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Lanlivery, Lostwithiel, Cornwall, PL22 - Image 1
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Lanlivery, Lostwithiel, Cornwall, PL22 - Image 5

Lanlivery, Lostwithiel, Cornwall, PL22

South West

£895,000
Listed on 12/03/2024

Property Details

Bedrooms
4
Type
Detached house
Area
1883 sqft

Description

This distinctive Grade II listed four-bedroom detached cottage offers a unique opportunity for renovation and investment, nestled within approximately 4.5 acres of diverse grounds that include outbuildings, paddocks, and areas of woodland. The property is set on the outskirts of the charming village of Lanlivery, providing a serene rural atmosphere while still being conveniently located near the A390, which facilitates easy travel throughout the county and beyond. Positioned to take advantage of lovely views towards the village's notable church, this home retains an abundance of character and potential. The local community is welcoming, featuring a popular pub and a primary school, both adding to the appeal of village life. Just a short distance away lies Lostwithiel, a town rich in amenities, situated approximately one and a half miles from the property. Here you will find essential shops catering to daily needs as well as access to a mainline railway station with regular services to London Paddington. With its spacious layout and extensive grounds, this cottage presents ample scope for renovation or reimagining into a modern family home or even into multiple units (subject to planning permissions). Its combination of historical charm and development potential makes it an attractive proposition for investors looking to capitalize on the growing demand for properties in this picturesque area.

Investment Analysis

(PL22 area)

Above Market Value

This property is priced +42.8% above area average per sq ft

+42.8%
This Property
£475/sq ft
Area Average
£333/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£689,432
10% above area average per sq ft
Potential ROI
-32.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PL22)

Area prices are falling by +2.9% over the last 12 months
3 year growth: 0.2%
5 year growth: 15.5%
Investment Disclaimer: Analysis based on PL22 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Lanlivery, Lostwithiel, Cornwall, PL22
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,279
Based on a loan of £671,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE