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

South West

£150,000
Listed on 18/09/2025

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
£276/sq ft
Avg Rent (weekly)
£232
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PL25)

Area prices are falling by +4.3% over the last 12 months
3 year growth: -2.2%
5 year growth: 12.5%
Investment Disclaimer: Analysis based on PL25 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

61 South Street, St. Austell PL25
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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
£549
Based on a loan of £112,500 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