3 Bed Terraced House, Single Let, Hayle, TR27 4AE, £270,000

5 Foundry Square, Hayle, Cornwall, TR27 4AE - 1 views - 16 days ago

BTL
ROI: 3%
82 m²
+7 photos

ValuationUndervalued

Sold Prices£186K - £540K
Sold Prices/m²£2.3K/m² - £6.6K/m²

 

 

Square Metres

82 m²
Price/m²£3.3K/m²

Value Estimate

£307,937
BMV14%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£15,700

Total Cash In

£83,200

 

 

Cash Out

 

Rent Range

£975 - £4,695

Rent Estimate

£1,383

Running Costs/mo

£1,140

Cashflow/mo

£243

Cashflow/yr

£2,912

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £186K to £540K, average is £330K. £2.3K/m² to £6.6K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£287.5K03/240.04 mi14, Penpol Road, Hayle, Cornwall TR27 4AD3
£370K01/240.05 mi1, Tremeadow Terrace, Hayle, Cornwall TR27 4AF3
£400K07/230.05 mi12, Tremeadow Terrace, Hayle, Cornwall TR27 4AF3
£197K02/210.12 mi9, Haven Court, Hayle, Cornwall TR27 4SE3
£320K11/220.12 mi3, Haven Court, Hayle, Cornwall TR27 4SE3
£375K12/200.14 mi36, Foundry Hill, Hayle, Cornwall TR27 4HW3
£308K04/210.16 mi18, Foundry Hill, Hayle, Cornwall TR27 4HW3
£350K07/230.16 mi30, Foundry Hill, Hayle, Cornwall TR27 4HW3
£283.8K05/210.21 mi56, Penpol Terrace, Hayle, Cornwall TR27 4BQ3
£194K05/230.22 mi22, Penpol Terrace, Hayle, Cornwall TR27 4BQ3
£275K08/220.25 mi16, Crun Melyn Parc, Hayle, Cornwall TR27 4RH3
£450K10/210.3 mi59, Mellanear Close, Hayle, Cornwall TR27 4QU3
£250K09/220.33 mi12, Cornubia Close, Hayle, Cornwall TR27 4RL3
£275K10/220.34 mi1, Cornubia Close, Hayle, Cornwall TR27 4RL3
£191K09/220.34 mi4, Cornubia Close, Hayle, Cornwall TR27 4RL3
£265K09/220.34 mi5, Cornubia Close, Hayle, Cornwall TR27 4RL3
£370K10/220.35 mi33, St Georges Road, Hayle, Cornwall TR27 4AL3
£261.1K05/230.35 mi55, St Georges Road, Hayle, Cornwall TR27 4AL3
£397K09/230.35 mi27, St Georges Road, Hayle, Cornwall TR27 4AL3
£375K12/200.35 mi37, St Georges Road, Hayle, Cornwall TR27 4AL3
£415.5K01/230.36 mi76, Hayle Terrace, Hayle, Cornwall TR27 4BT3
£215K08/230.4 mi12, Harveys Way, Hayle, Cornwall TR27 4PE3
£192.5K01/210.4 mi73, Harveys Way, Hayle, Cornwall TR27 4PF3
£320K01/210.4 mi10, Albertus Gardens, Hayle, Cornwall TR27 4JB3
£313K02/240.41 mi12, Mount Pleasant Gardens, Hayle, Cornwall TR27 4JR3
£335K03/210.41 mi42, Trelissick Road, Hayle, Cornwall TR27 4HY3
£412.5K12/220.42 mi5, Albertus Road, Hayle, Cornwall TR27 4JQ3
£345K01/210.44 mi4, Albertus Road, Hayle, Cornwall TR27 4JQ3
£416.8K04/230.44 mi11, Albertus Road, Hayle, Cornwall TR27 4JQ3
£367.5K09/210.44 mi3, Albertus Road, Hayle, Cornwall TR27 4JQ3
£345K04/210.44 mi8, Albertus Road, Hayle, Cornwall TR27 4JQ3
£335K02/210.44 mi19a, Albertus Road, Hayle, Cornwall TR27 4JQ3
£280K07/210.44 mi22, Mount Pleasant, Hayle, Cornwall TR27 4LD3
£540K03/240.44 mi11, Mount Pleasant, Hayle, Cornwall TR27 4LD3
£186K11/200.45 mi7, Bowling Green Court, Hayle, Cornwall TR27 4RP3
£215K08/210.46 mi22, Commercial Road, Hayle, Cornwall TR27 4DG3
£342K05/230.47 mi30, Commercial Road, Hayle, Cornwall TR27 4DG3
£340K10/220.48 mi15, Ash Drive, Hayle, Cornwall TR27 6PF3
£272.5K12/200.48 mi26, Ash Drive, Hayle, Cornwall TR27 6PF3
£305K09/230.48 mi32, Ash Drive, Hayle, Cornwall TR27 6PF3
£395K09/220.48 mi23, Ash Drive, Hayle, Cornwall TR27 6PF3
£450K02/230.49 mi29, Clifton Terrace, Hayle, Cornwall TR27 4BP3
£475K01/230.49 mi24, Clifton Terrace, Hayle, Cornwall TR27 4BP3
£233.5K07/220.49 mi10, Coronation Road, Hayle, Cornwall TR27 4AY3
£325K08/230.5 mi43, Commercial Road, Hayle, Cornwall TR27 4DE3
£230K07/210.51 mi44, Mount Pleasant, Hayle, Cornwall TR27 4LE3
£345K12/200.51 mi41, Trelissick Fields, Hayle, Cornwall TR27 6HZ3
£338K07/230.51 mi31, Trelissick Fields, Hayle, Cornwall TR27 6HZ3
£345K12/200.51 mi41, Trelissick Fields, Hayle, Cornwall TR27 6HZ3
£285K12/200.51 mi35, Trelissick Fields, Hayle, Cornwall TR27 6HZ3

Local Rents

16 rents from £975/mo to £4.7K/mo, average is £3.2K/mo.

