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Bareppa, Mawnan Smith

South West

£325,000
Listed on 28/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1184 sqft

Description

This detached cottage, nestled in the semi-rural hamlet of Bareppa, presents a rare opportunity for a comprehensive renovation project. Just half a mile from the highly desirable village of Mawnan Smith, this property has already benefitted from initial remedial work on its cob wall and limestone rendering, yet it still requires substantial updates to realize its full potential. The versatile three-bedroom layout offers character features including exposed stone walls and an inglenook fireplace that could be beautifully restored. The property boasts spacious gardens and parking facilities, with the added benefit of a detached outbuilding that could be transformed into a garage or workshop (subject to planning permissions). This offering is available with immediate vacant possession and no onward chain. The local area provides excellent amenities such as shops, public transport links, and access to scenic coastal paths, making it an attractive location for both families and investors. With some vision and investment, this cottage could become a charming home or holiday retreat in a picturesque setting.

Investment Analysis

(TR11 area)

Below Market Value

This property is priced -31.5% below area average per sq ft

-31.5%
Potential saving
This Property
£274/sq ft
Area Average
£401/sq ft
Avg Rent (weekly)
£517
Avg Yield
6.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£521,676
10% above area average per sq ft
Potential ROI
+28.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (TR11)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -1.0%
5 year growth: 18.6%
Investment Disclaimer: Analysis based on TR11 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

Bareppa, Mawnan Smith
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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
£1,191
Based on a loan of £243,750 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