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Philgray Close, Hayle, Cornwall

South West

£275,000
Listed on 30/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

Nestled in the sought-after area of Philgray Close, this detached bungalow presents a three-bedroom layout that offers promising renovation opportunities. While the property is currently in need of some updates, its solid structure and spacious design provide a great foundation for modern enhancements. The entrance leads into a welcoming porch, which opens into a hallway featuring fitted carpeting and convenient built-in storage. The living area boasts large windows that flood the space with natural light, and a brick fireplace adds a unique character to the lounge. Each of the three bedrooms includes double-glazed windows for added comfort, while one bedroom features a built-in wardrobe, providing thoughtful storage solutions. The kitchen is equipped with base and wall units along with essential appliances, although it can easily be reimagined to suit contemporary culinary needs. Additional spaces include a bathroom with a walk-in bath and separate WC, both ripe for modernization to increase functionality. Outside, the property benefits from both front and rear gardens, complemented by driveway parking. The outdoor space provides gated access to a block-built outbuilding and additional sheds—ideal for storage or as potential workshop areas. With ample room for landscaping improvements or extensions (subject to planning), this garden area holds significant investment potential. Located within easy reach of local amenities and transport links, this property not only offers comfortable living but also an exceptional opportunity for those looking to invest in renovations that could significantly increase value over time. The absence of onward chain facilitates a smoother transition for prospective buyers ready to embark on their renovation journey.

Investment Analysis

(TR27 area)
Area Average
£348/sq ft
Avg Rent (weekly)
£258
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TR27)

Area prices are falling by +4.0% over the last 12 months
3 year growth: -5.4%
5 year growth: 16.4%
Investment Disclaimer: Analysis based on TR27 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

Philgray Close, Hayle, Cornwall
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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
£1,007
Based on a loan of £206,250 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