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Polmarth Close, St. Austell

South West

£244,950
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1077 sqft

Description

This detached three-bedroom family home, situated at the end of a quiet cul-de-sac, offers significant renovation and investment potential. Positioned on a generous plot with expansive rear and side gardens, the property could be an excellent opportunity for those looking to create their ideal living space through extension or modernization, pending the necessary planning approvals. The existing layout includes a lounge/diner featuring a wood-burning stove, a spacious kitchen/diner/breakfast room that opens onto the gardens through French doors, three bedrooms, and a shower room. Double glazing throughout helps maintain a comfortable living environment. The mains gas heating adds to the property's appeal as it provides efficient warmth during cooler months. For parking convenience, there is a driveway accommodating two vehicles along with an attached garage that may require some attention to its up-and-over door mechanism. The extensive gardens are primarily laid to lawn and bordered by shrub beds, creating an inviting outdoor space. A garden shed and a small stream running along one edge add further character to the surroundings. Located in the Carclaze area of St Austell, this property benefits from proximity to essential amenities including supermarkets, schools, gyms, and various dining options. The vibrant town center of St Austell is just a short distance away, providing additional shopping and entertainment opportunities. Additionally, nearby beaches such as Charlestown and Carlyon Bay enhance the allure of this location for potential buyers seeking both lifestyle and investment opportunities. With its functional layout and ample outdoor space ripe for enhancement, this property presents a compelling option for those looking to put their personal touch on their next home or capitalize on its investment potential in a growing area.

Investment Analysis

(PL25 area)

Below Market Value

This property is priced -17.4% below area average per sq ft

-17.4%
Potential saving
This Property
£227/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£232
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£326,385
10% above area average per sq ft
Potential ROI
+14.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PL25)

Area prices are falling by +4.3% over the last 12 months
3 year growth: -2.2%
5 year growth: 12.5%
Investment Disclaimer: Analysis based on PL25 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

Polmarth Close, St. Austell
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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
£897
Based on a loan of £183,712 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.

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