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61 South Street, St. Austell PL25 - Image 1
61 South Street, St. Austell PL25 - Image 2
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61 South Street, St. Austell PL25

South West

£150,000
Listed on 17/09/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached home presents a compelling opportunity for those interested in renovation or investment. Nestled in the vibrant community of St Austell, the property is situated within a well-established area, making it an attractive location for future tenants or homeowners. The plot comes with full planning permission for a new dwelling, providing ample space for development while maintaining room for dedicated parking and garden areas. This flexibility allows prospective buyers to envision various possibilities for enhancing the property’s appeal and value. Additionally, the site qualifies for a Community Infrastructure Levy (CIL) tax exemption, which adds a layer of financial benefit that can make this investment stand out among others in the region. The presence of an original outbuilding is particularly advantageous; it offers potential savings on renovation costs and helps mitigate other tax liabilities associated with new constructions. With such unique features and benefits, opportunities like this are increasingly rare in St Austell, making it a sensible choice for those looking to invest in a promising future.

Investment Analysis

(PL25 area)
Area Average
£289/sq ft
Avg Rent (weekly)
£233
Avg Yield
3.9%

Renovation Potential

Est. Renovation Cost
£15,000 - £37,500
10-25% of property value
Monthly Sales
22
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (PL25)

Area prices are stable by +0.6% over the last 12 months
3 year growth: 5.4%
5 year growth: 17.3%
Investment Disclaimer: Analysis based on PL25 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

61 South Street, St. Austell PL25
Map showing location of 61 South Street, St. Austell PL25
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