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Lelant Downs, Hayle

South West

£350,000
Listed on 28/12/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This detached rural bungalow presents a unique renovation opportunity, set on approximately 1.70 acres of land accompanied by various outbuildings and an adjoining field. Located on the fringes of the appealing Penwith Peninsula in Lelant Downs, the property benefits from its accessibility while being nestled in a tranquil setting. The two-bedroom bungalow is devoid of mundic block issues, making it a prime candidate for complete modernization and refurbishment. In addition to potential residential use, there is an exclusive option to acquire a nearby timber chalet that requires extensive renovation or redevelopment, subject to necessary planning consents. Notably, outline planning permission has been granted for the construction of two residential dwellings within the grounds, thereby enhancing its investment potential. This property not only offers an ideal canvas for personal design but also represents a strategic investment opportunity in a sought-after area. Mains water and electricity are already connected to both structures, though considerations will need to be made for drainage improvements depending on future plans. With considerable space available for development or farming endeavors, this bungalow invites visionary buyers looking to transform it into their dream home or generate profit through redevelopment.

Investment Analysis

(TR27 area)
Area Average
£345/sq ft
Avg Rent (weekly)
£256
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
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
22%
Properties sold annually

Local Market Trend (TR27)

Area prices are rising by +3.5% over the last 12 months
3 year growth: 1.3%
5 year growth: 22.5%
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

Lelant Downs, Hayle
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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
£1,282
Based on a loan of £262,500 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