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Housel Bay, The Lizard

South West

£375,000
Listed on 27/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
618 sqft

Description

Nestled in the scenic Housel Bay area, just a short distance from Lizard Point, this two-bedroom detached bungalow presents a unique opportunity for renovation and investment. The property is currently in need of updates, allowing you to tailor the space to your personal taste while capitalizing on its strong potential for enhancement. The home features oil-fired central heating and double glazing, providing a solid foundation to work from. Inside, you’ll find a well-structured layout that includes a side porch, kitchen, hallway, lounge, bathroom, and two bedrooms. The dual-aspect lounge offers captivating views over the countryside and the coastline towards the iconic Lizard lighthouse. A fireplace adds character to this space, although its current condition is unknown. Outside, the property boasts gardens both at the front and rear. The front garden is primarily lawned and adorned with established plants, creating an inviting atmosphere while also offering panoramic views of the surrounding landscape. The rear garden features a patio area and a useful shed amidst another lawned space that also provides stunning vistas. Housel Bay is renowned for its tranquility and natural beauty yet remains conveniently close to The Lizard Village. This area is known for its charming cove with pristine sandy beaches and clear waters, making it an appealing location for both residents and visitors alike. The village itself provides essential amenities including shops, eateries, and educational facilities such as the well-regarded Mullion Secondary School. Additionally, this property serves as an excellent base for exploring the breathtaking coastal walks along the dramatic cliffs of Lizard Point or enjoying nearby beaches like Coverack or Kynance Cove. With substantial potential for growth through renovation as well as proximity to natural attractions and local amenities, this bungalow represents not only a home but also an investment in one of Cornwall's most desirable locations. In summary, this bungalow offers a blank canvas set within a picturesque landscape—ideal for those seeking a project with promising returns in both aesthetic appeal and value enhancement through thoughtful updates and renovations.

Investment Analysis

(TR12 area)

Above Market Value

This property is priced +75.4% above area average per sq ft

+75.4%
This Property
£607/sq ft
Area Average
£346/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£235,211
10% above area average per sq ft
Potential ROI
-43.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TR12)

Area prices are falling by +12.7% over the last 12 months
3 year growth: -19.3%
5 year growth: 6.9%
Investment Disclaimer: Analysis based on TR12 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

Housel Bay, The Lizard
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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
£1,374
Based on a loan of £281,250 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