3 Bed Bungalow, Cash/Bridging Only, Helston, TR13 8UR, £385,000

37 Loe Valley Road, Helston, TR13 8UR - 2 months ago

Cash
~92 m²
+11 photos

ValuationOvervalued

Sold Prices£170K - £430K
Sold Prices/m²£1.9K/m² - £5.8K/m²

 

 

Square Metres

~91.80 m²
Price/m²£4.2K/m²

Value Estimate

£296,847

 

 

End Value (After Refurb)

£355,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£96,250

Stamp Duty & Legal Fees

£27,200

Refurb Costs

£40,263

Bridging Loan Interest

£10,106

Total Cash In

£175,569

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£355,000

Mortgage (After Refinance)

£266,250

Mortgage LTV

75%

Cash Left In

£175,569

Equity

£88,750

Rent Range

£650 - £2,000

Rent Estimate

£1,175

Running Costs/mo

£1,364

Cashflow/mo

£-189

Cashflow/yr

£-2,272

Gross Yield

4%

Local Sold Prices

53 sold prices from £170K to £430K, average is £280K. £1.9K/m² to £5.8K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£325K03/210.03 mi52, Orchard Close, Helston, Cornwall TR13 8UT3
£295K10/200.04 mi3, Roselidden Parc, Helston, Cornwall TR13 8UH3
£215K06/210.08 mi21, Trenance Close, Helston, Cornwall TR13 8UX3
£370K07/230.08 mi21, Tregarrick Close, Helston, Cornwall TR13 8YA3
£426K07/230.09 mi69, Osborne Parc, Helston, Cornwall TR13 8TZ3
£272K07/230.12 mi45, Osborne Parc, Helston, Cornwall TR13 8NZ3
£195K12/220.13 mi4, Broad Walk, Helston, Cornwall TR13 0DJ3
£355K08/230.15 mi18, Belmont Road, Helston, Cornwall TR13 8UA3
£199.5K10/200.15 mi36, Carey Park, Helston, Cornwall TR13 0DH3
£375K12/210.16 mi22, Gwealhellis Warren, Helston, Cornwall TR13 8PQ3
£280K03/240.16 mi11, Gwealhellis Warren, Helston, Cornwall TR13 8PQ3
£280K03/240.16 mi11, Gwealhellis Warren, Helston, Cornwall TR13 8PQ3
£180K02/210.2 mi2, Gweal Wartha, Helston, Cornwall TR13 0SN3
£280K07/230.2 mi53, Gweal Wartha, Helston, Cornwall TR13 0SN3
£240K04/240.2 mi29, Gweal Wartha, Helston, Cornwall TR13 0SN3
£240K04/240.2 mi29, Gweal Wartha, Helston, Cornwall TR13 0SN3
£280K03/240.2 mi47, Gweal Wartha, Helston, Cornwall TR13 0SN3
£275K11/220.24 mi1, Gweal Wartha, Helston, Cornwall TR13 0SN3
£218K10/200.24 mi94, Gweal Wartha, Helston, Cornwall TR13 0SX3
£200K01/210.28 mi26, Nanscober Place, Helston, Cornwall TR13 0SP3
£250K07/210.28 mi11, Nanscober Place, Helston, Cornwall TR13 0SP3
£340K02/210.29 miWrafton, Hillcrest, Helston, Cornwall TR13 8UW3
£317.5K06/210.29 miChy-an-eglos, Grylls Parc, Helston, Cornwall TR13 8PE3
£329.9K10/210.33 mi112, Pendeen Park, Helston, Cornwall TR13 0SL3
£295K01/230.33 mi174, Pendeen Park, Helston, Cornwall TR13 0SL3
£394.7K08/230.33 mi42, Tenderah Road, Helston, Cornwall TR13 8NT3
£225K11/230.35 mi34, Cunnack Close, Helston, Cornwall TR13 8XQ3
£350K07/210.35 mi23, Marconi Close, Helston, Cornwall TR13 8PD3
£430K08/230.36 miMelyn Vounder, Mill Lane, Helston, Cornwall TR13 8HG3
£230K11/200.37 mi55, Gwarth An Drae, Helston, Cornwall TR13 0BS3
£194K01/210.37 mi25, Gwarth An Drae, Helston, Cornwall TR13 0BS3
£298K09/230.37 mi57, Gwarth An Drae, Helston, Cornwall TR13 0BS3
£280K10/230.37 mi27, Gwarth An Drae, Helston, Cornwall TR13 0BS3
£280K12/230.37 mi29, Gwarth An Drae, Helston, Cornwall TR13 0BS3
£280K12/230.37 mi29, Gwarth An Drae, Helston, Cornwall TR13 0BS3
£275K03/230.43 mi18, Turnpike, Helston, Cornwall TR13 8LR3
£325K11/200.44 mi19, Cades Parc, Helston, Cornwall TR13 8QS3
£362.5K07/210.44 mi39, Cades Parc, Helston, Cornwall TR13 8QS3
£333K11/210.44 mi9, Cades Parc, Helston, Cornwall TR13 8QS3
£400K11/220.44 mi10, Cades Parc, Helston, Cornwall TR13 8QS3
£310K07/230.45 mi1, Higher Well Lane, Helston, Cornwall TR13 8QT3
£170K12/200.46 mi15b, Church Street, Helston, Cornwall TR13 8TD3
£225K03/210.46 mi62, Godolphin Road, Helston, Cornwall TR13 8QJ3
£220K02/210.46 mi7, West Close, Helston, Cornwall TR13 8LD3
£212.5K04/210.47 mi28, Godolphin Road, Helston, Cornwall TR13 8QD3
£178K12/230.48 mi17, Cross Street, Helston, Cornwall TR13 8NG3
£280K05/210.48 miMeadowlands, Old Hill, Helston, Cornwall TR13 8HT3
£179.9K03/210.48 mi15, Penrose Road, Helston, Cornwall TR13 8TP3
£270K02/230.48 mi18, Penrose Road, Helston, Cornwall TR13 8TP3
£230K08/210.49 mi75, Trenethick Parc, Helston, Cornwall TR13 8LT3
£345K05/230.49 mi11, Church Street, Helston, Cornwall TR13 8TA3
£270K06/210.49 mi1, Kroon Stadt Villas, Helston, Cornwall TR13 8QR3
£289K02/230.49 mi2, Kroon Stadt Villas, Helston, Cornwall TR13 8QR3

