space for family or guests. The south-east facing garden ensures good sunlight exposure during mornings and early afternoons, enhancing outdoor enjoyment.

Three bedroomsTwo bathroomsEn-suiteOpen-plan kitchen/diningLounge with work-from-home spaceSouth-east facing garden+2

Local Amenities

The property benefits from proximity to essential amenities including well-regarded schools such as Penzance Primary and Humphry Davy School, making it ideal for families. Shopping needs are met by nearby Morrisons supermarket and other local stores. Outdoor enthusiasts will appreciate the close access to Penlee Park and the iconic Jubilee Pool for leisure activities. The area also offers a variety of local pubs and cafes, fostering a strong community atmosphere. While the walk score is moderate due to the semi-rural setting, the convenience of nearby transport and amenities balances this well.

Penzance Railway StationPenzance Primary SchoolHumphry Davy SchoolMorrisons SupermarketJubilee PoolPenlee Park+1
Penzance Railway Station Train Station (1.8 miles, 7 mins drive) • 7 mins by car to Penzance

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£389,995
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£389,995
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
65/100
ChallengingModerateGoodExcellent
Appealing holiday rental potential
Limited direct international transport links
Growing local economy

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
Specialist international mortgagesSpeak to a broker experienced with non-UK resident buyers
Get Advice
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£389,995
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
8.4%
Based on £2,730/mo rent
Area Price Growth
+3.2%
Average annual increase
5-Year Value Forecast
£456,075
+£66,080 projected gain
5-Year Rent Forecast
£3,354/mo
Based on 4.2% annual growth
Price per Sq Ft£411
Annual Rent Income£32,760
10-Year ROI336%
Break-Even Point9 yrs

Property Value Projection

Based on 3.2% annual growth
£456,075
5yr
£533,352
10yr
£623,723
15yr
£729,406
20yr
£852,996
25yr
Current: £389,995

Monthly Rental Income

Based on 4.2% annual growth
£3,354
5yr
£4,119
10yr
£5,060
15yr
£6,216
20yr
£7,636
25yr
Current: £2,730/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplans

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

Penzance
N/A
7 mins
Truro
45 mins
50 mins
St Ives
20 mins
25 mins

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
7h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Lounge
Morning Excellent
Afternoon Moderate
Evening Low
Kitchen/Dining
Morning Good
Afternoon Excellent
Evening Moderate
Bedroom 1
Morning Good
Afternoon Moderate
Evening Low

Location Scores

45
Walk Score
Car-Dependent
35
Transit Score
Some Transit
40
Bike Score
Somewhat Bikeable
View Location Details

Future Developments Nearby

Residential+Positive Impact
Hillhead Road Residential Expansion
On-siteEst. 2025
Commercial/TransportModerate Positive Impact
Penzance Town Centre Regeneration
2 milesEst. 2027
* Information based on local planning applications and may be subject to change

Loading location insights...

£389,995
AvailableNB0000038627
View Location Analytics

Moresby

Falmouth, Falmouth TR11 5PA
Pen Bethan
3
Bedrooms
2
Bathrooms
950
Est. Sq ft
house
Type

Developer

Barratt Homes
Available Plot Numbers
83
1 plot(s) available
Ownershipfreehold

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Moresby Falmouth£389,995

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