4 Bed Bungalow, Single Let, Helston, TR12 7HX, £385,000

Spacious detached bungalow, Mullion, TR12 7HX - 7 months ago

BTL
~127 m²
+20 photos

ValuationUndervalued

Sold Prices£230K - £749K
Sold Prices/m²£2.4K/m² - £4.9K/m²

 

 

Square Metres

~127 m²
Price/m²£3K/m²

Value Estimate

£394,138
BMV2%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£96,250

Stamp Duty & Legal Fees

£27,200

Total Cash In

£123,450

 

 

Cash Out

 

Rent Range

£550 - £1,800

Rent Estimate

£747

Running Costs/mo

£1,373

Cashflow/mo

£-626

Cashflow/yr

£-7,506

Gross Yield

2%

Local Sold Prices

16 sold prices from £230K to £749K, average is £425K. £2.4K/m² to £4.9K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£355K01/210.03 miTreganoon, Meres Valley, Mullion, Helston, Cornwall TR12 7HX4
£335K04/210.11 miTal An Vean, Polhorman Lane, Mullion, Helston, Cornwall TR12 7JD4
£572K11/220.12 mi25, Laflouder Fields, Mullion, Helston, Cornwall TR12 7HR4
£375K02/210.24 miTrotters Way, 11, Laflouder Fields, Mullion, Helston, Cornwall TR12 7EL4
£535K09/230.25 mi41, Laflouder Fields, Mullion, Helston, Cornwall TR12 7EJ4
£365K10/200.25 miLanarth, Laflouder Fields, Mullion, Helston, Cornwall TR12 7EJ4
£555K03/240.27 miThe Poppies, Churchtown, Mullion, Helston, Cornwall TR12 7HN4
£350K12/200.33 mi4, Riviera Close, Mullion, Helston, Cornwall TR12 7AW4
£275K12/220.39 mi9, Trembel Road, Mullion, Helston, Cornwall TR12 7DY4
£230K03/210.42 mi15, Tregellas Road, Mullion, Helston, Cornwall TR12 7DX4
£475K12/220.52 miRosalea, Glenmoor Lane, Mullion, Helston, Cornwall TR12 7EF4
£515K12/220.54 miRosemorran, Glenmoor Lane, Mullion, Helston, Cornwall TR12 7EF4
£749K01/240.54 miTrenance Vean, Glenmoor Lane, Mullion, Helston, Cornwall TR12 7EF4
£360K11/200.6 mi14, Gwel An Garrek, Mullion, Helston, Cornwall TR12 7RW4
£655K06/210.75 miMeaver House, Meaver Road, Mullion, Helston, Cornwall TR12 7DP4
£540K03/211.48 miHigher Penvearne, White Cross, Cury, Helston, Cornwall TR12 7BH4

Local Rents

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

RentDateDistanceAddressBeds 
£1,80009/240.11 mi-4
£1,20002/250.31 mi-2
£70009/240.31 miTreveglos Court, Lender Lane, Mullion, Helston1
£82509/240.36 mi-2
£89003/250.36 mi-2
£1,45001/251.07 mi-3
£1,40009/241.07 mi-3
£1,10009/241.44 mi-1
£1,15001/252.1 mi-2
£55010/242.1 mi-1
£1,15001/252.1 mi-2
£90009/242.19 miCury, Helston2

Local Area Statistics

Population in TR12

9,482

Population in Helston

29,289

Town centre distance

4.86 miles away

Nearest school

0.40 miles away

Nearest train station

11.15 miles away

 

 

Rental growth (12m)

+12%

Sales demand

Buyer's market

Capital growth (5yrs)

+64%

Property History

Price changed to £385,000

December 4, 2024

Listed for £425,000

September 13, 2024

Floor Plans

Description

  • DETACHED BUNGALOW +
  • FOUR BEDROOMS +
  • WELL PRESENTED THROUGHOUT +
  • SOUGHT AFTER LOCATION +
  • CLOSE TO THE COAST +
  • LIGHT AND SPACIOUS ACCOMMODATION +
  • GOOD SIZE GARDENS +
  • OFF ROAD PARKING & GARAGE +
  • COUNCIL TAX BAND E +
  • EPC - E39 +

Welcome to this charming detached bungalow located in the sought-after Meres Valley of Mullion. This well-presented property boasts four bedrooms, ideal for a growing family, and a spacious reception room perfect for entertaining guests or relaxing with loved ones. Situated on a generous plot, this bungalow offers ample space both inside and out. With off-road parking and a garage, parking will never be an issue for you or your guests. The property's prime location close to the centre of Mullion ensures convenience and easy access to local amenities. This delightful bungalow is not just a house, but a wonderful family home waiting for new memories to be made. Don't miss the opportunity to own this fantastic property in a picturesque location.

Guide Price - £385,000 -

Location - Mullion is the largest village on the Lizard Peninsula offering a good range of facilities including; shops, well regarded primary and secondary schools, eighteen hole golf course, churches, health centre, horse riding stables and a pharmacy. The ancient market town of Helston is approximately seven miles away and offers more extensive amenities to include national stores, cinema and a leisure centre.

Accommodation - Entrance hallway
Dining room
Utility room
Kitchen
Living room
Bedroom
En Suite
Bedroom
Bedroom
Bedroom
Bathroom

Outside - The bungalow benefits from a good size plot and gardens, chiefly laid to lawn with patio areas, and complimented with mature hedges to the borders. The hedges to the front elevation provide a wonderful amount of privacy

Parking & Garage - Off road parking for up to two vehicles in front of the garage. The garage has an up and over door, equipped with power & light.

Services - Mains water, electricity and drainage. Electric heaters. Freehold tenure.

Agents Note - Prospective purchasers should be aware the vendors have informed us the property is concrete panel and therefore is considered non-standard construction. Any interested purchaser will need to consult their mortgage broker or lender.

Council Tax - Band E -

Anti-Money Laundering Regulations - It is a legal requirement that we receive verified ID from all buyers before a sale can be instructed. We will inform you of the process once your offer has been accepted.

Proof Of Finances - Before agreeing a sale, we will require proof of your financial ability to purchase. We will inform you of what we require prior to agreeing a sale.

Broadband & Mobile Phone Coverage - To check the broadband coverage for this property please visit check mobile phone coverage please visit

Agent Details

Mather Partnership, Helston

01326 332051

Next Steps?

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