3 Bed Terraced House, Cash/Bridging Only, Helston, TR13 0BZ, £465,000

Lowertown, Helston, TR13 0BZ - 13 days ago

Cash
~93 m²
+20 photos

ValuationOvervalued

Sold Prices£180K - £426K
Sold Prices/m²£2.4K/m² - £5.1K/m²

 

 

Square Metres

~93 m²
Price/m²£5K/m²

Value Estimate

£298,349

 

 

End Value (After Refurb)

£315,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£116,250

Stamp Duty & Legal Fees

£35,200

Refurb Costs

£40,789

Bridging Loan Interest

£12,206

Total Cash In

£206,196

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£315,000

Mortgage (After Refinance)

£236,250

Mortgage LTV

75%

Cash Left In

£206,196

Equity

£78,750

Rent Range

£650 - £2,700

Rent Estimate

£1,279

Running Costs/mo

£1,260

Cashflow/mo

£19

Cashflow/yr

£226

ROI

0%

Gross Yield

3%

Local Sold Prices

53 sold prices from £180K to £426K, average is £255K. £2.4K/m² to £5.1K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£230K11/200.3 mi55, Gwarth An Drae, Helston, Cornwall TR13 0BS3
£194K01/210.3 mi25, Gwarth An Drae, Helston, Cornwall TR13 0BS3
£298K09/230.3 mi57, Gwarth An Drae, Helston, Cornwall TR13 0BS3
£280K10/230.3 mi27, Gwarth An Drae, Helston, Cornwall TR13 0BS3
£280K12/230.3 mi29, Gwarth An Drae, Helston, Cornwall TR13 0BS3
£280K12/230.3 mi29, Gwarth An Drae, Helston, Cornwall TR13 0BS3
£200K01/210.3 mi26, Nanscober Place, Helston, Cornwall TR13 0SP3
£250K07/210.3 mi11, Nanscober Place, Helston, Cornwall TR13 0SP3
£275K11/220.35 mi1, Gweal Wartha, Helston, Cornwall TR13 0SN3
£218K10/200.36 mi94, Gweal Wartha, Helston, Cornwall TR13 0SX3
£329.9K10/210.36 mi112, Pendeen Park, Helston, Cornwall TR13 0SL3
£295K01/230.36 mi174, Pendeen Park, Helston, Cornwall TR13 0SL3
£180K02/210.38 mi2, Gweal Wartha, Helston, Cornwall TR13 0SN3
£280K07/230.38 mi53, Gweal Wartha, Helston, Cornwall TR13 0SN3
£240K04/240.38 mi29, Gweal Wartha, Helston, Cornwall TR13 0SN3
£240K04/240.38 mi29, Gweal Wartha, Helston, Cornwall TR13 0SN3
£280K03/240.38 mi47, Gweal Wartha, Helston, Cornwall TR13 0SN3
£199.5K10/200.5 mi36, Carey Park, Helston, Cornwall TR13 0DH3
£370K07/230.5 mi21, Tregarrick Close, Helston, Cornwall TR13 8YA3
£195K12/220.5 mi4, Broad Walk, Helston, Cornwall TR13 0DJ3
£212K04/210.5 mi15, Seneschall Park, Helston, Cornwall TR13 8GA3
£215K06/210.53 mi21, Trenance Close, Helston, Cornwall TR13 8UX3
£229K04/210.57 mi2, Manaton Close, Helston, Cornwall TR13 8GB3
£230K11/220.57 mi17, Manaton Close, Helston, Cornwall TR13 8GB3
£300K03/230.57 mi21, Manaton Close, Helston, Cornwall TR13 8GB3
£270K12/230.57 mi18, Manaton Close, Helston, Cornwall TR13 8GB3
£245K05/210.57 mi16, Roskruge Close, Helston, Cornwall TR13 8GL3
£230K08/210.58 mi75, Trenethick Parc, Helston, Cornwall TR13 8LT3
£220K04/210.58 mi116, Tremenheere Avenue, Helston, Cornwall TR13 8TR3
£325K03/210.59 mi52, Orchard Close, Helston, Cornwall TR13 8UT3
£230K10/200.6 mi37, Trenethick Parc, Helston, Cornwall TR13 8LT3
£250K03/210.6 mi3, Trenethick Avenue, Helston, Cornwall TR13 8LU3
£260K10/210.6 mi47, Trenethick Avenue, Helston, Cornwall TR13 8LU3
£355K11/220.6 mi1, Trenethick Avenue, Helston, Cornwall TR13 8LU3
£405K06/230.6 mi22, Trenethick Avenue, Helston, Cornwall TR13 8LU3
£295K10/200.61 mi3, Roselidden Parc, Helston, Cornwall TR13 8UH3
£355K08/230.62 mi18, Belmont Road, Helston, Cornwall TR13 8UA3
£372K03/210.63 mi11, Century Close, Helston, Cornwall TR13 8FE3
£426K07/230.65 mi69, Osborne Parc, Helston, Cornwall TR13 8TZ3
£282.5K02/240.66 mi18, Parc Holland, Helston, Cornwall TR13 8GR3
£195K10/200.67 mi4, Trenethick Parc, Helston, Cornwall TR13 8LH3
£245K05/240.67 mi15, Trenethick Parc, Helston, Cornwall TR13 8LH3
£255K11/210.67 mi4, Tremenheere Avenue, Helston, Cornwall TR13 8SY3
£272K07/230.7 mi45, Osborne Parc, Helston, Cornwall TR13 8NZ3
£243.8K12/200.71 mi3, Forth Gwedhen, Helston, Cornwall TR13 8FL3
£186.5K03/210.73 mi5, Manor Close, Helston, Cornwall TR13 8LX3
£198.5K12/200.73 mi19, Manor Close, Helston, Cornwall TR13 8LX3
£187.5K01/210.73 mi14, Manor Close, Helston, Cornwall TR13 8LX3
£249.9K02/230.73 mi9, Manor Close, Helston, Cornwall TR13 8LX3
£375K12/210.73 mi22, Gwealhellis Warren, Helston, Cornwall TR13 8PQ3
£280K03/240.73 mi11, Gwealhellis Warren, Helston, Cornwall TR13 8PQ3
£280K03/240.73 mi11, Gwealhellis Warren, Helston, Cornwall TR13 8PQ3
£340K02/210.76 miWrafton, Hillcrest, Helston, Cornwall TR13 8UW3

