2 Bed Semi-Detached House, Refurb/BRRR, Helston, TR12 7BH, £202,000

Semi-Deatched home with great potential, White Cross, Cury, TR12 7BH - 16 days ago

Sold STC
Refurb/BRRR
ROI: 3%
~68 m²
+15 photos

ValuationUndervalued

Sold Prices£166K - £387.5K
Sold Prices/m²£2.5K/m² - £6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3K/m²

Value Estimate

£208,060
BMV3%

 

 

End Value (After Refurb)

£211,379

Uplift in Value

+5%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£50,500

Stamp Duty & Legal Fees

£11,300

Refurb Costs

£29,720

Bridging Loan Interest

£5,303

Total Cash In

£98,572

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£211,379

Mortgage (After Refinance)

£158,534

Mortgage LTV

75%

Cash Released

£7,034

Cash Left In

£91,538

Equity

£52,845

Rent Range

£550 - £1,800

Rent Estimate

£1,117

Running Costs/mo

£904

Cashflow/mo

£213

Cashflow/yr

£2,556

ROI

3%

Gross Yield

7%

Local Sold Prices

21 sold prices from £166K to £387.5K, average is £295K. £2.5K/m² to £6K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£166K10/200.03 miGlen Cottage, White Cross, Cury, Helston, Cornwall TR12 7BH2
£290K06/210.43 miTregweath, Churchtown, Cury, Helston, Cornwall TR12 7BW2
£331K07/230.43 miTregweath, Churchtown, Cury, Helston, Cornwall TR12 7BW2
£255K11/200.64 miLittle Oaks, Nantithet, Cury, Helston, Cornwall TR12 7RB2
£250K01/211.42 mi12, Woodlands, Mullion, Helston, Cornwall TR12 7RN2
£300K01/211.44 miRedannack Bungalow, Lender Lane, Mullion, Helston, Cornwall TR12 7HS2
£280K12/201.48 miWillow End, Churchtown, Mullion, Helston, Cornwall TR12 7BT2
£295K05/211.48 miSt. Michaels Cottage, Churchtown, Mullion, Helston, Cornwall TR12 7BT2
£235K07/231.52 miSavoy House, Churchtown, Mullion, Helston, Cornwall TR12 7HQ2
£305K04/221.52 miCarpenters Cottage, Churchtown, Mullion, Helston, Cornwall TR12 7HN2
£285K06/211.52 miMullion Cottage, Churchtown, Mullion, Helston, Cornwall TR12 7HJ2
£285K06/211.53 miMullion Cottage, Churchtown, Mullion, Helston, Cornwall TR12 7HJ2
£387.5K03/231.54 mi63, Laflouder Fields, Mullion, Helston, Cornwall TR12 7HR2
£320K06/211.55 miChy-an-coth, Laflouder Lane, Mullion, Helston, Cornwall TR12 7HT2
£365K06/211.58 miAngwenyn, Meaver Road, Mullion, Helston, Cornwall TR12 7DN2
£300K09/211.59 mi18, Gibbons Fields, Mullion, Helston, Cornwall TR12 7EA2
£300K09/211.59 mi18, Gibbons Fields, Mullion, Helston, Cornwall TR12 7EA2
£210K12/211.59 mi26, Gibbons Fields, Mullion, Helston, Cornwall TR12 7EA2
£320K06/211.66 mi88, Laflouder Fields, Mullion, Helston, Cornwall TR12 7EJ2
£303K04/211.9 miRose Cottage, Berepper, Gunwalloe, Helston, Cornwall TR12 7QG2
£205K04/221.99 miAmbella, Rosevear Hill, Mawgan, Helston, Cornwall TR12 6BA2

Local Rents

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

RentDateDistanceAddressBeds 
£1,15012/240.63 mi-2
£55009/240.63 mi-1
£1,15012/240.63 mi-2
£90009/240.74 miCury, Helston2
£1,35009/241.28 miMerries Barns, Cury, Helston, Cornwall3
£70009/241.42 miTreveglos Court, Lender Lane, Mullion, Helston1
£1,20002/251.53 mi-2
£1,80009/241.59 mi-4
£82509/241.77 mi-2
£95003/251.77 mi-2
£1,10009/242.45 mi-2
£1,45001/252.46 mi-3
£1,40009/242.46 mi-3

Local Area Statistics

Population in TR12

9,482

Population in Helston

29,289

Town centre distance

3.74 miles away

Nearest school

1.60 miles away

Nearest train station

9.75 miles away

 

 

Rental growth (12m)

+12%

Sales demand

Buyer's market

Capital growth (5yrs)

+64%

Property History

Listed for £202,000

March 14, 2025

Floor Plans

Description

  • TWO BEDROOM SEMI DETACHED HOME +
  • REQUIRES MODERNISATION +
  • CLOSE BY TO BEACHES +
  • NEAR BY TO AMENITIES +
  • FREEHOLD TENURE +
  • EPC- 29- F +
  • COUNCIL TAX BAND C +
  • NO ONWARD CHAIN +

Located in the charming village of Cury, Helston, this semi-detached house presents a wonderful opportunity for those looking to create their dream home. With two spacious bedrooms, this property offers ample room for a small family or a couple seeking a peaceful retreat.

The location is particularly appealing, as White Cross is known for its picturesque surroundings and friendly community. Residents can enjoy the tranquillity of village life while still being within easy reach of local amenities and the stunning Cornish coastline.

While the house does require some work, this presents a unique chance for buyers to personalise the space to their taste and needs. Whether you envision a modern renovation or a more traditional approach, the potential is vast. The semi-detached nature of the property allows for a sense of privacy, while still being part of a welcoming neighbourhood.

This property, believed to have been the Sunday School part of the former chapel, is ideal for those with a vision and a desire to invest in a home that can be tailored to their lifestyle. With a little imagination and effort, this house could transform into a delightful residence that reflects your personal style.

Price- £202,000 -

Location - Approximately a mile inland, Cury is a superb base from which to explore the Lizard peninsula and beyond. Close by are the sandy beaches of Gunwalloe and Poldhu with a plethora of stunning beaches within easy reach including the iconic Kynance Cove. The Most Southerly Point is just a short drive away. Keen golfers will be thrilled by Mullion Golf Club, the most southerly golf course offering 18 holes and spectacular views. Walkers are spoiled for choice with many miles of footpaths to enjoy including the South West coastal path. Nearby Mullion offers an excellent range of day to day facilities to include shops, a pharmacy and a doctors surgery as well as Mullion Harbour and Cove and hotels with swimming pool, gym and leisure facilities.

Accommodation - Entrance Porch
Lounge/Diner
Kitchen
Utility Store
Bedroom One
Bedroom Two
Bathroom

Outside - This property is approached via a gate and steps lead past the lawned front garden. To the side and rear are further garden areas over-looking a playing field.

Services - Mains water, electricity and private drainage.

Council Tax Band C -

Anti Money Laundering Regulations – Purchasers - 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

What3words - ///drain.jolt.dating

Agent Details

Mather Partnership, Helston

01326 332051

Next Steps?

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