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Ideal Local Buyers Home, Porthleven

South West

£195,000
Listed on 07/10/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom terraced home presents an appealing opportunity for renovation and investment in a charming village setting. Located conveniently near the village center and primary school, the property is well-positioned for first-time buyers or small families looking to personalize their living space. The living area benefits from ample natural light, fostering a pleasant atmosphere, while the separate dining room provides an ideal setting for family meals or entertaining guests. The kitchen offers practical storage solutions, with potential for modernizing to an open-plan design—subject to planning permissions—which would appeal to current lifestyle preferences. Upstairs, two generously sized double bedrooms await, along with a family bathroom ready for upgrading. The property includes outdoor space featuring a lawn at the front for added curb appeal and a low-maintenance patio in the rear, which is suitable for outdoor seating or small gatherings. Beyond the home itself, Porthleven boasts a vibrant community atmosphere with quality restaurants, cafes, and essential amenities such as supermarkets and healthcare services. The picturesque harbor and beach enhance local appeal. For those seeking wider exploration, Truro and other nearby towns like Falmouth, Penzance, and Hayle are accessible within a 20-30 minute drive. Additional features of this home include mains water, electricity, drainage, and LPG heating. It should be noted that there is a Local Housing Restriction associated with this property—interested buyers must have lived or worked in Cornwall for the past three years prior to purchasing. It's advisable to check with Cornwall Council regarding qualification requirements. In summary, this property not only offers comfortable living but also significant potential for improvement and personalization—making it a sound investment opportunity in a desirable location.

Investment Analysis

(TR13 area)
Area Average
£331/sq ft
Avg Rent (weekly)
£236
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TR13)

Area prices are rising by +2.9% over the last 12 months
3 year growth: -5.9%
5 year growth: 27.0%
Investment Disclaimer: Analysis based on TR13 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

Ideal Local Buyers Home, Porthleven
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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
£714
Based on a loan of £146,250 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE