Sold STC Terraced

27 CALDWELLS ROAD

PENZANCE, CORNWALL TR18 2BW

2 beds 1 baths 58 m² Listed 3 Apr 2025 (-417d)

£235,000

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# 2 bedroom terraced house for sale (TR18 2BW)

## Property Details

| Key | Value |
|-----|-------|
| Address | 27 CALDWELLS ROAD, PENZANCE, CORNWALL TR18 2BW |
| Price | £235,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | B |
| Last sold | £227,500 Sep 2025 |

## Description

Accommodation to the ground floor comprises a light and spacious lounge diner, kitchen with ample storage and worksurface area and a bathroom.

To the upstairs you will find two bedrooms which are both comfortable doubles.

To the outside of the property you will find a courtyard garden which is the perfect spot for alfresco dining during the summer months.

Agents Note: Mobile Signal: Indoor: voice and data likely from 02, EE and Vodafone. Voice likely from Three but limited data. Outdoor: Voice and data likely from all providers.

## Property Photos

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## Floorplans

- ![Focal Integrated](/listings/photos/160197806/427342) - Focal Integrated

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/160197806/427343) - EPC Rating Graph

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 27 CALDWELLS ROAD, PENZANCE, CORNWALL, TR18 2BW | £227,500 | 04/09/2025 | Terraced |
| 27 CALDWELLS ROAD, PENZANCE, CORNWALL, TR18 2BW | £162,950 | 30/07/2018 | Terraced |
| 27 CALDWELLS ROAD, PENZANCE, CORNWALL, TR18 2BW | £150,000 | 22/02/2017 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 14 TOLVER PLACE, PENZANCE, CORNWALL, TR18 2AD | £390,000 | 05/01/2026 | Terraced |
| 26 TOLVER ROAD, PENZANCE, CORNWALL, TR18 2AQ | £365,000 | 08/12/2025 | Terraced |
| 1 RICHMOND STREET, PENZANCE, CORNWALL, TR18 2PP | £150,000 | 04/12/2025 | Terraced |
| 36 ROSEVEAN ROAD, PENZANCE, CORNWALL, TR18 2DX | £230,000 | 27/11/2025 | Terraced |
| 45 CALDWELLS ROAD, PENZANCE, CORNWALL, TR18 2BP | £220,000 | 18/12/2023 | Terraced |
| 71 CALDWELLS ROAD, PENZANCE, CORNWALL, TR18 2BP | £185,000 | 24/11/2023 | Terraced |
| 23 ST MARYS STREET, PENZANCE, CORNWALL, TR18 2DJ | £250,000 | 23/11/2023 | Terraced |
| 2 ST PHILIP STREET, PENZANCE, CORNWALL, TR18 2DN | £225,000 | 10/11/2023 | Terraced |
| 12 ST WARREN STREET, PENZANCE, CORNWALL, TR18 2DW | £135,000 | 29/09/2023 | Terraced |
| 6 ST MARYS STREET, PENZANCE, CORNWALL, TR18 2DH | £345,000 | 26/05/2023 | Terraced |
| [Same street] 32 CALDWELLS ROAD, PENZANCE, CORNWALL, TR18 2BW | £186,000 | 13/03/2023 | Terraced |
| 10 ROSEVEAN ROAD, PENZANCE, CORNWALL, TR18 2DY | £237,500 | 24/02/2023 | Terraced |
| 15 RICHMOND STREET, PENZANCE, CORNWALL, TR18 2PP | £293,000 | 24/02/2023 | Terraced |
| 17 RICHMOND STREET, PENZANCE, CORNWALL, TR18 2PP | £247,000 | 07/12/2022 | Terraced |
| 2 ST WARREN STREET, PENZANCE, CORNWALL, TR18 2DW | £245,000 | 05/12/2022 | Terraced |
| 6 ST DOMINIC STREET, PENZANCE, CORNWALL, TR18 2DL | £242,000 | 28/11/2022 | Terraced |
| 21 TOLVER ROAD, PENZANCE, CORNWALL, TR18 2AG | £377,000 | 31/10/2022 | Terraced |
| 4 BARWIS HILL, PENZANCE, CORNWALL, TR18 2AL | £229,950 | 30/09/2022 | Terraced |
| 5 ST WARREN STREET, PENZANCE, CORNWALL, TR18 2DW | £227,000 | 31/08/2022 | Terraced |
| 5 CALDWELLS ROAD, PENZANCE, CORNWALL, TR18 2BN | £250,000 | 03/08/2022 | Terraced |
| 26 ST DOMINIC STREET, PENZANCE, CORNWALL, TR18 2DL | £182,000 | 29/07/2022 | Terraced |
| [Same street] 34 CALDWELLS ROAD, PENZANCE, CORNWALL, TR18 2BW | £220,000 | 26/11/2021 | Terraced |
| [Same street] 35 CALDWELLS ROAD, PENZANCE, CORNWALL, TR18 2BW | £224,500 | 22/11/2021 | Terraced |

**Street average:** £210,167 (3 sales)
**Area average:** £251,273 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £271,715 (33 Terraced, TR18, 2024–2026)
- **Deviation:** -13.5%

