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Higher Bal, St. Agnes

South West

£395,000
Listed on 08/09/2025

Property Details

Bedrooms
2
Type
Detached house
Area
828 sqft

Description

This unique property, a former chapel transformed into a two-bedroom residence, is currently undergoing an extensive renovation that offers significant investment potential. Nestled in the picturesque hamlet of Higher Bal, just half a mile from St Agnes, the location provides access to stunning coastal walks and nearby surfing beaches, enhancing its appeal for those seeking both tranquility and adventure. The building has been thoughtfully restructured by the current owner since its purchase in 2018. While many renovations are well underway, this project allows new owners to add their personal touch to the finishing touches. The proposed layout includes an entrance porch and hall on the ground floor, leading to two bedrooms and a bathroom. The first floor features an open-plan kitchen, dining, and living area with vaulted ceilings and multiple windows that frame scenic views of the surrounding area and the sea. Renovation highlights already completed include a reinforced concrete ring beam ensuring the structural integrity of the walls, installation of heritage-style windows, and groundwork improvements including damp-proofing and interior render using marine-grade materials. The exterior has been restored to expose its original stonework, which has been repointed with breathable lime products for durability. The addition of solar panels further enhances its sustainability profile. Outside, there is off-road parking along with garden areas and a utility outbuilding that can serve various practical purposes or enhance rental potential. Conveniently located near major transport links like the A30 dual carriageway and only nine miles from Truro—the commercial hub of Cornwall—this property not only offers a retreat into nature but also positions itself as an excellent long-term investment opportunity in a desirable location. With modern amenities such as mains water, electricity, drainage connections, and broadband options available, it is poised for future enjoyment or rental potential once renovations are completed.

Investment Analysis

(TR5 area)

Above Market Value

This property is priced +4.7% above area average per sq ft

+4.7%
This Property
£477/sq ft
Area Average
£456/sq ft

Renovation Potential

Est. Renovation Cost
£39,500 - £98,750
10-25% of property value
Target Value
£414,869
10% above area average per sq ft
Potential ROI
-16.0%
After renovation
Monthly Sales
5
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (TR5)

Area prices are falling by +18.3% over the last 12 months
3 year growth: -8.1%
5 year growth: 18.7%
Investment Disclaimer: Analysis based on TR5 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

Higher Bal, St. Agnes
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