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Auction - Mullion

South West

£160,000
Listed on 03/11/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom detached chalet, located in the picturesque village of Mullion, presents a unique opportunity for renovation and investment. The property features a traditional layout with two generous double bedrooms, a living room, and a separate dining area, providing ample space for both relaxation and entertaining. The enclosed rear garden offers potential for outdoor enhancements or expansion. Built between the 1920s and 1930s with a timber frame and wood shingles, this character-filled home exudes charm while requiring modernization. There is significant potential for redevelopment; a thoughtful renovation could enable future sea views from the first floor, subject to obtaining necessary planning permissions. The property has previously functioned as a successful holiday let, highlighting its appeal to vacationers drawn to the area’s natural beauty. Mullion is known for its community spirit and local amenities, including shops, pubs, restaurants, primary and secondary schools, as well as access to beautiful coastal walks. Notable nearby attractions include Poldhu Beach and the scenic Mullion Cove. Additionally, the historic town of Helston lies just a short drive away, offering a range of services such as schools, healthcare facilities, and leisure options. The chalet benefits from off-road parking and mains electricity, water, and drainage services. The property is classified under Council Tax Band zero due to small business rates relief—an attractive feature for potential investors looking to generate rental income. In summary, this property combines historical charm with substantial investment potential in an enviable location on the Lizard Peninsula. Whether seeking a residential retreat or an income-generating opportunity, this chalet provides a blank canvas ready for transformation.

Investment Analysis

(TR12 area)
Area Average
£358/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TR12)

Area prices are falling by +9.1% over the last 12 months
3 year growth: -20.7%
5 year growth: 7.2%
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.

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Location

Auction - Mullion
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