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Canonstown, Hayle TR27 - Image 1
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Canonstown, Hayle TR27

South West

£180,000
Listed on 07/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
614 sqft

Description

This charming two-bedroom Grade II listed semi-detached cottage presents a unique renovation opportunity in the tranquil hamlet of Canonstown. With no onward chain, this property offers a chance for buyers to modernize and personalize their own space. The cottage features a welcoming fore garden and designated parking for one vehicle, adding to its appeal. Internally, the layout provides a living room connected to a kitchen area, along with a utility room and a bathroom on the ground floor. Upstairs, you will find two bedrooms poised for reimagining. The property's location is advantageous, providing a peaceful retreat while remaining conveniently close to Hayle's amenities and schools. It is ideally situated for access to nearby towns such as St Ives and Penzance and is well-placed for transport links via bus routes and the St Erth railway station. Given its potential for refurbishment, this cottage could be transformed into a lovely home or an investment property, ideal for long-term rentals in this sought-after South West region.

Investment Analysis

(TR27 area)

Below Market Value

This property is priced -15.7% below area average per sq ft

-15.7%
Potential saving
This Property
£293/sq ft
Area Average
£348/sq ft
Avg Rent (weekly)
£258
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£234,837
10% above area average per sq ft
Potential ROI
+6.7%
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

Canonstown, Hayle TR27
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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
£659
Based on a loan of £135,000 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