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Cape Cornwall Street, St. Just, Penzance, TR19 7JZ - Image 1
Cape Cornwall Street, St. Just, Penzance, TR19 7JZ - Image 2
Cape Cornwall Street, St. Just, Penzance, TR19 7JZ - Image 3
Cape Cornwall Street, St. Just, Penzance, TR19 7JZ - Image 4
Cape Cornwall Street, St. Just, Penzance, TR19 7JZ - Image 5
Cape Cornwall Street, St. Just, Penzance, TR19 7JZ - Image 6

Cape Cornwall Street, St. Just, Penzance, TR19 7JZ

South West

£70,000
Listed on 09/10/2024

Property Details

Bedrooms
1
Type
Detached house

Description

This granite structure, currently functioning as a garage with double timber doors, presents an exciting opportunity for redevelopment. With planning permission already secured for the construction of a one-bedroom residential dwelling, this project allows potential owners to create their ideal home in the heart of St Just. The proposed design includes a bedroom, a study, an upstairs shower room, and an open-plan living space that combines the lounge and kitchen area, complemented by a convenient downstairs WC. Additionally, an outdoor area is planned for the rear, enhancing the property's appeal and usability. This could be an excellent investment for those looking to enter the housing market or expand their portfolio in a desirable South West location.

Investment Analysis

(TR19 area)
Area Average
£378/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (TR19)

Area prices are falling by -8.2% over the last 12 months
3 year growth: +1.8%
5 year growth: +14.3%
Investment Disclaimer: Analysis based on TR19 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

Cape Cornwall Street, St. Just, Penzance, TR19 7JZ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£252
Based on a loan of £52,500 over 30 years at 4.06% 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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