## 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

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Terraced House, St James Street, TR18 | £1,100/mo | 2 | 0.19 miles | OpenRent |
| 2 Bed Terraced House, High St, TR18 | £910/mo | 2 | 0.24 miles | OpenRent |
| 2 Bed Semi-Detached House, Penrose Terrace, TR18 | £1,000/mo | 2 | 0.24 miles | OpenRent |
| 2 Bed Flat, Market Jew Street, TR18 | £775/mo | 2 | 0.25 miles | OpenRent |
| 2 Bed Flat, Causewayhead, TR18 | £850/mo | 2 | 0.26 miles | OpenRent |
| 2 Bed Flat, Market Jew St, TR18 | £950/mo | 2 | 0.27 miles | OpenRent |
| 2 Bed Flat, Wharf House Wharf Road, TR18 | £1,250/mo | 2 | 0.29 miles | OpenRent |
| 2 Bed Flat, Green Market, TR18 | £875/mo | 2 | 0.3 miles | OpenRent |
| 2 Bed Flat, The Old Bakehouse, TR18 | £880/mo | 2 | 0.37 miles | OpenRent |
| 2 Bed Terraced House, Queen Street, TR18 | £825/mo | 2 | 0.43 miles | OpenRent |
| 2 Bed Terraced House, Queen St, TR18 | £895/mo | 2 | 0.43 miles | OpenRent |

**Average rent: £937/mo (11 listings)**

## 1% Rule

- **Rent ratio:** 0.38% (weak for cashflow)
- **Max investor price (0.8%):** £111,875
- **Target investor price (1%):** £89,500

*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 OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £895/mo).*

- **Gross yield:** 4.6%
- **Cost-to-rent:** 21.9×
- **Monthly cashflow:** £-145/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -2.6%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 12%
- **10y growth:** 32.7%

## House Price Index (HM Land Registry)

*Official index for Cornwall; Terraced series; as of February 2026.*

- **1y growth (index):** -2.1%
- **5y growth (index):** 9.8%
- **10y growth (index):** 38.3%

## 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)

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Property details

Tenure

FREEHOLD

Floor area

58 m²

Council tax band

Last sold

£227,500 Sep 2025

Local average

£271,715 (-13.5%)

Deprivation

Decile 3 (10,028 of 33,755)

Street crime

164 incidents within 1 mile (Mar 2026)

Key features

Well Presented Two Bed Terrace
UPVC Double Glazing
Gas Central Heating
Courtyard Garden
Perfect Investment or First Time Buy
FREEHOLD
Walking Distance to Town, Gardens, Beaches and Transport Links
Walking Distance to Primary and Secondary Schools

Additional details

Electricity: Mains supply
Water: Mains supply
Sewerage: Mains supply
Heating: Gas central
Garden: Yes

Description

Welcome to this immaculate two bedroom terraced house situated on a popular residential street in the heart of Penzance. This property would make the perfect first time purchase or investment and an early viewing is highly advised.

Accommodation to the ground floor comprises a light and spacious lounge diner, kitchen with ample storage and worksurface area and a bathroom.

To the upstairs you will find two bedrooms which are both comfortable doubles.

To the outside of the property you will find a courtyard garden which is the perfect spot for alfresco dining during the summer months.

Agents Note: Mobile Signal: Indoor: voice and data likely from 02, EE and Vodafone. Voice likely from Three but limited data. Outdoor: Voice and data likely from all providers.

