Residential properties with potential in the Penzance area are heading for auction in early February.

They are among 174 lots in the first sale of 2025 by Clive Emson Land and Property Auctioneers taking place on Thursday, February 6.

A semi-detached two-bedroom house in Mounts Bay Road, Penzance, has a freehold guide of £160,000 plus.

Auctioneer David Henwood said: “This property offers well-proportioned accommodation over two floors.

“It requires a comprehensive programme of improvement works which may appeal to local builders or an investor who wishes to renovate and make the property available for resale or letting.”

The house is being auctioned in arrangement with MAP Estate Agents.

  • In Newlyn, a character cottage in The Fradgan has a freehold guide of £150,000 plus.

With two bedrooms, the property also requires improvement. It is being auctioned in arrangement with Stacey Mann Estate Agents.

The Fradgan, Newlyn.
The Fradgan, Newlyn (Clive Emson Land and Property Auctioneers)
  • Higher Carvossa Bungalow, at Blowing House Hill, Ludgvan, has a freehold guide of £140,000 plus.

It is a detached two-bedroom property.

David said: “This property has plenty of potential in a pleasant and sought-after semi-rural location.

Higher Carvossa Bungalow, Ludgvan Penzance.
Higher Carvossa Bungalow, Ludgvan, near Penzance. (Clive Emson Land and Property Auctioneers)

“It is located on an overgrown site and now requires complete updating throughout. Alternatively, some may see potential for demolition and replacement, subject to all necessary consents being obtainable.”

It is being auctioned in arrangement with Stacey Mann Estate Agents.

  • An end-terrace in Wood Street, Penzance, with two bedrooms, has a freehold guide of £150,000 plus.

It is being auctioned in arrangement with MAP Estate Agents.

1 Wood Street, Penzance.
1 Wood Street, Penzance (Clive Emson Land and Property Auctioneers)

The first auction of eight in 2025 by the firm concludes on February 6, with bidding live from Tuesday, February 4.

For more information on these properties, visit: www.cliveemson.co.uk