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Croft Mitchell, Troon, Camborne

South West

£565,000
Listed on 02/02/2025

Property Details

Bedrooms
5
Type
Detached house
Area
1582 sqft

Description

Situated on the fringes of Troon, this detached period home offers a unique canvas for renovation and investment. Set on approximately 4.21 acres, the property features extensive gardens, paddocks, stables, and barns, making it an appealing project for those looking to enhance its potential. The house itself is characterized by traditional double-fronted architecture and benefits from striking rural views that extend towards St Ives and the surrounding landscape. Inside, the accommodation includes flexible living spaces with options to configure it as a five-bedroom family residence or adapt part of the home into an independent ground floor annexe, subject to appropriate consents. Key features include a welcoming entrance hall, two reception rooms with original granite fireplaces—one fitted with a wood burner—a kitchen, utility room, two ground-floor bedrooms, and a bathroom. The first floor accommodates three additional bedrooms and a sizeable landing area suitable for home office use. Outside, the property provides ample parking along with expansive gardens dotted with various outbuildings including four stables (one currently used for storage). The stable block has previously been considered for conversion into a separate two-bedroom dwelling, reflecting significant potential for development upon securing planning permission. Beyond the immediate garden space lie two level paddocks—one featuring road access—and an established vegetable garden. Further enhancing this property’s appeal are additional gently sloping paddocks located across an unmade lane. Recently planted sycamore trees along one boundary provide natural shelter alongside a juvenile orchard of apple trees. This combination of land usage opens up numerous possibilities for agriculture or leisure activities. Located roughly one mile from Troon village amenities—including local shops, schools, and community services—the property enjoys both rural tranquility and convenient access to urban facilities. Camborne lies just two miles away, offering further conveniences along with connections to major roads such as the A30. This property not only promises comfortable living but also presents numerous avenues for investment through renovation or development projects in an attractive rural setting.

Investment Analysis

(TR14 area)

Above Market Value

This property is priced +28.7% above area average per sq ft

+28.7%
This Property
£357/sq ft
Area Average
£277/sq ft
Avg Rent (weekly)
£234
Avg Yield
4.4%

Renovation Potential

Est. Renovation Cost
£56,500 - £141,250
10-25% of property value
Target Value
£482,731
10% above area average per sq ft
Potential ROI
-31.6%
After renovation
Monthly Sales
20
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (TR14)

Area prices are rising by +3.0% over the last 12 months
3 year growth: 6.8%
5 year growth: 30.6%
Investment Disclaimer: Analysis based on TR14 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

Croft Mitchell, Troon, Camborne
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