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Higher Church Street, Hayle, Cornwall

South West

£185,000
Listed on 07/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
810 sqft

Description

This two-bedroom cottage, located in the heart of Hayle, presents a unique opportunity for renovation and investment. Its central location offers convenient access to local amenities, making it ideal for both residential living and rental potential. Upon entering, you are welcomed by an entrance hall that features fitted carpeting and an understairs storage cupboard. The layout leads into a lounge/diner with exposed ceiling beams and double-glazed windows that naturally illuminate the space, creating a cozy atmosphere. This area is ready to be transformed into a stylish living space with modern finishes. The kitchen is equipped with basic base and wall units as well as an inset stainless steel sink and drainer. There’s ample room for essential appliances like a washing machine and refrigerator, offering the chance to reconfigure it into a more functional culinary space suited to contemporary tastes. This area also includes a rear lobby providing direct access to the garden. Upstairs, both bedrooms are generously sized with double-glazed windows that offer pleasant views. The first floor landing benefits from natural light, enhancing the overall appeal of the sleeping quarters. The property boasts a garden at the rear that holds significant redevelopment potential. With gated access allowing right of way over the neighboring property, this outdoor space includes a lawned area surrounded by shrubs and bushes as well as a block-built outbuilding in need of updating—perfect for those looking to create additional utility or storage. In summary, this cottage not only offers comfortable living but also represents a valuable investment opportunity for those willing to undertake renovations. Its location in Hayle positions it favorably in the market for future resale or rental income, making it a compelling option for investors or DIY enthusiasts alike.

Investment Analysis

(TR27 area)

Below Market Value

This property is priced -34.3% below area average per sq ft

-34.3%
Potential saving
This Property
£228/sq ft
Area Average
£348/sq ft
Avg Rent (weekly)
£258
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£309,801
10% above area average per sq ft
Potential ROI
+47.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TR27)

Area prices are falling by +4.0% over the last 12 months
3 year growth: -5.4%
5 year growth: 16.4%
Investment Disclaimer: Analysis based on TR27 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

Higher Church Street, Hayle, Cornwall
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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
£678
Based on a loan of £138,750 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