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Penhale Road, St. Austell, PL26

South West

£250,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1195 sqft

Description

This two-bedroom detached house is an appealing prospect for those interested in renovation and investment opportunities. Located on a quiet residential street in Penhale, St. Austell, the property presents a blank canvas ready for modern updates and personal touches. Upon entering, you’ll find an entrance hall that leads to the main living areas of the home. The living room is spacious and filled with natural light, providing a comfortable space to relax or entertain. The kitchen, while functional in its current state, awaits a contemporary makeover that could transform it into the heart of the home. The accommodation includes two bedrooms, with the principal bedroom featuring ample storage options. The bathroom consists of both a shower cubicle and separate bath, with an additional separate WC that adds convenience. Outside, the property offers driveway parking along with an enclosed rear garden. This outdoor space has potential for landscaping and gardening projects that could enhance its appeal significantly. Additionally, this location benefits from proximity to local amenities and schools. Notably, there is a new Primary and Nursery school nearby known as Sky Academy, which is Cornwall's first carbon-neutral institution focusing on outdoor activities. This feature may be attractive for families considering long-term residency. With its combination of renovation potential and desirable location, this property presents an excellent opportunity for buyers looking to invest in a home they can truly make their own.

Investment Analysis

(PL26 area)

Below Market Value

This property is priced -27.2% below area average per sq ft

-27.2%
Potential saving
This Property
£209/sq ft
Area Average
£287/sq ft
Avg Rent (weekly)
£225
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£377,722
10% above area average per sq ft
Potential ROI
+30.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PL26)

Area prices are rising by +7.6% over the last 12 months
3 year growth: 2.9%
5 year growth: 26.8%
Investment Disclaimer: Analysis based on PL26 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

Penhale Road, St. Austell, PL26
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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
£916
Based on a loan of £187,500 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