Local Rents

37 rents from £650/mo to £2K/mo, average is £975/mo.

RentDateDistanceAddressBeds 
£92509/240.06 miOrchard Close, Helston, Cornwall, TR132
£1,30002/250.08 mi-3
£1,17509/240.12 mi-3
£1,20002/250.12 mi-3
£87509/240.24 miGweal Wartha, Helston2
£1,60002/240.29 mi-4
£80003/250.34 mi-1
£1,20010/240.44 mi-3
£75009/240.45 miCrosswalla Fields, Helston1
£92509/240.46 miChurch Street, Helston, Cornwall2
£75005/240.52 mi-1
£1,35009/240.53 miFalmouth Road, Helston3
£1,35009/240.54 miFalmouth Road, Helston3
£75009/240.54 mi-1
£1,40009/240.55 miTrenithick Avenue, Helston, TR135
£92509/240.55 miFive Wells Lane, Helston, Cornwall2
£65006/240.55 mi-1
£1,80009/240.56 miFalmouth Road, Helston5
£1,45009/240.57 miFalmouth Road, Helston3
£1,35009/240.57 miFalmouth Road, Helston3
£1,80009/240.57 miFalmouth Road, Helston5
£1,80009/240.58 miFalmouth Road, Helston5
£1,45009/240.58 miFalmouth Road, Helston3
£95012/240.6 mi-2
£95001/250.6 mi-2
£95009/240.6 miSeneschall Park, Helston, TR132
£97508/240.6 mi-2
£95009/240.75 miForth Gwedhen, Heslton2
£90009/240.83 miPlover Avenue, Helston, Cornwall2
£90009/240.89 miHellis Wartha, Helston, TR132
£1,99509/241.89 miWendron, Helston5
£2,00002/241.93 mi-4
£1,60012/241.93 mi-4
£1,20010/242.23 mi-3
£87509/242.27 miNansevrus Bungalow, Crowntown, Helston, TR132
£89504/252.33 mi-1
£75003/252.46 mi-2

Local Area Statistics

Population in TR13

19,807

Population in Helston

29,289

Town centre distance

0.81 miles away

Nearest school

0.20 miles away

Nearest train station

7.08 miles away

 

 

Rental growth (12m)

-37%

Sales demand

Balanced market

Capital growth (5yrs)

+30%

Property History

Listed for £385,000

February 19, 2025

Floor Plans

Description

  • THREE BEDROOM DETACHED BUNGALOW +
  • BEAUTIFULLY PRESENTED +
  • BALCONY TO THE FRONT OF THE PROPERTY +
  • FAR REACHING RURAL OUTLOOK +
  • GARDEN & GARAGE +
  • FREEHOLD +
  • COUNCIL TAX BAND D +
  • EPC - C70 +

Situated on the favoured western edge of the market town of Helston, this super property benefits from mains gas central heating and double glazing. A real feature of the property is the far reaching westerly views out over the Cober Valley onwards to rolling open countryside beyond where magnificent sunsets can be enjoyed. The accommodation, in brief, provides an entrance hallway, super open plan living/dining/kitchen area designed to make the most of the magnificent views, three bedrooms and a beautifully appointed bathroom. To the outside, at the front, there is a driveway with parking that leads to a garage, garden and balcony which would seem ideal to enjoy a sundowner as the sun sets over the valley. To the rear there is a nicely enclosed and landscaped garden which offers good degrees of privacy.

