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South Street, St. Austell, Cornwall

South West

£1,000,000
Listed on 04/04/2025

Property Details

Bedrooms
5
Type
Detached

Description

This exceptional period residence, nestled within the community of St Austell, offers a wealth of potential for both personal living and investment. The property sits on an expansive plot of nearly one acre, featuring meticulously maintained formal gardens, a double garage equipped with utilities, and an intriguing outbuilding that already holds full residential planning permission. This allows for the exciting possibility of creating a three-bedroom detached home in addition to the existing spacious five-bedroom layout. Inside, the property boasts an impressive entrance with a grand hallway leading to distinct areas including a generously sized ground floor bedroom/study, an elegant drawing room with wood-burning stove, and a light-filled open-plan living and dining space that flows into a well-appointed kitchen. The connection to the conservatory enhances natural light and garden views. Upstairs houses four additional double bedrooms along with a family bathroom showcasing unique clawfoot features. With substantial living space across two levels and ample storage options throughout, there is also room for modern updates that could elevate its charm further. Outside, both gardens are crafted for enjoyment regardless of the sun's position, featuring lawns with Cornish stone borders and conifers that provide privacy. The property includes extensive parking options along a sweeping driveway and concludes at a pool house chalet perfect for entertaining. With existing planning permissions facilitating add-on developments and CIL tax exemption enhancing profitability, this property is not only suitable for immediate occupancy but also ripe with renovation possibilities that can significantly increase its value.

Investment Analysis

(PL25 area)
Area Average
£275/sq ft
Avg Rent (weekly)
£204
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PL25)

Area prices are falling by -3.9% over the last 12 months
3 year growth: -7.1%
5 year growth: +10.0%
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

South Street, St. Austell, Cornwall
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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
£3,542
Based on a loan of £750,000 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.

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