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Higher Bal, St. Agnes

South West

£395,000
Listed on 07/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
832 sqft

Description

Set within a picturesque Area of Outstanding Natural Beauty, this converted chapel offers significant potential for renovation and investment. The property comprises two bedrooms and features a welcoming entrance porch alongside a spacious hall. The highlight is the first-floor open-plan kitchen, dining, and living area that boasts vaulted ceilings and expansive windows, providing delightful views of the surrounding landscape and sea. Situated in the charming hamlet of Higher Bal, just half a mile from St Agnes, this location allows easy access to coastal walks, local beaches like Trevaunance Cove and Chapel Porth, as well as the scenic walks on the nearby Beacon. With the A30 dual carriageway accessible about four miles to the south at Chiverton Cross, commuting or exploring further afield is convenient. Additionally, the cathedral city of Truro—home to various commercial and retail options—is approximately nine miles away and features a train station with services to London Paddington. The current owner has initiated an extensive renovation project since purchasing the property in 2018. While many updates are already underway, including structural reinforcements and modern installations like solar panels, there remains an exciting opportunity for new owners to customize finishes according to their preferences. Notable improvements completed include reinforced walls for stability, new heritage-style windows, internal damp-proofing treatments, and external stone repointing using breathable materials. Outside, you will find off-road parking along with garden areas that add value and utility. There’s also an outbuilding that can serve various purposes, contributing to its overall appeal as a potential investment property. This unique property not only offers charm but presents an exceptional opportunity for someone looking to finalize renovations in a breathtaking location while reaping future rewards from their investment.

Investment Analysis

(TR5 area)

Above Market Value

This property is priced +6.5% above area average per sq ft

+6.5%
This Property
£475/sq ft
Area Average
£446/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£408,133
10% above area average per sq ft
Potential ROI
-8.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (TR5)

Area prices are falling by +15.6% over the last 12 months
3 year growth: -10.4%
5 year growth: 10.0%
Investment Disclaimer: Analysis based on TR5 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

Higher Bal, St. Agnes
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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
£1,447
Based on a loan of £296,250 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.

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