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Lower Pengegon, Pengegon, Camborne, Cornwall, TR14 - Image 1
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Lower Pengegon, Pengegon, Camborne, Cornwall, TR14

South West

£90,000
Listed on 07/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
534 sqft

Description

This two-bedroom miner's cottage presents an exciting opportunity for those looking to invest in a renovation project. Nestled on a sizable plot, the property requires a complete refurbishment but offers significant potential for enhancement and personalization. With existing planning permission granted for improvements and an extension, as detailed on the Cornwall Council Planning Portal (reference PA22/07228), this home is primed for transformation. The cottage retains several of its original features, providing a glimpse into its historical charm, while the expansive garden area allows for creative landscaping or further development. Off-road parking accommodates multiple vehicles, adding convenience to the property's overall appeal. Located in a tranquil setting, this residence benefits from a peaceful atmosphere while still being within reach of local amenities. This characteristic makes it an attractive proposition for both personal use and investment. Whether you're looking to create a bespoke living space or capitalize on the growing demand for renovated homes in the area, this property offers ample scope to realize your vision.

Investment Analysis

(TR14 area)

Below Market Value

This property is priced -37.7% below area average per sq ft

-37.7%
Potential saving
This Property
£169/sq ft
Area Average
£271/sq ft
Avg Rent (weekly)
£273
Avg Yield
5.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£159,009
10% above area average per sq ft
Potential ROI
-24.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (TR14)

Area prices are falling by +3.4% over the last 12 months
3 year growth: 0.9%
5 year growth: 22.0%
Investment Disclaimer: Analysis based on TR14 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

Lower Pengegon, Pengegon, Camborne, Cornwall, TR14
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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
£330
Based on a loan of £67,500 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