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Mill Hill, Polperro, Cornwall

South West

£300,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

Nestled in the historic fishing village of Polperro, this charming three-storey cottage offers a unique opportunity for renovation and investment. The property is conveniently located just a short stroll from the picturesque harbour, coastal footpaths, and local shops, pubs, and restaurants that make this area so appealing to both residents and tourists alike. Characterized by its traditional features, the cottage presents flexible accommodation options that can be tailored to suit individual preferences. The ground floor, accessed through a side entrance, includes a spacious kitchen connected to a second reception room. This level also features a utility area with worktop space and access to an enclosed rear garden—an unusual find in this quaint village. Previously configured as a self-contained unit, this space has the potential to be reconfigured again for multi-generational living or as a holiday rental (subject to necessary consents). On the middle level, the property boasts a bright dining room with dual aspect windows and easy access to a bathroom equipped with both a bathtub and separate shower. A generously sized yet inviting living room with double-aspect windows adds further charm, complemented by its substantial mahogany fireplace. The main entrance on this level connects directly to Mill Hill. The top floor houses two well-proportioned double bedrooms, each offering storage solutions and pleasant views of the village. Offered without onward chain, this property stands out as an excellent canvas for those looking to create their ideal home or holiday retreat in one of Cornwall’s most scenic locales. Additional property information includes mains water, drainage, electricity services, wooden windows, electric storage heating plus immersion for hot water. The tenure is freehold with a Council Tax Band B classification. While there is no parking available on-site, the low flood risk adds to the appeal of investing in this desirable area.

Investment Analysis

(PL13 area)
Area Average
£335/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (PL13)

Area prices are rising by +7.6% over the last 12 months
3 year growth: -4.8%
5 year growth: 10.7%
Investment Disclaimer: Analysis based on PL13 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

Mill Hill, Polperro, Cornwall
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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
£1,099
Based on a loan of £225,000 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