5 Bed Detached House, Single Let, Helston, TR12 7HS, £480,000

Lender Lane, Mullion, Cornwall, TR12 7HS - 6 months ago

BTL
~178 m²
+9 photos

ValuationUndervalued

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

 

 

Square Metres

~178.28 m²
Price/m²£2.7K/m²

Value Estimate

£501,725
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£120,000

Stamp Duty & Legal Fees

£27,100

Total Cash In

£147,100

 

 

Cash Out

 

Rent Range

£550 - £1,800

Rent Estimate

£700

Running Costs/mo

£1,660

Cashflow/mo

£-960

Cashflow/yr

£-11,520

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 
£572K11/220.03 mi25, Laflouder Fields, Mullion, Helston, Cornwall TR12 7HR4
£355K01/210.14 miTreganoon, Meres Valley, Mullion, Helston, Cornwall TR12 7HX4
£555K03/240.16 miThe Poppies, Churchtown, Mullion, Helston, Cornwall TR12 7HN4
£335K04/210.19 miTal An Vean, Polhorman Lane, Mullion, Helston, Cornwall TR12 7JD4
£535K09/230.21 mi41, Laflouder Fields, Mullion, Helston, Cornwall TR12 7EJ4
£365K10/200.21 miLanarth, Laflouder Fields, Mullion, Helston, Cornwall TR12 7EJ4
£375K02/210.24 miTrotters Way, 11, Laflouder Fields, Mullion, Helston, Cornwall TR12 7EL4
£275K12/220.27 mi9, Trembel Road, Mullion, Helston, Cornwall TR12 7DY4
£350K12/200.31 mi4, Riviera Close, Mullion, Helston, Cornwall TR12 7AW4
£230K03/210.31 mi15, Tregellas Road, Mullion, Helston, Cornwall TR12 7DX4
£475K12/220.51 miRosalea, Glenmoor Lane, Mullion, Helston, Cornwall TR12 7EF4
£515K12/220.53 miRosemorran, Glenmoor Lane, Mullion, Helston, Cornwall TR12 7EF4
£749K01/240.53 miTrenance Vean, Glenmoor Lane, Mullion, Helston, Cornwall TR12 7EF4
£655K06/210.63 miMeaver House, Meaver Road, Mullion, Helston, Cornwall TR12 7DP4
£360K11/200.64 mi14, Gwel An Garrek, Mullion, Helston, Cornwall TR12 7RW4
£540K03/211.45 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 
£70009/240.19 miTreveglos Court, Lender Lane, Mullion, Helston1
£1,80009/240.19 mi-4
£1,20002/250.19 mi-2
£82509/240.33 mi-2
£95003/250.33 mi-2
£1,45012/241.04 mi-3
£1,40009/241.04 mi-3
£1,10009/241.47 mi-1
£1,15001/252.08 mi-2
£55010/242.08 mi-1
£1,15001/252.08 mi-2
£90009/242.14 miCury, Helston2

Local Area Statistics

Population in TR12

9,482

Population in Helston

29,289

Town centre distance

4.90 miles away

Nearest school

0.30 miles away

Nearest train station

11.08 miles away

 

 

Rental growth (12m)

+12%

Sales demand

Buyer's market

Capital growth (5yrs)

+64%

Property History

Listed for £480,000

October 4, 2024

Floor Plans

Description

Welcome to this beautifully modernized five-bedroom executive home in Mullion, where modern sophistication meets traditional charm. Nestled in a desirable location slightly off the road, this residence offers the perfect blend of comfort and convenience for families.

Interior Highlights:

Porch: A spacious entryway filled with natural light, featuring convenient storage.

Hall: Includes a storage cupboard and a separate W.C. for added practicality.

Open-Plan Living Room and Diner: Enjoy a warm, inviting atmosphere with dual-aspect windows and a rear door leading to the garden. The laminate flooring enhances the space, while a cozy log burner with a slate hearth serves as a stunning centerpiece, complemented by an adjoining feature log store.

Kitchen: Stylish and functional with a charming country feel, this kitchen boasts ample wall and base cabinets, an electric oven built into the wall, a hob, extractor fan, and space for essential appliances like a washing machine and dishwasher.

Wet Room/Utility: Featuring tiled walls and a built-in shower, this area is perfect for post-surf rinses or pet care. It offers plenty of storage units and a dedicated laundry space.

Upper Floor:

Master Bedroom: A generously sized front-facing room with ample space for wardrobes.

Second Bedroom: Another spacious double room with a rear aspect, ideal for additional furnishings or storage.

Third Bedroom: A further double room with a rear-facing window, providing a comfortable retreat.

Fourth Bedroom: A bright double room with a front aspect, perfect for guests or family members.

Fifth Bedroom: A cozy small double room with a front aspect, versatile for various uses.

Bathroom: Newly fitted with an electric shower over the bath, a glass screen, a vanity basin, and a WC for modern convenience.

Exterior Features:

Front: Block-paved for parking up to four cars, ensuring ease of access.

Rear Garden: Low-maintenance design with an upper paved patio and planted borders, offering privacy with fenced boundaries. Includes a storage shed and a delightful summer house.

Garage: Converted into a useful storage room, maximizing functionality.

• Solar panels: fitted for a superb saving on your energy bills

This thoughtfully updated home retains classic features while providing modern comforts, making it an ideal family haven in a sought-after location. Don’t miss the opportunity to make this your dream home!

Agent Details

Miller Countrywide, Helston

01326 332579

Next Steps?

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