Lot 20 - Cote View Alexandra Road, Penzance, Cornwall, TR18 4LY
- Unconditional Online Auction Sale
- Guide Price* : £14,000+
- Bedrooms: 2
- Bathrooms: 1
- Reception Rooms: 1
Waiting for video...
View a Walkthrough of the Property
Lot 20 - Sea View Apartment for Owner Occupation/Investment
Description
ONLINE AUCTION from 10th MARCH-12th MARCH
A beautiful sea view 2 bedroom apartment in the popular area of Penzance, Cornwall.This is a 2 bedroom apartment right on the sea front with on road parking. This property will make a fantastic holiday rental or for owner occupancy. It is a large property with high ceilings promoting an airy space. In addition to the 2 bedrooms, this apartment also has a bathroom, lounge and kitchen.
It is already refurbished to a good standard, and with furniture and personal touches, it is ready to list. This property will do well on sites such as Airbnb and Booking.com. Alternatively a local agent could supply a fully managed service.
The apartment can accommodate a family of 4 comfortably, or with the addition of a sofa bed, a family of 6. In peak season you could look to rent this property for around £1,800 - £2,200 per week, and in off peak, around £1,000 – £1,300 per week. (These figures are taken from comparable of similar properties). Shorter stays are equally as popular and can generate higher returns.
Changeover costs on average can be around £60 - £70 per clean including laundry.
Penzance is a seaport and popular resort town in Cornwall, located near Land's End, where thousands of tourists go each year to explore the area. It's a well-known resort town known for its promenade, clean beaches, and a temperate climate that supports gardens with tropical plants. People visit Penzance for its historic charm, access to iconic sights like St. Michael's Mount, beautiful beaches, and the Jubilee Pool. The town is also known as a gateway to exploring West Cornwall, its art and cultural scene, unique shops, and growing culinary offerings, making it a popular destination for both short breaks and longer holidays.
You must come and view this property to appreciate the amazing location and spectacular views on offer!
There are some images in the listing that are CGI’s and this is to give you an idea of what the property could look like once it is furnished.
Ground Rent:
£1.00 annually
Service Charge
No service charge
What3Words - meanders.journals.returns
Video tour
Lease Start Date
01/02/2026
Lease Duration
999 years (999 years unexpired)
Tenancies
To be sold with vacant possession
Tenure
Advised Leasehold - to be verified by solicitor.
999 year new lease with a share of the freehold.
Auction Fees And Additional Costs
Auction fees: The sale of each lot is subject to a buyer’s premium/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) including VAT unless otherwise stated.
Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Loading the bidding panel...
Viewing
Office Contact
Documents
- Terms and Conditions for Unconditional and Conditional Online Auctions
- Reservation Fees & Deposits Explained
- Buyers Guide for Unconditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
Legal Documents
Log in to view legal documentsRelated Documents
Virtual Tour
View a Virtual Tour
Auction Finance
As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.
If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.
Follow
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.