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Edgcumbe, Penryn

South West

£85,000
Listed on 13/11/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This unique Grade II Listed Methodist church, built in 1885, offers a rare opportunity for renovation and investment. Positioned prominently along the A394, between Helston and Falmouth, the property is well-situated for various potential uses, pending planning approval. The church features a distinctive two-storey layout, complete with ancillary rooms and a basement schoolroom. At ground level, you'll find a Sunday school room, kitchen, prayer room, and boiler room. The first floor houses the main worship area—characterized by impressive ceiling heights—and additional meeting spaces. An organ loft at the rear of the building serves as an intriguing third storey. Outside, a former stone stable has been adapted to provide WC facilities. Architecturally striking with its granite masonry façade and natural slate roof, this structure also includes charming stone boundary walls with ornate railings at the front. The presence of level grounds adjacent to the building creates additional outdoor space that could be utilized creatively in any future development. The property's location presents several advantages: it lies just six miles from Falmouth's diverse professional and retail services and is conveniently close to Penryn and Helston. These nearby towns offer further amenities alongside strong transport links to Truro and beyond. Recent pre-application advice indicated support for converting the property into residential units, suggesting that such a use may be achievable while respecting its heritage status. Potential buyers are encouraged to explore this avenue further while considering how best to integrate modern living with the structural integrity of this historic site. With careful planning and imagination, this church represents a significant opportunity for those looking to invest in property with character in an appealing location. Whether you envision restoring it as a family home or developing it into multiple residences, this property holds promise for various creative ventures.

Investment Analysis

(TR10 area)
Area Average
£349/sq ft
Avg Rent (weekly)
£492
Avg Yield
7.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (TR10)

Area prices are stable by +0.7% over the last 12 months
3 year growth: -0.8%
5 year growth: 16.6%
Investment Disclaimer: Analysis based on TR10 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

Edgcumbe, Penryn
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£311
Based on a loan of £63,750 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