5 Bed Detached House, Refurb/BRRR, Helston, TR12 7HT, £795,000

Laflouder Lane, Mullion TR12 7HT - 2 views - a month ago

Cash
Refurb/BRRR
~178 m²
+23 photos

ValuationOvervalued

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

 

 

Square Metres

~178.28 m²
Price/m²£4.5K/m²

Value Estimate

£553,292

 

 

End Value (After Refurb)

£559,304

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£198,750

Stamp Duty & Legal Fees

£68,200

Refurb Costs

£77,792

Bridging Loan Interest

£20,869

Total Cash In

£367,361

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£559,304

Mortgage (After Refinance)

£419,478

Mortgage LTV

75%

Cash Left In

£367,361

Equity

£139,826

Rent Range

£550 - £1,800

Rent Estimate

£1,098

Running Costs/mo

£1,987

Cashflow/mo

£-889

Cashflow/yr

£-10,673

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 
£572K11/220.04 mi25, Laflouder Fields, Mullion, Helston, Cornwall TR12 7HR4
£355K01/210.1 miTreganoon, Meres Valley, Mullion, Helston, Cornwall TR12 7HX4
£535K09/230.17 mi41, Laflouder Fields, Mullion, Helston, Cornwall TR12 7EJ4
£365K10/200.17 miLanarth, Laflouder Fields, Mullion, Helston, Cornwall TR12 7EJ4
£555K03/240.18 miThe Poppies, Churchtown, Mullion, Helston, Cornwall TR12 7HN4
£375K02/210.18 miTrotters Way, 11, Laflouder Fields, Mullion, Helston, Cornwall TR12 7EL4
£335K04/210.2 miTal An Vean, Polhorman Lane, Mullion, Helston, Cornwall TR12 7JD4
£350K12/200.26 mi4, Riviera Close, Mullion, Helston, Cornwall TR12 7AW4
£275K12/220.29 mi9, Trembel Road, Mullion, Helston, Cornwall TR12 7DY4
£230K03/210.33 mi15, Tregellas Road, Mullion, Helston, Cornwall TR12 7DX4
£475K12/220.46 miRosalea, Glenmoor Lane, Mullion, Helston, Cornwall TR12 7EF4
£515K12/220.48 miRosemorran, Glenmoor Lane, Mullion, Helston, Cornwall TR12 7EF4
£749K01/240.48 miTrenance Vean, Glenmoor Lane, Mullion, Helston, Cornwall TR12 7EF4
£360K11/200.58 mi14, Gwel An Garrek, Mullion, Helston, Cornwall TR12 7RW4
£655K06/210.66 miMeaver House, Meaver Road, Mullion, Helston, Cornwall TR12 7DP4
£540K03/211.51 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 
£1,80009/240.13 mi-4
£1,20002/250.21 mi-2
£70009/240.24 miTreveglos Court, Lender Lane, Mullion, Helston1
£82509/240.28 mi-2
£89003/250.28 mi-2
£1,45001/251 mi-3
£1,40009/241 mi-3
£1,10009/241.42 mi-1
£1,15012/242.13 mi-2
£55010/242.13 mi-1
£1,15001/252.13 mi-2
£90009/242.2 miCury, Helston2

Local Area Statistics

Population in TR12

9,482

Population in Helston

29,289

Town centre distance

4.93 miles away

Nearest school

0.30 miles away

Nearest train station

11.14 miles away

 

 

Rental growth (12m)

+12%

Sales demand

Buyer's market

Capital growth (5yrs)

+64%

Property History

Listed for £795,000

March 4, 2025

Floor Plans

Description

  • EXCITING OPPORTUNITY TO CREATE A DREAM HOME +
  • FIVE BEDROOM PROPERTY SET ON GENEROUS PLOT AND SURROUNDED BY MATURE GARDENS +
  • IN NEED OF RENOVATION WORKS +
  • CONVENIENTLY CLOSE TO THE HEART OF THE VILLAGE +

We are advised by our clients that this handsome Edwardian home was built by a ship's captain, thoughtfully positioned so he could use it as a marker from the sea upon his return home. Set within its own generous plot and surrounded by mature gardens, this imposing home offers a rare opportunity to restore a truly special residence.

Now in need of restoration throughout, the house presents an exciting opportunity to create a stunning coastal retreat tailored to your personal taste. Despite its peaceful and private setting, it remains conveniently close to the heart of the village, where a range of amenities, including shops, primary and secondary schooling, and local services, are within easy reach.

A unique chance to create an exceptional home in a sought-after coastal location, blending privacy, history, and fabulous views. Perfect for buyers who love the sea and the outdoors and wish to put their own stamp on their home.

TIMBER DOOR TO:

ENTRANCE VESTIBULE
With door to understairs storage cupboard and panel glazed door to;

HALLWAY
Radiator, doors to various and turning staircase to first floor.