RentDateDistanceAddressBeds 
£1,55001/250.05 mi-3
£1,45011/240.05 mi-3
£1,45012/240.05 mi-3
£1,80012/230.05 mi-3
£3,19512/240.11 mi-3
£3,19503/250.11 mi-3
£3,48503/250.13 mi-3
£3,19512/240.16 mi-3
£3,19512/240.17 mi-3
£3,19512/240.17 mi-3
£3,19503/250.17 mi-3
£97510/240.23 miPenpol Vean, Hayle3
£1,39509/230.25 mi-3
£3,78510/240.46 mi-3
£4,69502/240.46 mi-3
£1,30009/240.61 mi-3

Local Area Statistics

Population in TR27

14,776

Town centre distance

0.29 miles away

Nearest school

0.10 miles away

Nearest train station

0.17 miles away

 

 

Rental growth (12m)

+9%

Sales demand

Buyer's market

Capital growth (5yrs)

+43%

Property History

Listed for £270,000

March 26, 2025

Floor Plans

Description

  • THREE BEDROOMS +
  • LIVING ROOM * KITCHEN / DINING ROOM +
  • FIRST FLOOR BATHROOM +
  • DECKED COURTYARD TO THE REAR +
  • COVERED STORAGE AREA +
  • DOUBLE GLAZING * GAS CENTRAL HEATING +
  • EPC = D +
  • COUNCIL TAX BAND = B * APPROXIMATELY 82 SQUARE METRES +
  • NO ONWARD CHAIN * NO ALLOCATED PARKING +

Situated near the centre of the foundry end of Hayle is this nicely presented three bedroom end terrace cottage. The accommodation comprises a living room and good size kitchen diner. On the first floor there are three bedrooms and a family bathroom. Externaly there is a small decked courtyard to the rear with a covered storage area and access to the side leading to the front of the property. There is an element of flying freehold making the property deceivingly spacious on the first floor. The property is offered to the marked with no onward chain and due to the popularity of properties within the area, we would highly recommend an early appointment to view.

Property additional info

DOUBLE GLAZED DOOR TO:

ENTRANCE PORCH:
Built in cupboard under the stairs housing gas meter. Multipane door to:

LIVING ROOM: 14' 2" x 14' 1" narrowing to 10' 1" (4.32m x 4.29m - 3.07m)
Painted granite fireplace with woodburner set on slate hearth and alcoves to either side, radiator, inset spotlights, double glazed window to the front and double doors to the rear courtyard. Opening to:

KITCHEN / DINING ROOM: 12' 7" x 8' 8" (3.84m x 2.64m)
Range of base and wall mounted units, ceramic butler style sink, plumbing for washing machine and dishwasher, electric oven and hob with extractor hood over, space for fridge/freezer, doubel glazed window and door to the side, full height radiator, sunken spotlights, Velux to the side, access to the loft.

STAIRS FROM LIVING ROOM TO:

FIRST FLOOR LANDING:
PIV system, double glazed window to the front, radiator.

BEDROOM ONE: 15' 4" narrowing to 12' 10" x 11' 10" (4.67m - 3.91m x 3.61m)
Exposed beams, access to lofts either side, exposed granite to one wall, doubel glazed window to the rear.

BEDROOM TWO: 12' 0" x 7' 5" (3.66m x 2.26m)
Double glazed window to the rear with window area, radiator.

BEDROOM THREE: 8' 6" x 7' 4" (2.59m x 2.24m)
Double glazed window to the front with window seat, radiator.

BATHROOM: 10' 7" x 7' 8" narrowing to 5' 0" (3.23m x 2.34m - 1.52m)
Panelled bath with mixer tap, shower attachment and glazed screen, low level w.c, wall mounted wash hand basin with drawers under, heated towel rail, Velux window to the rear, built in cupboard housing combination gas boiler, further shelved cupboard.

OUTSIDE:
To the rear of the property there is a decked courtyard with high wall surround, gate to covered storage area with power and gated access to a shared pathway to the side of the property with further gate onto Chapel Terrace.

SERVICES:
Mains water, gas, electricity and drainage.

AGENTS NOTE:
The property is constrcuted of granite under a slate tiled roof. We check the phone signal with EE which was intermittent. We understand from Openreach that Superfast Fibre Broadband (FTTC) should be available to the property. Please note that there is an element of flying freehold to the property.

DIRECTIONAL NOTE:
From Marshall's Hayle office proceed in a westerly direction to the Foundry end of the town. At the roundabout take the first exit the the first right along Foundry Square then the first right into Chapel Terrace whereby the property can be found on your right hand side.

Roof type: Slate tiles.

Mobile signal/coverage: Intermittent.

Flooded in the last 5 years: No.

Does the property have flood defences?
No.

Building Safety: None of the above.

Construction materials used: Others.

Water source: Direct mains water.

Electricity source: National Grid.

Sewerage arrangements: Standard UK domestic.

Heating Supply: Central heating (gas).

Broadband internet type: FTTC (fibre to the cabinet).

Does the property have required access (easements, servitudes, or wayleaves)?
No.

Do any public rights of way affect your your property or its grounds?
No.

Parking Availability: No.

Agent Details

Marshalls Estate Agents, Penzance

01736 808705

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