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Cullen View, Probus

South West

£330,000
Listed on 03/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1004 sqft

Description

This detached cottage-style home, positioned in a desirable part of the village, presents an excellent opportunity for renovation and investment. Offering three bedrooms, the property features a practical layout that includes a kitchen/breakfast room, a lounge/dining area, a cloakroom, and a family bathroom. The enclosed south-facing garden at the front provides potential for outdoor enjoyment with ample sunlight. Jubilee Cottage is part of Cullen View, a well-established residential community built in 1997. While this home has been lovingly maintained over the years, it is now ready for general updates and modern enhancements. This presents a unique chance for buyers to design their ideal living space tailored to their preferences. The accommodations comprise three bedrooms and a bathroom on the upper floor, while the ground level offers generous living areas along with convenient access to the garage and driveway parking. The property's location in Probus enhances its appeal significantly. The village boasts a range of everyday amenities including shops, eateries, and educational facilities within walking distance. Public transport options provide easy connections to nearby towns like Truro and St. Austell, increasing its attractiveness for families or retirees looking for convenience without sacrificing community charm. In addition to its investment potential as a family home or rental property, the surrounding area offers opportunities for outdoor activities along the beautiful Cornish coastline and access to scenic spots such as the Roseland Peninsula. Overall, Jubilee Cottage not only represents an inviting residence but also stands as an excellent canvas for those looking to invest in real estate while creating their vision of home in a thriving community.

Investment Analysis

(TR2 area)

Below Market Value

This property is priced -14.2% below area average per sq ft

-14.2%
Potential saving
This Property
£329/sq ft
Area Average
£383/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£422,930
10% above area average per sq ft
Potential ROI
+15.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TR2)

Area prices are falling by +13.9% over the last 12 months
3 year growth: -3.4%
5 year growth: 2.6%
Investment Disclaimer: Analysis based on TR2 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

Cullen View, Probus
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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
£1,209
Based on a loan of £247,500 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