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Fortescue Close, Foxhole, St. Austell

South West

£150,000
Listed on 03/08/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
516 sqft

Description

This two-bedroom property, located at the end of a quiet cul-de-sac in the desirable village of Foxhole, offers a rare opportunity for renovation and investment. Its elevated position allows for impressive panoramic views of the surrounding countryside and coastline, which could be further enhanced with thoughtful updates. While the home currently requires modernization, its spacious layout and generous rear garden present significant potential for improvement. The backyard features a hardstanding base that could serve as a foundation for an extension or conservatory (subject to necessary planning permissions). Additionally, there is a partly built outbuilding at the lower tier of the garden, which could be completed to add extra utility or storage options. Inside, the property benefits from a light-filled lounge with a large bay window that overlooks the cul-de-sac. The kitchen comes equipped with basic appliances and ample storage but is ready for an upgrade. Both bedrooms enjoy natural light and lovely views; one has been opened up to create a larger space but could easily be reverted to two separate rooms if desired. Foxhole itself is conveniently located between St Austell and Newquay, providing easy access to local amenities such as shops, a primary school, and recreational facilities. The wider offerings of St Austell—including supermarkets, leisure centers, and transport links—are just a short drive away. For those considering investment opportunities or looking to personalize their living space in a picturesque setting, this property presents an exciting canvas for transformation. With its appealing location and renovation potential, it stands as an excellent prospect for both homeowners and investors alike.

Investment Analysis

(PL26 area)

Above Market Value

This property is priced +0.8% above area average per sq ft

+0.8%
This Property
£291/sq ft
Area Average
£288/sq ft
Avg Rent (weekly)
£227
Avg Yield
3.5%

Renovation Potential

Est. Renovation Cost
£15,000 - £37,500
10-25% of property value
Target Value
£163,667
10% above area average per sq ft
Potential ROI
-12.7%
After renovation
Monthly Sales
20
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (PL26)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -1.4%
5 year growth: 26.9%
Investment Disclaimer: Analysis based on PL26 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

Fortescue Close, Foxhole, St. Austell
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