The property is particularly well located for lovely riverside walks along the Cober valley and also sits on the circular town bus route. Helston itself is a bustling market town that stands as the gateway to the Lizard Peninsula which is designated as an Area of Outstanding Natural Beauty with many beaches, coves and cliff top walks. The town itself has amenities that include primary schools, secondary school with 6th form college, leisure centre with indoor pool, there are a number of national stores and supermarkets, also doctors' surgeries.

THE ACCOMMODATION COMPRISES (DIMENSIONS APPROX)

Half glazed door to

ENTRANCE HALLWAY
Of good proportions with wood effect laminate flooring, loft hatch to roof space and attractive pendant light. Generous storage cupboard with slatted shelving and a radiator. With part glazed door to

OPEN PLAN LIVING AREA LOUNGE/DINING AREA
18'2" x 11'0" (5.56m x 3.37m)
A beautiful living space with windows to the front and back, along with sliding glazed patio doors which allows the light to flood into this area. There is a feature gas fire set on a stone effect hearth and a glazed patio door, with glazed side panel, enjoys the magnificent rural outlook and leads out on to the balcony. Wood effect laminate flooring.

KITCHEN AREA
14'1" x 11'5" narrowing to 8'10" (4.31m x 3.49m narrowing to 2.71m )
A beautifully appointed cream high gloss kitchen comprising wood effect worktops that incorporate a one and a half bowl stainless steel sink drainer with mixer tap, Zanussi induction hob with hood over. Breakfast bar arrangement. There are a mix of base and drawer units under with wall units over, attractive tiled splashbacks, built-in appliances include a stainless steel Zanussi oven, fridge and freezer. Space is provided for a washing machine. Tiling to the floor, window to the rear aspect overlooking the rear garden, Bosch Worcester boiler and part glazed door to the side aspect.

BEDROOM ONE
11'1" x 11'1" (3.38m x 3.38m )
With window to the front aspect enjoying the rural outlook and wood effect laminate flooring.

BEDROOM TWO
13'9" x 9'7" (4.21m x 2.93m )
With a window to the rear aspect overlooking the garden. Wood effect laminate flooring.

BEDROOM THREE
8'11" x 6'8" (2.72m x 2.04m)
With wood effect laminate flooring and window to the rear aspect overlooking the garden.

BATHROOM
Being beautifully appointed with a panelled bath with concertina glass shower screen, easyclean splashback, mixer tap and shower with drencher head. Washbasin set into a vanity unit with mirrored medicine cabinet over, close coupled W.C., two windows to the rear aspect and attractive tiling to both the walls and floors.

OUTSIDE
Driveway with parking for a vehicle which leads to the

GARAGE
13'1" x 11'5" (4m x 3.49m)
With up and over door, power light and water tap.

GARDEN
There is a lawned area to the front of the property bordered by beds that house mature plants and shrubs. Steps lead up and down the side of the property to the side door and further steps lead to the front door and balcony. The rear garden is beautifully landscaped with a paved patio seating area and ornamental pond with water feature. The garden has been terraced with wood sleepers with steps that lead up to a lawned area with beds at its borders housing mature plants and shrubs. The whole area is nicely enclosed by fencing and offers good degrees of privacy. At the rear of the property and down the side there is a resin pathway and an outside tap.

SERVICES
Mains water, electricity, drainage and gas.

DIRECTIONS
From Helston Town Centre proceed up Wendron Street and along Godolphin Road . At the Turnpike roundabout turn left which is sign posted Redruth. Follow this road passing the school playing field and the Fire Station. At the mini-roundabout turn left and proceed through Water-Ma-Trout Industrial Estate and down the hill. At the bottom of the hill bear left and proceed down the hill and up the other side passing Trenance Close and Penmere Close and the property will be found after a short distance on the left.

MOBILE AND BROADBAND
For more information on mobile and broadband services to this property please see attached property brochure.

COUNCIL TAX
Council Tax Band D.

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

PROOF OF FINANCE - 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.

DIRECTIONS
From Helston Town Centre proceed up Wendron Street and along Godolphin Road . At the Turnpike roundabout turn left which is sign posted Redruth. Follow this road passing the school playing field and the Fire Station. At the mini-roundabout turn left and proceed through Water-Ma-Trout Industrial Estate and down the hill. At the bottom of the hill bear left and proceed down the hill passing Trenance and Penmere Close on the left hand side and the property will be also found on the left after this.

Agent Details

Christophers, Helston

01326 331637

Next Steps?

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