3 Bed Semi-Detached House, Single Let, Helston, TR12 7DH, £400,000

Nansmellyon Road, Mullion, Helston, Cornwall, TR12 7DH - 7 months ago

Sold STC

BTL

~168 m²

+17 photos

ValuationUndervalued

Sold Prices	£150K - £400K
Sold Prices/m²	£1.8K/m² - £4.1K/m²

Square Metres	~167.78 m²
Price/m²	£2.4K/m²
Value Estimate	£488,000£488,000
BMV	22%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£100,000£100,000
Stamp Duty & Legal Fees	£28,700£28,700
Total Cash In	£128,700£128,700

Cash Out
Rent Range	£550 - £1,800£550 - £1,800
Rent Estimate	£747
Running Costs/mo	£1,419£1,419
Cashflow/mo	£-672£-672
Cashflow/yr	£-8,069£-8,069
Gross Yield	2%2%

Local Sold Prices

27 sold prices from £150K to £400K, average is £250K. £1.8K/m² to £4.1K/m², average is £3.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£276K	09/21	0.03 mi	10, Riviera Close, Mullion, Helston, Cornwall TR12 7AW	£3,247	85	3	Semi-Detached House
£276K	09/21	0.04 mi	10, Riviera Close, Mullion, Helston, Cornwall TR12 7AW	£3,247	85	3	Semi-Detached House
£285K	09/23	0.07 mi	9, St Mellans Terrace, Mullion, Helston, Cornwall TR12 7EH	£3,476	82	3	Semi-Detached House
£336K	11/20	0.11 mi	100, Laflouder Fields, Mullion, Helston, Cornwall TR12 7EJ	£4,048	83	3	Detached House
£255K	12/23	0.14 mi	35, Clifden Close, Mullion, Helston, Cornwall TR12 7EQ	£2,833	90	3	Semi-Detached House
£330K	06/21	0.2 mi	Hideaway, Glenmoor Lane, Mullion, Helston, Cornwall TR12 7EF	£3,750	88	3	Detached House
£400K	12/22	0.24 mi	57, Laflouder Fields, Mullion, Helston, Cornwall TR12 7HR	-	-	3	Detached House
£390K	12/20	0.24 mi	68, Laflouder Fields, Mullion, Helston, Cornwall TR12 7HR	£4,105	95	3	Detached House
£230K	11/23	0.27 mi	6, Elm Terrace, Mullion, Helston, Cornwall TR12 7HH	-	-	3	Terraced House
£188K	07/21	0.28 mi	38, Tregellas Road, Mullion, Helston, Cornwall TR12 7DX	£2,238	84	3	Terraced House
£165K	10/21	0.28 mi	52, Tregellas Road, Mullion, Helston, Cornwall TR12 7DX	£2,089	79	3	Semi-Detached House
£285K	11/20	0.28 mi	7, Tregellas Road, Mullion, Helston, Cornwall TR12 7DX	£3,958	72	3	Detached House
£176K	12/20	0.28 mi	57, Tregellas Road, Mullion, Helston, Cornwall TR12 7DX	£2,228	79	3	Semi-Detached House
£165K	10/21	0.28 mi	52, Tregellas Road, Mullion, Helston, Cornwall TR12 7DX	£2,089	79	3	Semi-Detached House
£245K	09/22	0.28 mi	49, Tregellas Road, Mullion, Helston, Cornwall TR12 7DX	£3,101	79	3	Terraced House
£240K	12/21	0.28 mi	51, Tregellas Road, Mullion, Helston, Cornwall TR12 7DX	£3,871	62	3	Semi-Detached House
£176K	02/21	0.32 mi	26, Trembel Road, Mullion, Helston, Cornwall TR12 7DY	£2,256	78	3	Semi-Detached House
£247.5K	08/23	0.32 mi	32, Trembel Road, Mullion, Helston, Cornwall TR12 7DY	£3,173	78	3	Terraced House
£240K	01/22	0.33 mi	13, Trembel Road, Mullion, Helston, Cornwall TR12 7DY	£3,058	78	3	Semi-Detached House
£150K	12/21	0.33 mi	1, Colroger Close, Mullion, Helston, Cornwall TR12 7DZ	£1,829	82	3	Semi-Detached House
£270K	03/23	0.33 mi	3, Colroger Close, Mullion, Helston, Cornwall TR12 7DZ	£3,214	84	3	Semi-Detached House
£340K	01/23	0.35 mi	8, Tregellas Road, Mullion, Helston, Cornwall TR12 7DX	-	-	3	Terraced House
£300K	06/21	0.35 mi	Treharren, Colroger Lane, Mullion, Helston, Cornwall TR12 7DJ	£2,752	109	3	Detached House
£237.5K	01/23	0.35 mi	12, Colroger Close, Mullion, Helston, Cornwall TR12 7DZ	£2,932	81	3	Terraced House
£250K	10/20	0.37 mi	6, Woodlands, Mullion, Helston, Cornwall TR12 7RN	£2,688	93	3	Semi-Detached House
£383K	05/21	0.41 mi	2, Park Enskellaw, Mullion, Helston, Cornwall TR12 7JG	-	-	3	Detached House
£235K	03/22	0.44 mi	79, Redannack North, Mullion, Helston, Cornwall TR12 7HE	£2,500	94	3	Terraced House

Local Rents

12 rents from £550/mo to £1.8K/mo, average is £1.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£825	09/24	0 mi	-	2	Bungalow
£890	03/25	0 mi	-	2	Bungalow
£1,200	02/25	0.27 mi	-	2	Semi-Detached House
£1,800	09/24	0.3 mi	-	4	Detached House
£700	09/24	0.37 mi	Treveglos Court, Lender Lane, Mullion, Helston	1	Flat
£1,450	01/25	0.72 mi	-	3	Detached House
£1,400	09/24	0.72 mi	-	3	Detached House
£1,100	09/24	1.17 mi	-	1	Bungalow
£1,150	01/25	2.4 mi	-	2	Detached House
£550	10/24	2.4 mi	-	1	Detached House
£1,150	01/25	2.4 mi	-	2	Detached House
£900	09/24	2.45 mi	Cury, Helston	2	Detached House

Local Area Statistics

Population in TR12	9,4829,482
Population in Helston	29,28929,289
Town centre distance	5.21 miles away5.21 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	11.35 miles away11.35 miles away

Rental growth (12m)	+12%+12%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+64%+64%

Property History

Price changed to £400,000

December 4, 2024

Listed for £415,000

September 13, 2024

Floor Plans

Description

3 Bedroom Period Property +
Double Garage +
Original Features +
Large Established Garden +
Popular Coastal Village +
Driveway Parking +
Close To Amenities +
Potential For Modernization +
EPC Rating D +

For the first time in nearly 30 years, this three-bedroom semi-detached period property in the heart of Mullion village is available on the market. The home boasts several spacious reception rooms, a generous private rear garden, and a double garage. With no onward chain, this is an exceptional opportunity to secure a wonderful property. Schedule your viewing today.

Agent Details

Bradleys, Helston

01326 331638

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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