# 2 bedroom bungalow for sale (TR20 9HN) ## Property Details | Key | Value | |-----|-------| | Address | LITTLE GROVE, GROVE LANE, PENZANCE, PERRAN DOWNS, CORNWALL TR20 9HN | | Price | £175,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Construction age | England and Wales: 1967-1975 | | Floor area | 63 m² | | Last sold | £223,000 Apr 2023 | ## Description To be sold via auction on WEDNESDAY 22ND MARCH 2023- with Clive Emson land and property auctioneers LOT 3. For further information visit their website. This two-bedroom Semi Detached bungalow is set in mature gardens with countryside views across open fields. This property has so much potential and is in good condition throughout but is ripe for modernising and transforming into an impressive modern home. There are two double bedrooms, and the property also benefits from a garage with utility area to the rear as well as a sunny conservatory. The property also has a lot of built in storage and off road parking. Perran Downs is arguably one of the most popular and exclusive postcodes in West Cornwall. A short drive to the main town of Penzance whilst feeling completely rural. The nearby village of Goldsithney has a local shop, post office, hair dressers and two popular public houses. All major amenities including large stores and train station is in the town of Penzance which is under 6 miles away.. ## Property Photos - ![Picture No. 03](/listings/photos/132209138/558290) - Picture No. 03 - ![Picture No. 05](/listings/photos/132209138/558291) - Picture No. 05 - ![Picture No. 11](/listings/photos/132209138/558292) - Picture No. 11 - ![Picture No. 09](/listings/photos/132209138/558293) - Picture No. 09 - ![Picture No. 02](/listings/photos/132209138/558294) - Picture No. 02 - ![Picture No. 08](/listings/photos/132209138/558295) - Picture No. 08 - ![Picture No. 10](/listings/photos/132209138/558296) - Picture No. 10 - ![Picture No. 04](/listings/photos/132209138/558297) - Picture No. 04 - ![Picture No. 06](/listings/photos/132209138/558302) - Picture No. 06 - ![Picture No. 07](/listings/photos/132209138/558304) - Picture No. 07 - ![Picture No. 13](/listings/photos/132209138/558305) - Picture No. 13 - ![Picture No. 12](/listings/photos/132209138/558307) - Picture No. 12 - ![Picture No. 14](/listings/photos/132209138/558310) - Picture No. 14 - ![Picture No. 15](/listings/photos/132209138/558312) - Picture No. 15 - ![Picture No. 16](/listings/photos/132209138/558315) - Picture No. 16 - ![Picture No. 17](/listings/photos/132209138/558317) - Picture No. 17 - ![Picture No. 18](/listings/photos/132209138/558319) - Picture No. 18 - ![Picture No. 19](/listings/photos/132209138/558321) - Picture No. 19 - ![Picture No. 20](/listings/photos/132209138/558322) - Picture No. 20 ## Floorplans - ![Picture No. 22](/listings/photos/132209138/558324) - Picture No. 22 ## EPC Graphs - ![Picture No. 21](/listings/photos/132209138/558326) - Picture No. 21 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | LITTLE GROVE GROVE LANE, PERRAN DOWNS, PENZANCE, CORNWALL, TR20 9HN | £223,000 | 21/04/2023 | Semi-detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | TRE-PONS, PERRAN DOWNS, PENZANCE, CORNWALL, TR20 9HG | £260,000 | 20/07/2022 | Detached | | [Same street] JUMBANA GROVE LANE, PERRAN DOWNS, PENZANCE, CORNWALL, TR20 9HN | £300,000 | 24/05/2022 | Detached | | PINE TREES TRESCOWE ROAD, GOLDSITHNEY, PENZANCE, CORNWALL, TR20 9HR | £470,000 | 20/12/2021 | Detached | | MONTERRY, PERRAN DOWNS, PENZANCE, CORNWALL, TR20 9HQ | £600,000 | 26/11/2021 | Detached | | FIELD HOUSE RED LANE, ROSUDGEON, PENZANCE, CORNWALL, TR20 9PU | £369,000 | 29/06/2021 | Detached | | LITTLE MEADOW 1 BAMPFYLDE WAY, PERRAN DOWNS, PENZANCE, CORNWALL, TR20 9JJ | £450,000 | 18/06/2021 | Detached | | GORSEY LEAZE, PERRAN DOWNS, PENZANCE, CORNWALL, TR20 9HJ | £620,000 | 18/06/2021 | Detached | **Street average:** £300,000 (1 sale) **Area average:** £461,500 (6 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £471,906 (16 Detached, TR20, 2024–2026) - **Deviation:** -62.9% ## Rental Range *ONS Price Index of Private Rents (Cornwall). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £902/mo - **Realistic:** £1,002/mo - **Optimistic:** £1,102/mo ## 1% Rule - **Rent ratio:** 0.57% (weak for cashflow) - **Max investor price (0.8%):** £125,250 - **Target investor price (1%):** £100,200 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.* ## Price per Square Metre - **£/m²:** £2,778/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 1.7% - **10y growth:** 57.7% ## House Price Index (HM Land Registry) *Official index for Cornwall; Detached series; as of March 2026.* - **1y growth (index):** -1.9% - **5y growth (index):** 9.9% - **10y growth (index):** 34.6% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)