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Whitehall, Scorrier

South West

£600,000
Listed on 17/06/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1420 sqft

Description

This charming three-bedroom detached property, once a forge dating back to the late 1800s, offers a unique opportunity for renovation and investment. Nestled within expansive garden grounds of over an acre, the property features various outbuildings that hint at its potential for further development. The lush gardens are enhanced by mature trees and sunny clearings, creating a serene outdoor environment. The main residence boasts a characterful thatched roof—recently re-thatched with durable water reed—and consists of a spacious reception/dining area, which includes an oil-fired Rayburn. The large living room is well-lit with a picturesque window offering views of the gardens, while the kitchen includes oak-style cabinetry and integrated appliances. This layout ensures comfortable living while providing ample scope for modernization. The extensive grounds include a covered swimming pool and sauna, as well as additional structures such as a chalet-style annexe, stable building, and office space—all equipped with power. These buildings present multiple avenues for refurbishment or repurposing to suit your vision. The positioning of the property allows for generous parking and turning space, alongside garage facilities. Situated conveniently between Chacewater village and Redruth town, this location offers easy access to essential amenities including schools, shops, and medical services. Outdoor enthusiasts will appreciate proximity to the Bissoe Cycle Trail linking to Portreath Beach and other coastal destinations. With direct access to the A30, travel throughout Cornwall is straightforward. With no onward chain involved, this property is move-in ready but invites new owners to explore its full renovation potential over time. Viewing is highly recommended to fully grasp the possibilities this unique home has to offer in both comfort and investment potential.

Investment Analysis

(TR16 area)

Above Market Value

This property is priced +29.4% above area average per sq ft

+29.4%
This Property
£423/sq ft
Area Average
£327/sq ft
Avg Rent (weekly)
£302
Avg Yield
4.3%

Renovation Potential

Est. Renovation Cost
£60,000 - £150,000
10-25% of property value
Target Value
£510,227
10% above area average per sq ft
Potential ROI
-32.0%
After renovation
Monthly Sales
11
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (TR16)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -2.1%
5 year growth: 31.1%
Investment Disclaimer: Analysis based on TR16 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Whitehall, Scorrier
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