Local Rents

39 rents from £650/mo to £2.7K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£87509/240.36 miGweal Wartha, Helston2
£80003/250.37 mi-1
£95012/240.51 mi-2
£95001/250.51 mi-2
£95009/240.51 miSeneschall Park, Helston, TR132
£97508/240.51 mi-2
£1,17509/240.57 mi-3
£1,20002/250.57 mi-3
£1,40009/240.6 miTrenithick Avenue, Helston, TR135
£92509/240.61 miOrchard Close, Helston, Cornwall, TR132
£1,30002/250.65 mi-3
£95009/240.71 miForth Gwedhen, Heslton2
£75009/240.86 miCrosswalla Fields, Helston1
£1,60002/240.86 mi-4
£1,35009/240.88 miFalmouth Road, Helston3
£1,35009/240.88 miFalmouth Road, Helston3
£1,80009/240.88 miFalmouth Road, Helston5
£1,45009/240.88 miFalmouth Road, Helston3
£1,45009/240.88 miFalmouth Road, Helston3
£1,35009/240.89 miFalmouth Road, Helston3
£1,80009/240.89 miFalmouth Road, Helston5
£1,80009/240.89 miFalmouth Road, Helston5
£1,20010/240.97 mi-3
£92509/241.04 miChurch Street, Helston, Cornwall2
£75009/241.08 mi-1
£75005/241.1 mi-1
£92509/241.12 miFive Wells Lane, Helston, Cornwall2
£65006/241.12 mi-1
£90009/241.16 miPlover Avenue, Helston, Cornwall2
£90009/241.3 miHellis Wartha, Helston, TR132
£1,99509/241.45 miWendron, Helston5
£2,00002/241.72 mi-4
£1,60012/241.72 mi-4
£87509/241.83 miNansevrus Bungalow, Crowntown, Helston, TR132
£2,25009/241.99 mi-3
£2,70010/241.99 mi-3
£1,60009/242.01 mi-2
£1,40001/252.2 mi-1
£1,30001/252.2 mi-1

Local Area Statistics

Population in TR13

19,807

Population in Helston

29,289

Town centre distance

1.35 miles away

Nearest school

0.70 miles away

Nearest train station

6.51 miles away

 

 

Rental growth (12m)

-37%

Sales demand

Balanced market

Capital growth (5yrs)

+30%

Property History

Listed for £465,000

March 22, 2025

Floor Plans

Description

  • DETACHED COTTAGE +
  • THREE BEDROOMS +
  • PRESENTED IN GOOD ORDER +
  • FAR REACHING RURAL VIEWS +
  • ADDITIONAL SMALL MEADOW +
  • DETACHED GARAGE & PARKING FOR SEVERAL VEHICLES +
  • SUMMER HOUSE +

A gorgeous three bedroom, detached cottage in the super rural hamlet of Lowertown. Presented in good order, both internally and externally, and full of character and period features, cradled by a beautiful mature cottage garden. The property has a far reaching rural outlook over the valley and enjoys the added bonus of a small meadow over the road.

The accommodation, in brief, provides a lovely main reception area with lounge and dining area, offering great views. There is a lovely country kitchen, coat and boot area and W.C. On the first floor there are three bedrooms, the two front rooms enjoying the super rural outlook and a well appointed shower room. The property benefits from two driveways with parking and a detached garage.

Lowertown is an extremely popular residential area situated on the western edge of Helston. Set in a lovely wooded valley the hamlet and surrounding area has a number of footpaths to explore, together with the River Cober running through the valley.

The market town of Helston is a short distance away with extensive amenities which include national stores, cinema, shops, public houses and sports centre with indoor swimming pool. There are many well regarded primary schools and a secondary school, with sixth form college, available locally. A university campus can be found in the port town of Falmouth which is some twelve miles away. A mainland railway station is situated approximately ten miles away in Redruth as is the A30, the main arterial road into Cornwall.

Helston is the gateway to the The Lizard Peninsula, an area of outstanding natural beauty with many beaches, coves, areas of moorland and beautiful walks including the south west coastal footpath.

THE ACCOMMODATION COMPRISES (DIMENSIONS APPROX)

Part glazed door to entrance area/sun room.

SUN ROOM
Being triple aspect and a lovely place to sit and enjoy the far reaching rural views over the top of the meadow. The room has stone tiling to the floor and a stable door leads to the lounge/dining room.

LOUNGE/DINING ROOM
7.64m x 3.36m (25'0" x 11'0" )
Separated into two distinctive areas with a lounge with a fireplace with stone hearth surround (not tested), raised stone shelf for tv. Window to the front aspect, again enjoying the super outlook, beamed ceiling and feature pendant light. The dining area also has beamed ceilings and a window to the front aspect enjoying the views. Stable style door to kitchen.

KITCHEN
4.89m x 2.61m max measurements (16'0" x 8'6" max measurements )
A lovely cream country style kitchen with butcher's block effect worktops that incorporate a stainless steel sink drainer with tiled splashbacks. There are a mix of base and drawer units under with wall units over, a space is provided for a cooker with hood over, wall to ceiling pantry cupboard, beamed ceilings, two windows to the rear aspect and tile effect vinyl flooring. With glazed door to rear porch/boot and coat hanging area.

REAR PORCH
With boot and coat hanging area. With tile effect flooring and door out on to the garden. With further door to cloakroom.

CLOAKROOM
With close coupled W.C., pedestal wash handbasin with shelf over and windows to both side and rear aspects. From the lounge/dining area stairs rise to the first floor landing.

FIRST FLOOR LANDING
With doors to all other rooms.

BEDROOM ONE
3.56m x 3.81m (11'8" x 12'5" )
A lovely bedroom with built-in wardrobes, one of which incorporates a dressing area, wash handbasin with shelf and light over and a window to the front aspect enjoying a quite lovely rural outlook over the meadow onwards to rolling countryside.

BEDROOM TWO
3.60m x 2.90m (11'9" x 9'6")
With wash handbasin, window to the front aspect and again enjoying the views, built-in wardrobes. Loft hatch to roof space.

BEDROOM THREE
2.96m x 2.53m plus alcove (9'8" x 8'3" plus alcove )
With wash handbasin, built-in wardrobe and windows to both the rear and side aspect overlooking the gardens.

SHOWER ROOM
Well appointed with a generous glazed walk-in shower cubicle with easyclean splashback, pedestal wash handbasin, airing cupboard, feature shelving, part tiling to the walls, window to the rear aspect and anti slip stone effect flooring.

W.C.
With close coupled W.C., part tiling to the walls and obscure window to the rear aspect.

OUTSIDE
There is a driveway with parking that leads to the detached garage.

DETACHED GARAGE
6.2m x 3.53m (20'4" x 11'6" )
With concertina wooden doors, power, light, window to the rear aspect, along with a further service door. Driveway, with further parking and gates that lead to the rear of the property.

GARDENS
The cottage gardens run predominantly to the side of the property with many beds housing mature plants, trees and specimen shrubs. There are pretty stone hedgerows at the borders, lawn areas and, from many points in the garden, one looks across the meadow onwards to lovely rural rolling countryside. There is a summer house enjoying the views. A lovely space to sit and watch country life. From the front of the cottage one crosses the quiet country lane to a field gate to enter a small meadow included with the property. The meadow gently slopes and enjoying wonderful views over open countryside with trees and nature at its border and views back to the western edge of the market town of Helston.

SERVICES
Mains water, electricity and private drainage. Oil fired central heating.

BOILER ROOM/WORKSHOP
5.14m x 2.12m (16'10" x 6'11")
A very useful space which houses the Grant oil boiler and plumbing for washing machine. Sink drainer unit, power and light. Lean-to pitch ceiling and two windows to the side aspect.

DIRECTIONS
From Helston town centre proceed up Wendron Street and along Godolphin Road. At the Turnpike Roundabouts turn left signposted Redruth and follow this road passing the school playing field on your left hand side and go straight across the small mini roundabout. At the next larger roundabout turn left signposted Lowertown follow this road down into the hamlet of Lowertown, over the bridge, up the other side rising up the hill. Take the turning on the left and the property will be found after a short distance on the right hand side and identifiable by our For Sale board.

COUNCIL TAX
Council Tax Band C.

MOBILE AND BROADBAND
For more information about mobile and broadband services to this property please see 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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