Guide price
£450,000
8 bed terraced house for saleWarwick House, 16A Morrab Place, Penzance, Cornwall TR18
8 beds
8 baths
Auction
Freehold
About this property
For Sale By Auction on 21st May at 14:30 unless sold prior or withdrawn.
To inspect the legal documents for this property please see the more information section below or visit our website.
A sizeable mid terrace Grade II Listed period property having a walled front terraced garden and rear courtyard in this sought after location, with accommodation arranged over five floors, currently fully let as a licensed HMO with two self contained flats and six further letting units, each having their own allocated shower rooms, currently generating a combined income £60,120 pae, rising to £5,390 pcm/£64,680 pae from 12th May 2026. The rental income includes Council Tax, WiFi and water, with electricity for each unit on pay as you go meters.
Situated
Morrab Place is a sought after residential location, in close proximity of Morrab Gardens, the Promenade and sea front, along with the vibrant town centre of Penzance offering a wide range of bespoke shops, cafes and restaurants, superstores and a mainline railway station.
Accommodation
Basement Floor: Unit 1 - Entrance hall, kitchen, living room, bedroom and shower room.
Ground Floor: Main entrance hall. Unit 2 - Open plan bedsit with kitchenette. Unit 3 - Open plan bedsit with kitchenette. Shower room serving Unit 3.
First Floor: Landing, Unit 4: Open plan bedsit with kitchenette. Shower room serving Unit 4. Unit 5 - Open plan bedsit with kitchenette and en-suite shower room. Shower room serving Unit 2.
Second Floor: Landing, Unit 6 - Open plan bedsit with kitchenette. Shower room serving Unit 6. Unit 7 - Open plan bedsit with kitchenette and en-suite shower room.
Attic Floor: Unit 8 - Entrance hall, bedsitting room with kitchenette and en-suite shower room.
EPC Rating
Unit 1 - E, Unit 2 - E, Unit 3 - E, Unit 4 - E, Unit 5 - D, Unit 6 - E, Unit 7 - D, Unit 8 D.
Council Tax Band
D
get ready to bid by visiting the auctioneers website
guide prices & reserve prices
Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the m
Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
To inspect the legal documents for this property please see the more information section below or visit our website.
A sizeable mid terrace Grade II Listed period property having a walled front terraced garden and rear courtyard in this sought after location, with accommodation arranged over five floors, currently fully let as a licensed HMO with two self contained flats and six further letting units, each having their own allocated shower rooms, currently generating a combined income £60,120 pae, rising to £5,390 pcm/£64,680 pae from 12th May 2026. The rental income includes Council Tax, WiFi and water, with electricity for each unit on pay as you go meters.
Situated
Morrab Place is a sought after residential location, in close proximity of Morrab Gardens, the Promenade and sea front, along with the vibrant town centre of Penzance offering a wide range of bespoke shops, cafes and restaurants, superstores and a mainline railway station.
Accommodation
Basement Floor: Unit 1 - Entrance hall, kitchen, living room, bedroom and shower room.
Ground Floor: Main entrance hall. Unit 2 - Open plan bedsit with kitchenette. Unit 3 - Open plan bedsit with kitchenette. Shower room serving Unit 3.
First Floor: Landing, Unit 4: Open plan bedsit with kitchenette. Shower room serving Unit 4. Unit 5 - Open plan bedsit with kitchenette and en-suite shower room. Shower room serving Unit 2.
Second Floor: Landing, Unit 6 - Open plan bedsit with kitchenette. Shower room serving Unit 6. Unit 7 - Open plan bedsit with kitchenette and en-suite shower room.
Attic Floor: Unit 8 - Entrance hall, bedsitting room with kitchenette and en-suite shower room.
EPC Rating
Unit 1 - E, Unit 2 - E, Unit 3 - E, Unit 4 - E, Unit 5 - D, Unit 6 - E, Unit 7 - D, Unit 8 D.
Council Tax Band
D
get ready to bid by visiting the auctioneers website
guide prices & reserve prices
Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the m
Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
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