2 Bed Detached House, Cash/Bridging Only, Helston, TR13 8TL, £300,000

43 CHURCH HILL, HELSTON, TR13 8TL - 3 views - a year ago

Sold STC
Cash
~84 m²
+19 photos

ValuationFair Value

Sold Prices£126.8K - £353.5K
Sold Prices/m²£1.8K/m² - £5.6K/m²

 

 

Square Metres

~83.60 m²
Price/m²£3.6K/m²

Value Estimate

£302,246

 

 

End Value (After Refurb)

£272,792

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Refurb Costs

£36,667

Bridging Loan Interest

£7,875

Total Cash In

£133,992

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£272,792

Mortgage (After Refinance)

£204,594

Mortgage LTV

75%

Cash Left In

£133,992

Equity

£68,198

Rent Range

£875 - £975

Rent Estimate

£928

Running Costs/mo

£1,058

Cashflow/mo

£-130

Cashflow/yr

£-1,561

Gross Yield

4%

Local Sold Prices

52 sold prices from £126.8K to £353.5K, average is £215K. £1.8K/m² to £5.6K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£192K03/230.23 miWoodstock, 2, Canons Place, Helston, Cornwall TR13 8LS2
£250K08/210.26 mi15, Pendeen Park, Helston, Cornwall TR13 0DL2
£295K03/230.26 mi2, Pendeen Park, Helston, Cornwall TR13 0DL2
£240K01/210.28 mi2, Trenethick Close, Helston, Cornwall TR13 8LQ2
£285K09/230.29 mi5, Gwealdues, Helston, Cornwall TR13 8LA2
£200K04/210.3 mi34, Godolphin Road, Helston, Cornwall TR13 8QD2
£305K09/220.31 mi4, Gwealhellis Warren, Helston, Cornwall TR13 8PQ2
£189.5K05/210.34 mi3a, Church Hill, Helston, Cornwall TR13 8NN2
£240K08/230.34 mi3a, Church Hill, Helston, Cornwall TR13 8NN2
£270K09/230.37 miHazeldene, Sanctuary Lane, Helston, Cornwall TR13 8UG2
£210K11/200.37 mi25, Barton Close, Helston, Cornwall TR13 8LL2
£280K11/230.38 mi20, Trenethick Avenue, Helston, Cornwall TR13 8LU2
£183K03/210.39 mi29, Nanscober Place, Helston, Cornwall TR13 0SP2
£160K12/210.39 mi20, Nanscober Place, Helston, Cornwall TR13 0SP2
£198K07/230.39 mi31, Nanscober Place, Helston, Cornwall TR13 0SP2
£215K11/230.39 mi40, Nanscober Place, Helston, Cornwall TR13 0SP2
£230K12/230.39 mi28, Nanscober Place, Helston, Cornwall TR13 0SP2
£235K04/230.39 mi11, Penrose Road, Helston, Cornwall TR13 8TP2
£245K11/230.39 mi6, Penrose Road, Helston, Cornwall TR13 8TP2
£245K11/230.39 mi6, Penrose Road, Helston, Cornwall TR13 8TP2
£203K01/230.41 mi11, Chytroose Close, Helston, Cornwall TR13 8UY2
£210K04/230.41 mi7, Chytroose Close, Helston, Cornwall TR13 8UY2
£256K10/220.41 mi8, Chytroose Close, Helston, Cornwall TR13 8UY2
£175K10/230.43 mi30, Church Street, Helston, Cornwall TR13 8TQ2
£159.9K05/210.43 mi43b, Wendron Street, Helston, Cornwall TR13 8PT2
£215K02/240.45 mi4, Parc An Dower, Helston, Cornwall TR13 8AQ2
£216.5K02/230.47 mi76, Manor Way, Helston, Cornwall TR13 8LZ2
£182K11/200.47 mi34, Tremenheere Avenue, Helston, Cornwall TR13 8SY2
£247K02/230.47 mi38, Tremenheere Avenue, Helston, Cornwall TR13 8SY2
£235K12/220.47 mi34, Tremenheere Avenue, Helston, Cornwall TR13 8SY2
£235K01/240.47 mi32, Tremenheere Avenue, Helston, Cornwall TR13 8SY2
£200K03/210.48 mi25, Roskruge Close, Helston, Cornwall TR13 8GL2
£250K06/230.48 mi35, Seneschall Park, Helston, Cornwall TR13 8GA2
£172K05/210.49 mi32, Trevenen Road, Helston, Cornwall TR13 8AH2
£191.5K06/210.5 mi12, Cross Street, Helston, Cornwall TR13 8NG2
£250K08/230.5 mi26, Parc Holland, Helston, Cornwall TR13 8GR2
£150K01/210.52 mi12, Trengrouse Way, Helston, Cornwall TR13 8AF2
£225K11/230.53 mi20, Hawkins Way, Helston, Cornwall TR13 8FQ2
£225K11/230.53 mi20, Hawkins Way, Helston, Cornwall TR13 8FQ2
£215K03/240.53 mi17, Hawkins Way, Helston, Cornwall TR13 8FQ2
£160K01/240.53 mi15, Lady Street, Helston, Cornwall TR13 8NA2
£165K06/210.53 mi15, Kellaway Park, Helston, Cornwall TR13 8QU2
£212K10/230.54 mi3, Nettles Hill, Helston, Cornwall TR13 8HD2
£250K05/230.55 miThe Little House, St Johns Road, Helston, Cornwall TR13 8HW2
£245K09/230.58 mi10, Forth Gwedhen, Helston, Cornwall TR13 8FL2
£353.5K10/220.58 mi18, Forth Gwedhen, Helston, Cornwall TR13 8FL2
£136.5K01/210.59 mi26, Plover Avenue, Helston, Cornwall TR13 8FW2
£235K12/200.63 mi2, Penview Crescent, Helston, Cornwall TR13 8RX2
£157.5K12/220.65 mi55, Hellis Wartha, Helston, Cornwall TR13 8WE2
£158.5K11/200.65 mi77, Trelawney Road, Helston, Cornwall TR13 8AT2
£163K02/210.65 mi95, Trelawney Road, Helston, Cornwall TR13 8AT2
£126.8K11/210.66 mi12, Tregarrick View, Helston, Cornwall TR13 8GU2

Local Rents

10 rents from £875/mo to £975/mo, average is £938/mo.

