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Lamorna, TR19 6XH

South West

£475,000
Listed on 07/10/2025

Property Details

Bedrooms
4
Type
Detached
Area
1410 sqft

Description

Situated in a prime valley setting within the desirable village of Lamorna, this four-bedroom detached family home offers a reverse level layout that capitalizes on its beautiful sea views. The property, nestled in private gardens, presents a significant opportunity for those looking to invest in a renovation project. The spacious interiors are currently dated and require modernization, making it the perfect canvas for creating a bespoke family residence.<br><br>One of the standout features is the generous garden area, which provides not only stunning vistas but also ample privacy. It includes terraced gardens and parking spaces, adding to the appeal for potential buyers. Located centrally in Lamorna, residents can easily access local amenities, including the nearby cove and popular pub, The Wink. With Penzance just 5 miles away, offering extensive amenities and transport options including train services to London Paddington and ferry connections to the Isles of Scilly, this property is conveniently positioned.<br><br>The interior boasts an entrance hall leading to an array of rooms including a living room with panoramic views of Lamorna Valley and access to a balcony that enhances outdoor living. The kitchen/diner requires attention as several integrated appliances are non-functional but offers good space for modernizing into a contemporary cooking area. The four bedrooms provide comfortable accommodation with garden views; however, they too would benefit from updates as part of your renovation plans. The recently renovated shower room is an exception and ready for use.<br><br>This home’s combination of location, potential for modern updates, and existing features makes it an exciting prospect for investors or those seeking a project in Lamorna's captivating landscape.

Investment Analysis

(TR19 area)

Below Market Value

This property is priced -9.8% below area average per sq ft

-9.8%
Potential saving
This Property
£337/sq ft
Area Average
£374/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£579,376
10% above area average per sq ft
Potential ROI
+2.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TR19)

Area prices are falling by -8.3% over the last 12 months
3 year growth: -2.7%
5 year growth: +12.7%
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

Lamorna, TR19 6XH
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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
£1,713
Based on a loan of £356,250 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.

Price History

-5.0% since listed
£475,000£25,000(-5.0%)
07/10/2025
Current price
£500,000Initial listing
20/03/2025

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