4 Bed Detached House, Cash/Bridging Only, Helston, TR13 9JN, £475,000

Porthleven TR13 9JN - a year ago

Cash
~129 m²
+12 photos

ValuationOvervalued

Sold Prices£220K - £725K
Sold Prices/m²£2.2K/m² - £6.2K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.7K/m²

Value Estimate

£407,869

 

 

End Value (After Refurb)

£502,074

Uplift in Value

+6%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£36,200

Refurb Costs

£56,692

Bridging Loan Interest

£12,469

Total Cash In

£225,860

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£502,074

Mortgage (After Refinance)

£376,556

Mortgage LTV

75%

Cash Released

£20,306

Cash Left In

£205,555

Equity

£125,519

Rent Range

£650 - £1,600

Rent Estimate

£1,028

Running Costs/mo

£1,795

Cashflow/mo

£-767

Cashflow/yr

£-9,199

Gross Yield

3%

Local Sold Prices

44 sold prices from £220K to £725K, average is £395K. £2.2K/m² to £6.2K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£630K06/210.17 mi10, Bay View Terrace, Porthleven, Helston, Cornwall TR13 9JQ4
£680K07/230.2 miDorunda, Torleven Road, Porthleven, Helston, Cornwall TR13 9HR4
£585K10/220.24 mi3, Peverell Road, Porthleven, Helston, Cornwall TR13 9DH4
£650K11/220.24 miThe Manse, Peverell Terrace, Porthleven, Helston, Cornwall TR13 9DZ4
£435K05/210.34 miBoslan, Torleven Road, Porthleven, Helston, Cornwall TR13 9AQ4
£465K08/210.38 mi53, The Shrubberies, Porthleven, Helston, Cornwall TR13 9FG4
£495K07/230.4 mi18, Penponds Road, Porthleven, Helston, Cornwall TR13 9LL4
£630K02/210.45 mi9, Sunnybank, Porthleven, Helston, Cornwall TR13 9EP4
£440K09/231.8 mi7, Vicarage Row, Breage, Helston, Cornwall TR13 9PX4
£430K06/211.89 mi15, Bakers Row, Breage, Helston, Cornwall TR13 9PH4
£410K06/212.02 miOwl Cottage, Old Hill, Helston, Cornwall TR13 8HT4
£570K11/222.09 mi8, St Johns Close, Helston, Cornwall TR13 8HQ4
£679.1K04/232.15 miThistledown Barn, Newham Lane, Newham, Helston, Cornwall TR13 0SA4
£550K10/232.17 mi40a, Coinagehall Street, Helston, Cornwall TR13 8EQ4
£365K01/242.27 mi43, Church Street, Helston, Cornwall TR13 8NJ4
£420K11/202.32 mi29, Gwealhellis Warren, Helston, Cornwall TR13 8PQ4
£422.5K01/212.42 miTryst, Troubridge Road, Helston, Cornwall TR13 8DQ4
£375K12/202.44 mi57, Orchard Close, Helston, Cornwall TR13 8UT4
£249.9K09/212.44 mi24, Godolphin Road, Helston, Cornwall TR13 8PY4
£458.5K03/212.47 miFrog House, Trew, Breage, Helston, Cornwall TR13 9QW4
£345K08/232.47 mi1, Tenderah Road, Helston, Cornwall TR13 8NT4
£330K01/212.47 mi60, Tenderah Road, Helston, Cornwall TR13 8NT4
£407.5K10/232.51 mi3, The Paddock, Helston, Cornwall TR13 8NS4
£380K06/212.51 mi1, The Paddock, Helston, Cornwall TR13 8NS4
£309.9K03/212.52 mi19, Tregarrick Close, Helston, Cornwall TR13 8YA4
£220K02/212.52 miKyleveneth, 17, Tregarrick Close, Helston, Cornwall TR13 8YA4
£320K03/212.62 mi69, Gweal Wartha, Helston, Cornwall TR13 0SN4
£287.5K06/212.62 mi58, Gweal Wartha, Helston, Cornwall TR13 0SN4
£330K03/212.64 mi3, Parc Ledrak, Helston, Cornwall TR13 0QL4
£268.5K02/212.69 mi19, Nanscober Place, Helston, Cornwall TR13 0SP4
£321K02/242.69 mi7, Nanscober Place, Helston, Cornwall TR13 0SP4
£380K12/212.71 mi63, Bosnoweth, Helston, Cornwall TR13 8FR4
£400K09/212.71 mi72, Bosnoweth, Helston, Cornwall TR13 8FR4
£387.5K12/202.71 mi44, Bosnoweth, Helston, Cornwall TR13 8FR4
£350K04/212.72 mi34, Bosnoweth, Helston, Cornwall TR13 8FP4
£315K11/222.79 mi157, Pendeen Park, Helston, Cornwall TR13 0SL4
£325K02/212.79 mi107, Pendeen Park, Helston, Cornwall TR13 0SL4
£380K12/232.81 mi38, Hellis Wartha, Helston, Cornwall TR13 8WE4
£295K02/212.81 mi153, Hellis Wartha, Helston, Cornwall TR13 8WF4
£390K11/202.82 miPenolva House, 38, Gwarth An Drae, Helston, Cornwall TR13 0BS4
£305K11/232.82 mi56, Gwarth An Drae, Helston, Cornwall TR13 0BS4
£420K02/232.83 mi87, Hawkins Way, Helston, Cornwall TR13 8FQ4
£685K04/212.89 miDolphin Cottage, Tresowes, Ashton, Helston, Cornwall TR13 9SY4
£725K06/212.89 miEden Cottage, Tresowes, Ashton, Helston, Cornwall TR13 9SY4

