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Polmassick, nr Heligan Gardens

South West

£545,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1401 sqft

Description

This charming three-bedroom detached bungalow, constructed in 1989, sits in a serene rural landscape, presenting an excellent opportunity for renovation and investment. With its expansive internal layout of 1401 sq. ft., the home offers a spacious kitchen diner featuring a traditional Stanley oil-fired 'Aga', a comfortable living room complete with a natural stone fireplace and stove, plus an adjoining conservatory that invites plenty of natural light. The primary bedroom benefits from an en suite WC and wash basin, while two additional bedrooms and a separate shower room enhance the property's liveability. The outdoor space includes two garages, ample parking, and gardens rich with potential. The garden area is currently overgrown but offers the chance to create a lovely outdoor retreat with some effort. Enhancements here could significantly elevate the property's appeal as either a primary residence or a second home. Situated on the south-facing slope of a secluded valley, the views are picturesque, complemented by nearby attractions such as the coast and stunning beaches near Caerhays Castle. The property is conveniently located within reach of local amenities in nearby towns including Mevagissey and St Austell. This location combines tranquillity with accessibility to the many wonders of Cornwall's coast and countryside, making it a valuable prospect for those interested in renovation projects that can unlock both aesthetic and practical potential.

Investment Analysis

(PL26 area)

Above Market Value

This property is priced +32.8% above area average per sq ft

+32.8%
This Property
£389/sq ft
Area Average
£293/sq ft
Avg Rent (weekly)
£237
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£451,388
10% above area average per sq ft
Potential ROI
-23.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (PL26)

Area prices are rising by +5.3% over the last 12 months
3 year growth: +0.4%
5 year growth: +20.5%
Investment Disclaimer: Analysis based on PL26 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

Polmassick, nr Heligan Gardens
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,930
Based on a loan of £408,750 over 30 years at 3.91% 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.

Price History

-16.2% since listed
£545,000£50,000(-8.4%)
06/02/2026
Current price
£595,000£20,000(-3.3%)
23/08/2025
£615,000£20,000(-3.1%)
20/03/2025
£635,000£15,000(-2.3%)
14/11/2024
£650,000Initial listing
18/08/2024

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