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Kelynack, St. Just TR19

South West

£270,000
Listed on 03/01/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1270 sqft

Description

This three-bedroom cottage presents a promising opportunity for renovation and investment, making it an ideal project for those looking to enhance its charm. Nestled in a serene rural setting, the property offers off-road parking and a generous garden space, along with a detached garage that adds to its functionality. Notably, this property is being offered for sale for the first time in a century, providing a unique chance to breathe new life into an enduring piece of local history. Located near St. Just and Sennen, the cottage is surrounded by stunning natural beauty and is just a short drive from the rugged north coast of Cornwall. St. Just, known as the closest town to Land’s End, boasts a rich history as a former center of the tin mining industry, which is evident in its characterful granite cottages lining the streets. The town offers essential amenities such as butchers, bakers, schools, artisan shops, healthcare services, delicatessens, cafés, and several pubs—all within easy reach. With its proximity to beautiful moorland and coastal scenery—approximately eight miles west of Penzance—this property not only provides potential for personal customization but could also serve as an attractive rental or holiday retreat given the area's appeal to visitors seeking to explore the far west of Cornwall. Whether you are looking to invest or create your perfect home in this enchanting region, this cottage stands as a solid foundation for future development.

Investment Analysis

(TR19 area)

Below Market Value

This property is priced -43.9% below area average per sq ft

-43.9%
Potential saving
This Property
£213/sq ft
Area Average
£379/sq ft
Avg Rent (weekly)
£289
Avg Yield
4.0%

Renovation Potential

Est. Renovation Cost
£27,000 - £67,500
10-25% of property value
Target Value
£529,044
10% above area average per sq ft
Potential ROI
+56.8%
After renovation
Monthly Sales
7
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TR19)

Area prices are rising by +5.7% over the last 12 months
3 year growth: 20.0%
5 year growth: 42.3%
Investment Disclaimer: Analysis based on TR19 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

Kelynack, St. Just TR19
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