SITTING ROOM 5.64m (max measurenents into the bay window) x 5.5
(18'6" (max measurements into the bay window) x 18')
A dual aspect room with two radiators and open fireplace in decorative surround. Bay window to side offering coastal and village views and window to front, looking out to Polurrian Cove.

DINING ROOM 4.65m " x 3.35m (15'3 " x 11')
A spacious dining room, perfect for formal entertaining. Radiator and bay window to front, offering a sea view.

STUDY 2.21m x 1.98m (7'3 x 6'6")
A useful space with radiator and window to rear.

PANTRY/STORE 1.57m x 0.97m (5'2" x 3'2")
A useful storage space with window to rear.

BREAKFAST ROOM 3.38m x 3.35m (11'1" x 11')
With radiator, window to side and opening to;

KITCHEN 3.53m x 2.67m (11'7" x 8'9")
Fitted with a range of base and wall units with one and half bowl stainless steel sink and drainer with mixer tap. Fitted Neff electric oven, with hob over. Space and plumbing for dishwasher, window to side and cupboard housing Worcester Danesmoor 20/25 oil fired boiler. Glazed door to;

REAR LOBBY
A useful storage area for coats and shoes with external door to side and doors to utility and cloakroom.

CLOAKROOM 1.42m x 1.42m (4'8" x 4'8")
With a high level w.c., wall mounted wash hand basin, radiator and obscured window to side.

UTILITY ROOM 3.53m x 1.70m (11'7" x 5'7")
With a range of base units with stainless steel sink and drainer. Space and plumbing for washing machine, radiator, window to rear and door to;

WORKSHOP 3.10m x 2.97m (10'2 x 9'9" )
A useful area utilised as a garden store and workshop with windows and external door to garden.

FIRST FLOOR LANDING

An attractive landing with windows to front offering fantastic coastal views and stairs continuing up to the second floor. Large airing cupboard, radiator and doors to various rooms.

BEDROOM 5.49m (max) by 3.78m (max) (18' (max) by 12'5" (max))
A wonderful light and spacious dual aspect room with three windows to the side aspect, overlooking the village. A full height window to front offering glorious views across the countryside to the sea. With built-in storage, pedestal wash hand basin with tiled surround.

BEDROOM 4.50m (max) x 3.63m'" (14'9" (max) x 11'11'")
With window to front offering coastal views, radiator and built-in storage.

BEDROOM 3.71m x 3.38m (12'2 x 11'1")
With window to side, radiator, built-in storage and pedestal wash hand basin with tiled splash back.

BATHROOM 2.24m x 1.98m (7'4" x 6'6")
With coloured suite comprising of a bath and pedestal wash hand basin, radiator and obscured window to rear.

SEPARATE W.C. 1.57m x 0.99m (5'2" x 3'3")
With coloured w.c., radiator and window to side.

SECOND FLOOR LANDING
With window to front offering fantastic views and doors to various rooms.

BEDROOM 4.29m x 3.73m (max measurements) (14'1" x 12'3" (max measurements))
With slight restricted head height at the edges of the room. Built-in storage, radiator and window to side.

BEDROOM 3.66m maximum x 3.15m minimum (12' maximum x 10'4" minimum)
With slight restricted head height in places. Radiator, window to side, access to eaves storage and built-in storage.

BATHROOM 3.45m x 1.70m (maximum measurements) (11'4" x 5'7" (maximum measurements))
Restricted head height in places. With coloured suite comprising of a bath, with tiled surround, pedestal wash hand basin and white low level w.c. Radiator, Velux and built-in storage.

OUTSIDE
A gated driveway offers access to the property and leads to the parking area and the double garage.

DOUBLE GARAGE 4.90m x 4.80m (16'1" x 15'9")
With two up and over doors to front, windows to side and rear and pedestrian access door to side. power and light. The garage is of sectional construction with a corrugated roof.

GARDENS
To the front of the property is a terrace with a covered area, taking full advantage of the views and offering the perfect spot for al fresco dining, Steps lead down from the terrace to the front garden which is an expanse of lawn with established shrubs, including a lovely Camelia. The garden continues to flow around the side and rear of the property where there is access to a further area, the 'secret garden'. Currently uncultivated, but a secluded and sheltered haven, surrounded by established shrubs and hedging. To the other side of the property is a further gated garden area, currently uncultivated, but traditionally utilised as the produce garden. There is also a glasshouse to the side of the property.

SERVICES
Mains electricity, water and drainage and oil fired central heating.

COUNCIL TAX
Council Tax Band F

MOBILE AND BROADBAND
To check the mobile and broadband coverage for this property please refer to the attached brochure.

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.

Agent Details

Christophers, Helston

01326 331637

Next Steps?

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