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Manhay, Helston

South West

£599,950
Listed on 07/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom cottage offers a unique opportunity for renovation and investment, nestled on a generous 3.8 acres of land between Helston and Falmouth. Originally redeveloped from two derelict cottages around 2015, it features traditional construction with notable exposed granite accents and a pitched roof. The property is accessible via a hard-standing drive leading to ample gravel parking, making it suitable for both family living and potential future developments. Inside, the accommodation includes an Entrance Hall, Utility Room with plumbing for appliances, and a dual aspect Kitchen/Diner equipped with essential amenities. The Living Room boasts a cozy wood burner and French doors that open to a rear terrace with scenic views over the gardens. The first floor comprises a Galleried Landing, Master Bedroom with en-suite, two additional bedrooms including one with a Juliet balcony, and a Family Bathroom. While the cottage is currently well-presented with PVC double glazing and oil-fired central heating, there are areas where modernisation could greatly enhance its value. The outdoor space includes established gardens bordered by an old ruin and pond, along with opportunities for landscaping improvements or extensions. With further land and buildings potentially available separately, this property not only provides comfortable living but also presents avenues for expansion or agricultural ventures in this picturesque part of Cornwall.

Investment Analysis

(TR13 area)
Area Average
£331/sq ft
Avg Rent (weekly)
£236
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TR13)

Area prices are rising by +2.9% over the last 12 months
3 year growth: -5.9%
5 year growth: 27.0%
Investment Disclaimer: Analysis based on TR13 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

Manhay, Helston
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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
£2,198
Based on a loan of £449,962 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