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Millpond Avenue, Hayle

South West

£1,495,000
Listed on 03/06/2025

Property Details

Bedrooms
5
Type
Detached house
Area
3567 sqft

Description

This Grade II listed Georgian residence, constructed in the early 1800s by the prominent Harvey family, offers a unique blend of architectural elegance and significant renovation potential. Set within approximately one acre of beautifully maintained walled gardens, this five-bedroom home is complemented by an attached two-bedroom cottage, a swimming pool, and various outbuildings that present opportunities for creative transformation. The property’s historical significance is evident in its striking Georgian façade, featuring symmetrical design elements, large sash windows adorned with intricate architraves, and grand entrance pillars. Inside, original details such as moulded plasterwork and ornate fireplaces contribute to the character of the living spaces. The layout includes multiple reception rooms that can serve various purposes—perfect for entertaining or creating distinct family areas. One of the noteworthy aspects of this property is its investment potential. The grounds house a derelict building that previously held planning permission for a one-bedroom cottage, offering the possibility for further development or rental income. The attractive mature gardens provide both beauty and privacy while also allowing room for expansion or landscaping projects to enhance outdoor living spaces. Located in Hayle, this home is conveniently positioned within walking distance to local amenities, including shops, restaurants, schools (both private and state), and sandy beaches known for their recreational activities. The nearby mainline railway station provides direct access to larger cities like London, adding to the appeal for those looking to invest in a property with connectivity. While maintaining historical charm, prospective owners may find opportunities to update certain areas of the home to reflect modern living standards. This duality—preserving classic elements while embracing renovation—makes it an attractive option for families seeking spacious accommodations with versatile uses or investors interested in capitalizing on its potential. In summary, this Georgian gem not only embodies history but stands ready for the next chapter—inviting creativity and vision from its future custodians.

Investment Analysis

(TR27 area)

Above Market Value

This property is priced +18.9% above area average per sq ft

+18.9%
This Property
£419/sq ft
Area Average
£352/sq ft
Avg Rent (weekly)
£245
Avg Yield
4.0%

Renovation Potential

Est. Renovation Cost
£149,500 - £373,750
10-25% of property value
Target Value
£1,382,908
10% above area average per sq ft
Potential ROI
-26.0%
After renovation
Monthly Sales
18
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (TR27)

Area prices are falling by +7.9% over the last 12 months
3 year growth: -6.2%
5 year growth: 19.1%
Investment Disclaimer: Analysis based on TR27 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

Millpond Avenue, Hayle
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