3 Bed Detached House, Cash/Bridging Only, Helston, TR12 6LX, £335,000

6 Lanheverne Parc, Helston, Cornwall, TR12 6LX - a year ago

Under Offer
Cash
~93 m²
+15 photos

ValuationOvervalued

Sold Prices£175K - £902.5K
Sold Prices/m²£2.2K/m² - £6.9K/m²

 

 

Square Metres

~93 m²
Price/m²£3.6K/m²

Value Estimate

£307,359

 

 

End Value (After Refurb)

£308,875

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£83,750

Stamp Duty & Legal Fees

£16,700

Refurb Costs

£40,580

Bridging Loan Interest

£8,794

Total Cash In

£151,573

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£308,875

Mortgage (After Refinance)

£231,656

Mortgage LTV

75%

Cash Left In

£151,573

Equity

£77,219

Rent Range

No enough data locally

Rent Estimate

~£400

Running Costs/mo

£1,065

Cashflow/mo

£-665

Cashflow/yr

£-7,983

Gross Yield

1%

Local Sold Prices

24 sold prices from £175K to £902.5K, average is £302.5K. £2.2K/m² to £6.9K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£275K06/210.05 mi6, Doctors Hill, St Keverne, Helston, Cornwall TR12 6UX3
£265K11/200.09 mi15, Tregonning Parc, St Keverne, Helston, Cornwall TR12 6QF3
£280K08/230.09 mi20, Tregonning Parc, St Keverne, Helston, Cornwall TR12 6QF3
£175K12/220.14 mi60, Treskewes Estate, St Keverne, Helston, Cornwall TR12 6RA3
£183K03/220.15 mi23, Treskewes Estate, St Keverne, Helston, Cornwall TR12 6RA3
£175K06/210.22 mi4, Lemon Street, St Keverne, Helston, Cornwall TR12 6NG3
£175K06/210.22 mi4, Lemon Street, St Keverne, Helston, Cornwall TR12 6NG3
£275K10/230.22 miThe House, Lemon Street, St Keverne, Helston, Cornwall TR12 6NG3
£200K05/210.29 mi6, Tregellast Parc, St Keverne, Helston, Cornwall TR12 6PD3
£230K03/210.44 mi5, Coronation Cottages, St Keverne, Helston, Cornwall TR12 6QS3
£620K03/211.16 miThe Bungalow, Porthoustock, St Keverne, Helston, Cornwall TR12 6QW3
£455K06/211.16 miTrevalza Cottage, Porthoustock, St Keverne, Helston, Cornwall TR12 6QW3
£325K02/211.29 miRutherglen, Porthallow, St Keverne, Helston, Cornwall TR12 6PP3
£485K08/231.34 miWreckers Corner, Porthallow, St Keverne, Helston, Cornwall TR12 6PN3
£231.7K03/231.83 miPenwrea, Polcoverack Lane, Coverack, Helston, Cornwall TR12 6TD3
£750K12/221.89 miGreystone, The Cove, Coverack, Helston, Cornwall TR12 6SX3
£500K12/201.97 miChy-an-deu, School Hill, Coverack, Helston, Cornwall TR12 6SA3
£675K05/211.97 miMorva, School Hill, Coverack, Helston, Cornwall TR12 6SA3
£902.5K03/231.98 miProspect Cottage, Sunny Corner, Coverack, Helston, Cornwall TR12 6SZ3
£405K12/202.13 miMyrtle Cottage, Gillan, Manaccan, Helston, Cornwall TR12 6HE3
£450K01/242.2 miSarnia, Trevothen, Coverack, Helston, Cornwall TR12 6SD3
£650K01/242.2 miGarden Cottage, Trevothen, Coverack, Helston, Cornwall TR12 6SD3
£378.8K06/212.23 miSarnia, Trevothen, Coverack, Helston, Cornwall TR12 6SD3
£210K07/232.88 mi2, Minster Terrace, Manaccan, Helston, Cornwall TR12 6JJ3

Local Rents

Not enough data

Local Area Statistics

Population in TR12

9,482

Population in Helston

29,289

Town centre distance

8.59 miles away

Nearest school

0.20 miles away

Nearest train station

6.91 miles away

 

 

Rental growth (12m)

+12%

Sales demand

Buyer's market

Capital growth (5yrs)

+64%

Property History

Price changed to £335,000

December 4, 2024

Listed for £350,000

January 12, 2024

Sold for £159,000

2002

Floor Plans

Description

Presented in good order, both internally and externally, the property offers the basis of a lovely family home in a well regarded residential area of the village. From many points in the property a lovely outlook can be enjoyed, over the top of other properties, towards open countryside and on to the sea with Falmouth Bay in the distance.

