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Lamorna Park, Torpoint, Cornwall, PL11 - Image 1
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Lamorna Park, Torpoint, Cornwall, PL11 - Image 9

Lamorna Park, Torpoint, Cornwall, PL11

South West

£150,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
581 sqft

Description

This mid-terraced home is situated in a desirable residential area, featuring two spacious double bedrooms and ample potential for renovation. With its straightforward layout, the property consists of a welcoming lounge that offers a pleasant view of the neighborhood. The kitchen, located at the rear, opens directly into a private garden space, allowing for easy outdoor access and future landscaping opportunities. The first floor comprises two generously sized bedrooms. The front bedroom provides picturesque views over the tree-lined cul-de-sac and nearby fields, while the second bedroom overlooks the rear garden, creating a peaceful retreat. A centrally located bathroom includes essential fixtures such as a wash hand basin, low-level WC, and bathtub with an electric shower—ideal for updating to suit modern preferences. Externally, the property features gardens both at the front and rear, providing opportunities for landscaping or gardening enthusiasts. Additionally, it comes with an allocated parking space along with visitor parking options. Located within close proximity to public transport links, local parks, and essential amenities like convenience stores, this home offers not only comfort but also significant investment potential. Given its need for modernization, it presents an excellent opportunity for buyers looking to enhance value through renovations or updates. Internal viewings are highly encouraged to fully appreciate what this property has to offer.

Investment Analysis

(PL11 area)

Below Market Value

This property is priced -12.6% below area average per sq ft

-12.6%
Potential saving
This Property
£258/sq ft
Area Average
£296/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£188,854
10% above area average per sq ft
Potential ROI
+7.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Lamorna Park, 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
£549
Based on a loan of £112,500 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