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South Street, St. Austell, Cornwall

South West

£850,000
Listed on 07/04/2025

Property Details

Bedrooms
5
Type
Detached house

Description

This impressive period home, located in the central area of St Austell, presents a unique opportunity for those interested in renovation and investment. Set on nearly an acre of land, the property features formal gardens, a double garage, and an outbuilding that comes with full residential planning permission, adding significant potential for expansion or development. The house boasts five generously sized double bedrooms and multiple versatile living spaces, making it suitable for both personal enjoyment and future enhancements. Upon entry, you are welcomed by a spacious hallway that leads to a study/ground floor bedroom, an expansive drawing room with a wood-burning stove, and an open-plan living and dining area that spans the depth of the property. This living space is complemented by a bright kitchen featuring modern appliances and direct access to a conservatory with views of the manicured gardens. The upper level contains four additional double bedrooms, including a master suite overlooking Pentewan Valley. This suite offers not only ample space but also built-in wardrobe facilities and an en-suite shower room. The second bedroom provides dual aspect views and built-in storage while the remaining bedrooms continue the theme of generous proportions and natural light. Outside, the property showcases formal gardens on both sides of the home, ensuring plenty of outdoor space for relaxation or gardening. A raised deck offers elevated views from one garden area, while the other leads to a large lawn bordered by conifers and equipped with ample parking options. A long driveway provides access to the double garage and further parking space for multiple vehicles. The pool house chalet adds another layer of appeal to this property, functioning as an entertaining area with its own swimming pool and built-in barbecue facilities. The presence of this structure indicates potential for creating leisure amenities that could greatly enhance value. Additionally, there is an option to acquire an adjacent plot with full planning permission for a three-bedroom detached house through separate negotiation. This aspect presents an exciting opportunity for investors looking to expand their portfolio or capitalize on new residential developments in this desirable location.

Investment Analysis

(PL25 area)
Area Average
£289/sq ft
Avg Rent (weekly)
£233
Avg Yield
3.9%

Renovation Potential

Est. Renovation Cost
£85,000 - £212,500
10-25% of property value
Monthly Sales
22
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (PL25)

Area prices are stable by +0.6% over the last 12 months
3 year growth: 5.4%
5 year growth: 17.3%
Investment Disclaimer: Analysis based on PL25 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

South Street, St. Austell, Cornwall
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