RentDateDistanceAddressBeds 
£92509/240.29 miOrchard Close, Helston, Cornwall, TR132
£87509/240.32 miGweal Wartha, Helston2
£92509/240.42 miChurch Street, Helston, Cornwall2
£95012/240.48 mi-2
£95001/250.48 mi-2
£95009/240.48 miSeneschall Park, Helston, TR132
£97508/240.48 mi-2
£92509/240.52 miFive Wells Lane, Helston, Cornwall2
£95009/240.58 miForth Gwedhen, Heslton2
£90009/240.59 miPlover Avenue, Helston, Cornwall2

Local Area Statistics

Population in TR13

19,807

Population in Helston

29,289

Town centre distance

0.69 miles away

Nearest school

0.10 miles away

Nearest train station

7.17 miles away

 

 

Rental growth (12m)

-37%

Sales demand

Balanced market

Capital growth (5yrs)

+30%

Property History

Listed for £300,000

March 23, 2024

Floor Plans

Description

  • DETACHED HOUSE +
  • IMMACULATELY PRESENTED +
  • TWO BEDROOMS +
  • TWO GARAGES +
  • GARDEN +

This detached, two bedroom, double fronted period town house is very well presented throughout and benefits from mains gas central heating and double glazing. There are gardens to the front and rear of the property, the front being mainly hard landscaped for ease of maintenance whilst the enclosed rear garden enjoys a good degree of privacy. The rear garden also boasts a rotating sphere pod with seating and gateway access leads to the two single garages and parking space.

The accommodation in brief comprises sitting room, dining room, kitchen/breakfast room and bathroom to the ground floor. To the first floor there are two bedrooms with the master being ensuite and having a dressing room.

Helston itself is a bustling market town that stands as a gateway to The Lizard Peninsula which is designated as an area of outstanding natural beauty with many beautiful beaches, coves and cliff top walks. The town has amenities that include, national stores, supermarkets, doctor surgeries, churches and also many clubs and societies. There are a number of well regarded primary schools, a comprehensive school with sixth form college and a leisure centre with indoor heated pool.

THE ACCOMMODATION COMPRISES (DIMENSIONS APPROX)

OPEN ENTRANCE
Obscured double glazed door opening into

HALLWAY
There is an understairs storage cupboard, turning staircase to first floor, door to dining room and further door to

SITTING ROOM 4.09M X 2.97M (13'5" X 9'9")
Feature tiled fireplace housing gas effect log wood burner set on a slate hearth with oak mantel over and a Bay window with attractive shutters.

DINING ROOM 4.27M X 2.95M (14' X 9'8")
Featured tiled fireplace housing gas effect log wood burner set on slate hearth with stone mantel and surround and Bay window with attractive shutters. Door to

KITCHEN 5.72M X 2.13M (18'9" X 7')
Dual aspect room with single drainer sink unit set in worktop with cupboards under and wall cupboards over. Space for a washing machine, cooker and fridge/freezer. Built in cupboard housing Range Tribune water cylinder, wall mounted boiler, obscured glazed door to the outside and door to

BATHROOM 2.18M X 1.96M (7'2" X 6'5")
Fully tiled and comprising of a white suite having panel bath with shower over, shower screen, low level close coupled w.c., hand wash basin with cupboard under, tiled floor, heated towel rail and obscured window.

FIRST FLOOR LANDING
Doorways to

BEDROOM ONE 4.17M X 2.31M (13'8" X 7'7")
Built in wardrobes, Bay window with attractive shutters and door to

EN SUITE SHOWER ROOM 3.25M X 2.03M (10'8" X 6'8")
Fully tiled with shower cubicle, close coupled low level w.c., hand wash basin with cupboard under, heated towel rail and door to

DRESSING ROOM 2.49M X 2.03M (8'2" X 6'8")
Enjoying superb countryside views towards Godolphin Hill and folding shutters to Juliet balcony.

BEDROOM TWO 4.19M X 2.31M (13'9" X 7'7")
Built in wardrobes and Bay window with attractive shutters.

OUTSIDE
The front garden is mainly hard landscape with raised granite edge borders with paved side storage area. The enclosed rear garden is an attractive feature of the property being planted with flowers and shrubs to the borders, part hard landscaped with raised bench seating area and a rotating sphere pod with seating. There is a garden store (17'9" x 3'9") which is attached to the rear of the garage.

GARAGE ONE 5.97M X 2.74M (19'7" X 9')
Light and power. Eaves storage space and metal up and over door.

GARAGE TWO 5.97M X 2.74M (19'7" X 9')
Light and power. Metal up and over door. Adjacent to the right hand side of garage one is a single parking space.

SERVICES
Mains electricity, gas, water and drainage.

COUNCIL TAX BAND
Band C

AGENTS NOTE
The property is being sold to close an estate and consequently probate will need to be granted.

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

PROOF OF FUNDS - 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.

Agent Details

Christophers, Helston

01326 331637

Next Steps?

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