2 Bed Terraced House, Cash/Bridging Only, Helston, TR13 0SP, £220,000

30 Nanscober Place, Helston, TR13 0SP - 1 views - 24 days ago

Cash
ROI: 1%
55 m²
+13 photos

ValuationOvervalued

Sold Prices£136.5K - £353.5K
Sold Prices/m²£1.8K/m² - £5.6K/m²

 

 

Square Metres

55 m²
Price/m²£4K/m²

Value Estimate

£199,639

 

 

End Value (After Refurb)

£198,375

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£12,200

Refurb Costs

£24,123

Bridging Loan Interest

£5,775

Total Cash In

£98,848

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£198,375

Mortgage (After Refinance)

£148,781

Mortgage LTV

75%

Cash Left In

£98,848

Equity

£49,594

Rent Range

£875 - £975

Rent Estimate

£930

Running Costs/mo

£826

Cashflow/mo

£104

Cashflow/yr

£1,249

ROI

1%

Gross Yield

5%

Local Sold Prices

52 sold prices from £136.5K to £353.5K, average is £220.8K. £1.8K/m² to £5.6K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£183K03/210 mi29, Nanscober Place, Helston, Cornwall TR13 0SP2
£160K12/210 mi20, Nanscober Place, Helston, Cornwall TR13 0SP2
£198K07/230 mi31, Nanscober Place, Helston, Cornwall TR13 0SP2
£215K11/230 mi40, Nanscober Place, Helston, Cornwall TR13 0SP2
£230K12/230 mi28, Nanscober Place, Helston, Cornwall TR13 0SP2
£250K08/210.14 mi15, Pendeen Park, Helston, Cornwall TR13 0DL2
£295K03/230.14 mi2, Pendeen Park, Helston, Cornwall TR13 0DL2
£189.9K10/200.23 mi18, Trenance Close, Helston, Cornwall TR13 8UX2
£240K11/200.37 mi2, Millbrook Cottages, Lowertown, Helston, Cornwall TR13 0BZ2
£256K10/220.41 mi8, Chytroose Close, Helston, Cornwall TR13 8UY2
£203K01/230.41 mi11, Chytroose Close, Helston, Cornwall TR13 8UY2
£210K04/230.41 mi7, Chytroose Close, Helston, Cornwall TR13 8UY2
£305K09/220.43 mi4, Gwealhellis Warren, Helston, Cornwall TR13 8PQ2
£250K06/230.44 mi35, Seneschall Park, Helston, Cornwall TR13 8GA2
£280K11/230.46 mi20, Trenethick Avenue, Helston, Cornwall TR13 8LU2
£200K03/210.49 mi25, Roskruge Close, Helston, Cornwall TR13 8GL2
£240K01/210.51 mi2, Trenethick Close, Helston, Cornwall TR13 8LQ2
£192K03/230.56 miWoodstock, 2, Canons Place, Helston, Cornwall TR13 8LS2
£182K11/200.56 mi34, Tremenheere Avenue, Helston, Cornwall TR13 8SY2
£247K02/230.56 mi38, Tremenheere Avenue, Helston, Cornwall TR13 8SY2
£235K12/220.56 mi34, Tremenheere Avenue, Helston, Cornwall TR13 8SY2
£235K01/240.56 mi32, Tremenheere Avenue, Helston, Cornwall TR13 8SY2
£250K08/230.56 mi26, Parc Holland, Helston, Cornwall TR13 8GR2
£285K09/230.59 mi5, Gwealdues, Helston, Cornwall TR13 8LA2
£210K11/200.6 mi25, Barton Close, Helston, Cornwall TR13 8LL2
£225K10/200.64 mi20, Forth Gwedhen, Helston, Cornwall TR13 8FL2
£245K09/230.64 mi10, Forth Gwedhen, Helston, Cornwall TR13 8FL2
£353.5K10/220.64 mi18, Forth Gwedhen, Helston, Cornwall TR13 8FL2
£189.5K05/210.64 mi3a, Church Hill, Helston, Cornwall TR13 8NN2
£240K08/230.64 mi3a, Church Hill, Helston, Cornwall TR13 8NN2
£216.5K02/230.66 mi76, Manor Way, Helston, Cornwall TR13 8LZ2
£200K04/210.68 mi34, Godolphin Road, Helston, Cornwall TR13 8QD2
£175K10/230.73 mi30, Church Street, Helston, Cornwall TR13 8TQ2
£235K04/230.74 mi11, Penrose Road, Helston, Cornwall TR13 8TP2
£245K11/230.74 mi6, Penrose Road, Helston, Cornwall TR13 8TP2
£245K11/230.74 mi6, Penrose Road, Helston, Cornwall TR13 8TP2
£250K05/230.74 miThe Little House, St Johns Road, Helston, Cornwall TR13 8HW2
£270K09/230.75 miHazeldene, Sanctuary Lane, Helston, Cornwall TR13 8UG2
£191.5K06/210.75 mi12, Cross Street, Helston, Cornwall TR13 8NG2
£159.9K05/210.78 mi43b, Wendron Street, Helston, Cornwall TR13 8PT2
£212K10/230.8 mi3, Nettles Hill, Helston, Cornwall TR13 8HD2
£160K01/240.8 mi15, Lady Street, Helston, Cornwall TR13 8NA2
£190K10/200.81 mi19, Parc An Dower, Helston, Cornwall TR13 8AQ2
£215K02/240.81 mi4, Parc An Dower, Helston, Cornwall TR13 8AQ2
£172K05/210.86 mi32, Trevenen Road, Helston, Cornwall TR13 8AH2
£225K11/230.89 mi20, Hawkins Way, Helston, Cornwall TR13 8FQ2
£225K11/230.89 mi20, Hawkins Way, Helston, Cornwall TR13 8FQ2
£215K03/240.89 mi17, Hawkins Way, Helston, Cornwall TR13 8FQ2
£150K01/210.9 mi12, Trengrouse Way, Helston, Cornwall TR13 8AF2
£165K06/210.92 mi15, Kellaway Park, Helston, Cornwall TR13 8QU2
£136.5K01/210.94 mi26, Plover Avenue, Helston, Cornwall TR13 8FW2
£235K12/200.96 mi2, Penview Crescent, Helston, Cornwall TR13 8RX2

