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Hessenford, Torpoint, Cornwall, PL11

South West

£25,000
Listed on 16/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This remarkable property presents an exceptional opportunity for renovation and investment. Originally built in 1896, the former Hessenford Working Men’s Institute showcases substantial stone construction and boasts a commanding presence within the quaint village of Hessenford. While currently requiring significant updates, its historical character offers a strong foundation for redevelopment into a unique residence or community space, pending necessary planning permissions. Set in the heart of the village, the property includes a small enclosed front garden that enhances its curb appeal. At the rear, a dilapidated single-story extension with a tin roof presents further possibilities—whether to restore it as part of the main structure or to create additional outdoor space by removing it. The potential for transforming this site into something modern gives investors an exciting canvas to work with. Hessenford is strategically located approximately three miles from popular coastal villages such as Seaton and Downderry, both known for their beautiful beaches and local amenities. The property also offers ease of access to the A38 dual carriageway, facilitating straightforward travel to Plymouth and other key destinations in the region. Given its prime location and historical significance, this property stands out as a compelling prospect for those looking to invest in redevelopment opportunities within Southeast Cornwall. The surrounding area’s charm and accessibility enhance its appeal, providing significant potential for appreciation after appropriate renovations are undertaken.

Investment Analysis

(PL11 area)
Area Average
£296/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
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
10%
Properties sold annually

Local Market Trend (PL11)

Area prices are falling by +2.3% over the last 12 months
3 year growth: -6.9%
5 year growth: 21.4%
Investment Disclaimer: Analysis based on PL11 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

Hessenford, Torpoint, Cornwall, PL11
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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
£92
Based on a loan of £18,750 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