Local Rents

17 rents from £650/mo to £1.6K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£75003/250.01 mi-2
£89507/240.14 mi-1
£1,25004/250.24 mi-3
£1,20004/250.25 mi-3
£1,20004/250.25 mi-3
£1,00004/241.93 mi-2
£65006/242.07 mi-1
£75005/242.09 mi-1
£1,35009/242.16 miFalmouth Road, Helston3
£92509/242.18 miFive Wells Lane, Helston, Cornwall2
£1,60002/242.25 mi-4
£92509/242.26 miChurch Street, Helston, Cornwall2
£92509/242.41 miOrchard Close, Helston, Cornwall, TR132
£1,30003/252.41 mi-3
£75009/242.42 mi-1
£1,19509/242.45 mi-3
£1,20010/242.45 mi-3

Local Area Statistics

Population in TR13

19,807

Population in Helston

29,289

Town centre distance

2.34 miles away

Nearest school

0.50 miles away

Nearest train station

8.18 miles away

 

 

Rental growth (12m)

-37%

Sales demand

Balanced market

Capital growth (5yrs)

+30%

Property History

Price changed to £475,000

February 28, 2025

Price changed to £525,000

December 13, 2024

Listed for £599,950

April 26, 2024

Floor Plans

Description

  • DETACHED CHARACTER HOUSE +
  • MOMENTS FROM THE HARBOUR +
  • INNER HARBOUR VIEWS +
  • FOUR BEDROOMS +

Located in the well regarded Harbour View area of this increasingly popular Cornish fishing village is this four bedroom, detached character house. The residence, which is just moments from the harbour, enjoys views over the village and the bustling harbour itself. The property provides well proportioned accommodation with many character features from its local stone facade, beamed ceilings and feature fireplaces.

In brief, the accommodation comprises a hall, lounge, sitting room, dining room, kitchen and completing the ground floor a shower room. On the first floor there is a bathroom and four bedrooms.

Porthleven is a vibrant, picturesque fishing village and mainland Britain's most southerly port. The village is renowned for its many highly regarded restaurants, long beach, surfing, rugged coastline and clifftop walks. Community groups are thriving within the village with sports' clubs and a prize winning brass band which can be heard echoing around the harbour on many a summer's Sunday evening. Local amenities include shops, restaurants, Public Houses, galleries, supermarket, doctors' surgery and a well regarded primary school.

THE ACCOMMODATION COMPRISES (DIMENSIONS APPROX)

DOOR WITH STAINED GLASS TO

HALL
With decorative tiled floor, stairs to the first floor, door to the kitchen, sitting room and door to

LOUNGE 3.73M X 3.12M (12'3" X 10'3")
Having a bay window to the front with window seat and a feature fireplace with tiled hearth, brick surround and wood mantel over housing an open fire. The room has a picture rail.

SITTING ROOM 3.66M X 3.58M NARROWING TO 3.28M (12' X 11'9" NARROWING TO 10'9")
Outlook to the front and into the inner harbour and having a bay window with seat. There is a picture rail and a fireplace with alcove shelving either side, stone surround, wood mantel over and housing an open fire.

DINING ROOM 4.42M X 2.29M (14'6" X 7'6")
Window to the side and access to an under stairs cupboard. The room has a beamed ceiling and opening to

KITCHEN 8.46M X 1.91M (AVERAGE MEASUREMENTS) (27'9" X 6'3" (AVERAGE MEASUREMENTS)
A galley style kitchen comprising working top surfaces incorporating a one and a half bowl sink unit with mixer tap over, cupboards and drawers under and wall cupboards over. Built in appliances include a dishwasher, fridge and a freezer. There is space for a stove style oven with built in hood over, skylights and the room has a tiled floor and partially tiled walls. There is a built in cupboard housing the hot water tank with immersion heater.

SHOWER ROOM
With stable style door to the kitchen and dining room. Comprising shower, pedestal wash basin and a low level w.c.. There is a towel rail and obscured window to the side.

STAIRS AND HALF LANDING
With window to the rear, step up and door to bedroom three, step up and door to the shower room and steps up to the upper landing.

BATHROOM
Comprising bath, shower cubicle, close coupled w.c. and a pedestal wash basin. There is an obscured window to the side.

BEDROOM THREE 3.58M X 2.29M (11'9" X 7'6")
With outlook to the rear and a feature fireplace (not in working order) with wood mantel over.

UPPER LANDING
With access to the loft and doors to all remaining bedrooms.

BEDROOM ONE 3.73M X 2.90M (12'3" X 9'6")
With outlook to the front enjoying views over the village and the inner harbour.

BEDROOM TWO 3.66M X 3.05M (12' X 10')
With outlook to the front, again enjoying views over the village and inner harbour. There is a feature fireplace with wood mantel over (not in working order).

BEDROOM FOUR 2.44M X 2.06M (8' X 6'9")
With outlook over the harbour and village.

SERVICES
Mains electricity, water and drainage.

AGENTS NOTE ONE
We are advised that the current vendor rents a fabulous garden area opposite the property which would seem ideal for sitting out and enjoying the fine views of the village.

COUNCIL TAX BAND
Band D

MOBILE AND BROADBAND COVERAGE
To check the broadband coverage for this property please visit check mobile phone coverage please visit

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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