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St. Johns Terrace, Pendeen, TR19 7DP

South West

£425,000
Listed on 07/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
915 sqft

Description

Nestled within the sought-after village of Pendeen on the northern coast of the Penwith Peninsula, this spacious detached bungalow presents an attractive opportunity for renovation and investment. The property is set on a generous plot with ample off-street parking, including a detached double garage equipped with power and water supply. The home features three double bedrooms, each benefitting from natural light and varying aspects that provide distant sea views. The living room, which has a cozy multi-fuel stove for warmth, offers a dual aspect design allowing for more sunlight to fill the space. A well-proportioned kitchen/dining area comes with recently updated units, facilitating immediate functionality while providing a solid foundation for future enhancements. The bungalow's potential is significant, with approved planning permission for demolishing the existing structure to construct five new properties on site—an option that highlights its investment attractiveness. Additionally, there is scope for expanding the current layout by utilizing the loft space that already has windows in place at both ends. Surrounding the property are well-maintained gardens enclosed by granite hedging, enhancing privacy and creating lovely outdoor spaces. The property’s location provides easy access to local amenities such as a primary school, village store, public house, and the scenic Southwest Coastal Path—ideal for those who appreciate outdoor activities. This adaptable bungalow is offered with no onward chain, making it an appealing prospect for buyers seeking a project or investment opportunity in a vibrant community. A viewing is encouraged to fully appreciate its potential in this desirable area.

Investment Analysis

(TR19 area)

Above Market Value

This property is priced +23.5% above area average per sq ft

+23.5%
This Property
£464/sq ft
Area Average
£376/sq ft

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£378,394
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
4%
Properties sold annually

Local Market Trend (TR19)

Area prices are falling by +5.9% over the last 12 months
3 year growth: 9.5%
5 year growth: 28.6%
Investment Disclaimer: Analysis based on TR19 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

St. Johns Terrace, Pendeen, TR19 7DP
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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
£1,557
Based on a loan of £318,750 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