Local Rents

11 rents from £875/mo to £975/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£87509/240.07 miGweal Wartha, Helston2
£92509/240.31 miOrchard Close, Helston, Cornwall, TR132
£95012/240.44 mi-2
£95001/250.44 mi-2
£95009/240.44 miSeneschall Park, Helston, TR132
£97508/240.44 mi-2
£95009/240.64 miForth Gwedhen, Heslton2
£92509/240.73 miChurch Street, Helston, Cornwall2
£92509/240.82 miFive Wells Lane, Helston, Cornwall2
£90009/240.93 miPlover Avenue, Helston, Cornwall2
£90009/241.04 miHellis Wartha, Helston, TR132

Local Area Statistics

Population in TR13

19,807

Population in Helston

29,289

Town centre distance

1.06 miles away

Nearest school

0.40 miles away

Nearest train station

6.82 miles away

 

 

Rental growth (12m)

-37%

Sales demand

Balanced market

Capital growth (5yrs)

+30%

Property History

Listed for £220,000

March 7, 2025

Floor Plans

Description

  • TWO BEDROOM TERRACED HOME +
  • LOW MAINTENANCE GARDEN +
  • IDEAL FOR FIRST TIME BUYERS OR A SMALL FAMILY +
  • ATTRACTIVE VIEWS OVER THE COBER VALLEY +
  • KITCHEN BREAKFAST ROOM +
  • AIR SOURCE HEATING +
  • COUNCIL TAX BAND B +

Situated in a lovely location on the edge of town, this two-bedroom property presents a fantastic opportunity for first-time buyers or small families. It enjoys a tranquil position, fronting an attractive green area with scenic views over the Cober Valley, offering easy access to beautiful wooded riverside walks. The property itself boasts a cosy yet spacious lounge, ideal for relaxing, and a bright kitchen/breakfast room with direct access to the enclosed rear garden. Upstairs, you will find two comfortable double bedrooms and a family bathroom.

The rear garden is designed to be low maintenance, making it easy to enjoy outdoor space without hours of upkeep. The property also benefits from allocated off-road parking for added convenience.

With updated UPVC double glazed doors and windows, as well as efficient air source heating, this
home combines comfort and modern living. Do not miss out on the chance to own this super property in a sought after location.

THE ACCOMMODATION COMPRISES (DIMENSIONS APPROX)

Door to entrance porch.

ENTRANCE PORCH
With panelled glazed door to lounge.

LOUNGE
15'5" x 11'8" (4.70m x 3.56m)
With radiator and window to the front offering an attractive outlook. Turning staircase to first floor
with understairs storage cupboard and door to kitchen/breakfast room.

KITCHEN/BREAKFAST ROOM
11'7" x 9'6" (3.53m x 2.90m)
A lovely light room with direct access to the garden. With tiled floor fitted with a range of base and wall units including larder cupboard with work surfaces over and stainless steel sink and drainer.
Space and point for fridge/freezer and space and plumbing for washing machine. Beko integrated
electric oven with gas hob over and filter and light above. Radiator. Double doors and window to the rear garden.

FIRST FLOOR LANDING
With loft access and doors to various rooms.

BEDROOM ONE
11'7" x 9'6" (3.53m x 2.90m)
With radiator and window to the rear overlooking the garden.

BEDROOM TWO
11'8" x 7'2" (3.56m x 2.18m)
With radiator and window to rear offering an attractive view across the Cober Valley.

BATHROOM
8' x 4'6" (2.44m x 1.37m)
With a suite comprising a bath with wall mounted shower attachment over, wash handbasin in a
vanity unit with useful cupboard below, low level W.C., chrome effect ladder style radiator and useful large storage cupboard.

OUTSIDE
To the front of the property is a token lawned area with path to the front door. The main gardens lie to the rear of the property and are designed for ease of maintenance comprising of a patio area with gravelled tiers. The entire garden is enclosed by fencing with a pedestrian access gate to the
parking space where there is space for two vehicles parked in tandem.

SERVICES
Mains water, electricity, gas and drainage. Full fibre connection. Air source heating.

COUNCIL TAX
Council Tax Band B

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

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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