Listed by

Penzance

Countrywide UK Sales - Connells

Reference: 160197806

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Focal Integrated

EPC Graphs

EPC Rating Graph

Price history

52% since 2017

Event	Date	Price	% change
Sold	04/09/2025 (8 months ago)	£227,500	+39.6%
Sold	30/07/2018 (7 years ago)	£162,950	+8.6%
Sold	22/02/2017 (9 years ago)	£150,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
14 TOLVER PLACE, PENZANCE, CORNWALL, TR18 2AD	£390,000	05/01/2026	Terraced
26 TOLVER ROAD, PENZANCE, CORNWALL, TR18 2AQ	£365,000	08/12/2025	Terraced
1 RICHMOND STREET, PENZANCE, CORNWALL, TR18 2PP	£150,000	04/12/2025	Terraced
36 ROSEVEAN ROAD, PENZANCE, CORNWALL, TR18 2DX	£230,000	27/11/2025	Terraced
45 CALDWELLS ROAD, PENZANCE, CORNWALL, TR18 2BP	£220,000	18/12/2023	Terraced
71 CALDWELLS ROAD, PENZANCE, CORNWALL, TR18 2BP	£185,000	24/11/2023	Terraced
23 ST MARYS STREET, PENZANCE, CORNWALL, TR18 2DJ	£250,000	23/11/2023	Terraced
2 ST PHILIP STREET, PENZANCE, CORNWALL, TR18 2DN	£225,000	10/11/2023	Terraced
12 ST WARREN STREET, PENZANCE, CORNWALL, TR18 2DW	£135,000	29/09/2023	Terraced
6 ST MARYS STREET, PENZANCE, CORNWALL, TR18 2DH	£345,000	26/05/2023	Terraced
Same street 32 CALDWELLS ROAD, PENZANCE, CORNWALL, TR18 2BW	£186,000	13/03/2023	Terraced
10 ROSEVEAN ROAD, PENZANCE, CORNWALL, TR18 2DY	£237,500	24/02/2023	Terraced
15 RICHMOND STREET, PENZANCE, CORNWALL, TR18 2PP	£293,000	24/02/2023	Terraced
17 RICHMOND STREET, PENZANCE, CORNWALL, TR18 2PP	£247,000	07/12/2022	Terraced
2 ST WARREN STREET, PENZANCE, CORNWALL, TR18 2DW	£245,000	05/12/2022	Terraced
6 ST DOMINIC STREET, PENZANCE, CORNWALL, TR18 2DL	£242,000	28/11/2022	Terraced
21 TOLVER ROAD, PENZANCE, CORNWALL, TR18 2AG	£377,000	31/10/2022	Terraced
4 BARWIS HILL, PENZANCE, CORNWALL, TR18 2AL	£229,950	30/09/2022	Terraced
5 ST WARREN STREET, PENZANCE, CORNWALL, TR18 2DW	£227,000	31/08/2022	Terraced
5 CALDWELLS ROAD, PENZANCE, CORNWALL, TR18 2BN	£250,000	03/08/2022	Terraced
26 ST DOMINIC STREET, PENZANCE, CORNWALL, TR18 2DL	£182,000	29/07/2022	Terraced
Same street 34 CALDWELLS ROAD, PENZANCE, CORNWALL, TR18 2BW	£220,000	26/11/2021	Terraced
Same street 35 CALDWELLS ROAD, PENZANCE, CORNWALL, TR18 2BW	£224,500	22/11/2021	Terraced

Street average: £210,167 (3 sales)

Area average: £251,273 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 12%

10y growth 32.7%

House Price Index (HM Land Registry — official index, not sold-price averages): Cornwall. Series: Terraced. As of February 2026.

1y (index) -2.1%

5y (index) 9.8%

10y (index) 38.3%

Rental Range

Estimated market rent for Cornwall. Low = conservative, Realistic = average, Optimistic = best case.

Low £902/mo

Realistic £1,002/mo

Optimistic £1,102/mo

Based on Local Authority from postcode lookup → Cornwall.

Location

Map view View on Google Maps View on OpenStreetMap Street View TR18 2BW

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Tremenhere Road	0.1 miles
Bus stop	High Street	0.1 miles
Shop	Penzance Launderette	0.1 miles
Shop	Unknown	0.1 miles
Hospital	West Cornwall Hospital (Penzance)	0.2 miles
Train station	Penzance	0.3 miles
Train station	St Erth	5.4 miles
Hospital	St. Michael's Hospital	6.5 miles

Street-level crime

Category	Count
Violence and sexual offences	60
Shoplifting	26
Anti-social behaviour	24
Criminal damage and arson	13
Other theft	13
Public order	9
Drugs	5
Burglary	3
Possession of weapons	3
Other crime	2
Theft from the person	2
Vehicle crime	2
Bicycle theft	1
Robbery	1
Total incidents	164

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Humphry Davy School	Secondary	0.2 miles	Good — 25 Jun 2023
St Mary's Catholic School, Penzance	Primary	0.3 miles	Good — 1 Nov 2018
Penwith Alternative Provision Academy	Other	0.3 miles	Inadequate — 4 Dec 2022
Pensans Community Primary School	Primary	0.4 miles	Requires improvement — 21 May 2024
Nancealverne School	Other	0.5 miles	Good — 24 Oct 2014

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed Terraced House, St James Street, TR18	£1,100/mo	2	0.19 miles	OpenRent
2 Bed Terraced House, High St, TR18	£910/mo	2	0.24 miles	OpenRent
2 Bed Semi-Detached House, Penrose Terrace, TR18	£1,000/mo	2	0.24 miles	OpenRent
2 Bed Flat, Market Jew Street, TR18	£775/mo	2	0.25 miles	OpenRent
2 Bed Flat, Causewayhead, TR18	£850/mo	2	0.26 miles	OpenRent
2 Bed Flat, Market Jew St, TR18	£950/mo	2	0.27 miles	OpenRent
2 Bed Flat, Wharf House Wharf Road, TR18	£1,250/mo	2	0.29 miles	OpenRent
2 Bed Flat, Green Market, TR18	£875/mo	2	0.3 miles	OpenRent
2 Bed Flat, The Old Bakehouse, TR18	£880/mo	2	0.37 miles	OpenRent
2 Bed Terraced House, Queen Street, TR18	£825/mo	2	0.43 miles	OpenRent
2 Bed Terraced House, Queen St, TR18	£895/mo	2	0.43 miles	OpenRent

Average rent: £937/mo (11 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.38%

Max investor price (0.8%) £111,875

Target investor price (1%) £89,500

Gross yield 4.6%

Cost-to-rent ratio 21.9×

Monthly cashflow £-145/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -2.6%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).