The accommodation, in brief, provides an entrance hallway, cloakroom, lounge enjoying the super outlook, separate dining room, kitchen/ diner and utility room. On the ground floor there are three bedrooms, the master of which enjoys an en suite bathroom. There is also a wet room style shower room. To the outside there is a driveway with parking, integral garage whilst to the rear the garden is over two levels and enjoys a nice outlook.

St. Keverne, which is situated on the eastern side of the Lizard Peninsula, has a good range of amenities catering for everyday needs including a post office, doctors' surgery, restaurant, general stores, butchers, two public houses, church, primary school and butcher. The village is situated within miles of open countryside and the coast is close at hand. The more comprehensive
range of amenities of Helston are some ten miles distant and these include national stores, cinema, sports centre with indoor swimming pool.

THE ACCOMMODATION COMPRISES (DIMENSIONS APPROX)
Part glazed door with glazed side panel to

ENTRANCE HALLWAY
With stairs descending to the first floor and doors to

LOUNGE 5.3M X3.38M (17'4" X11'1")
With stone fireplace and hearth incorporating a built-in LPG living flame gas fire. There is a window to the rear aspect with a super outlook over the top of other properties and onwards to Falmouth Bay. With glazed french doors to

DINING ROOM 3.39M X 2.97M (11'1" X 9'8" )
With window to the front aspect and door back to the hallway.

KITCHEN/DINER 6.62M X 3M NARROWING TO 2.44M (21'8" X 9'10" NARROWING TO 8'0" )
With a beech effect fitted kitchen comprising stone effect worktops that incorporate a sink drainer with mixer tap and Neff gas hob, with tiled splashbacks. There are a mixture of base and drawer units under with wall units over. Window to the front aspect, built-in appliances include a Neff oven and microwave and space is provided for a fridge/freezer. There is tile effect vinyl flooring, a window at the rear aspect to the dining end of the room which enjoys a lovely rural outlook back over the village with Falmouth Bay and the sea in the distance. Built-in storage cupboard with shelves.

With door to

UTILITY ROOM 2.5M X 2.3M (8'2" X 7'6" )
With spaces provided for a washing machine and tumble dryer. There are two worktops, one of which incorporates a stainless steel sink drainer with mixer tap and tiled splashbacks. Base and wall units. There is a window to the rear aspect, again enjoying a nice outlook with service door to the side of the property and service door back to the garage.

From the hallway, stairs descend to the ground floor.

HALLWAY
'L' shaped with three large storage cupboards, one of which houses the immersion heater. With doors to

MASTER BEDROOM 3.7M X 3.4M MAX MEASUREMENTS (12'1" X 11'1" MAX MEASUREMENTS )
With built-in wardrobe with hanging rail and shelf. A window to the rear aspect overlooking the garden with open countryside and the sea in the distance. With door to

EN SUITE
Comprising corner bath with attractive tiled splashbacks and mixer shower arrangement over, close coupled W.C., pedestal wash hand basin set into a vanity unit with tiled splashback, heated towel rail. Window to the side aspect.

BEDROOM TWO 3.8M X 3M MAX MEASUREMENTS (12'5" X 9'10" MAX MEASUREMENTS )
With built-in wardrobes with hanging rail and shelving and a window to the rear aspect overlooking the garden and onwards to open countryside over the top of other properties.

BEDROOM THREE 3.87M X 2.79M MAX MEASUREMENTS (12'8" X 9'1" MAX MEASUREMENTS )
With built-in wardrobe with hanging rail and shelf with a window to the rear aspect enjoying the same view as bedroom two.

WET ROOM 2.8M X 1.8M (9'2" X 5'10" )
With waterproof anti-slip flooring, tiling to the walls, wet room style shower, close coupled W.C., pedestal wash handbasin, shaver socket with light, heated towel rail, extractor, window to the side aspect.

OUTSIDE
To the outside there is a driveway with parking and an integral garage. To the rear the garden is over two levels and enjoys a nice outlook.

SERVICES
Mains water, electricity and drainage.

COUNCIL TAX
Council Tax Band E.

ANTI-MONEY LAUNDERING
We are required by law to ask all purchasers for verified ID prior to instructing a sale

PROOF OF FINANCE - PURCHASERS
Prior to agreeing a sale, we will require proof of financial ability to purchase which will include an agreement in principle for a mortgage and/or proof of cash funds.

DATE DETAILS PREPARED
18th December, 2023

Agent Details

Christophers, Helston

01326 331637

Next Steps?

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