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School Lane, St Erth, Hayle, Cornwall

South West

£300,000
Listed on 01/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1171 sqft

Description

This three-bedroom traditional granite house, available for the first time in over 30 years, presents a unique opportunity for renovation. The spacious open-plan layout features a combined living/dining/kitchen area with an inglenook fireplace, providing a solid foundation for modern improvements. Potential exists to enhance the outdoor experience with the roof terrace, which could be transformed into a remarkable entertaining space. Each bedroom is equipped with built-in wardrobes and large windows, allowing for ample natural light. The property also boasts practical features such as a functional kitchen with integrated appliances and an inviting lounge area with exposed ceiling beams. Given its traditional charm and ample potential for renovation, this home is well-suited for those looking to invest in a project that can elevate its current state into a more contemporary living environment.

Investment Analysis

(TR27 area)

Below Market Value

This property is priced -26.3% below area average per sq ft

-26.3%
Potential saving
This Property
£256/sq ft
Area Average
£348/sq ft
Avg Rent (weekly)
£258
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£447,872
10% above area average per sq ft
Potential ROI
+35.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TR27)

Area prices are falling by +4.0% over the last 12 months
3 year growth: -5.4%
5 year growth: 16.4%
Investment Disclaimer: Analysis based on TR27 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

School Lane, St Erth, Hayle, Cornwall
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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
£1,099
Based on a loan of £225,000 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE