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Polgooth, St. Austell

South West

£160,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
528 sqft

Description

This semi-detached cottage in Polgooth presents a rare opportunity for renovation enthusiasts or investors. Comprising two bedrooms and equipped with gas-fired central heating and UPVC double glazing, the property stands as a blank canvas awaiting transformation. Although it currently requires extensive refurbishment throughout, its solid structure and convenient location near local amenities offer significant potential to create a charming home or rental property. The garden area includes multiple sheds that could be revitalized or reimagined as part of the renovation, enhancing outdoor space. Close proximity to St Austell and Truro provides added appeal for those seeking access to shopping and recreational facilities. Viewing is essential to appreciate the scope of this project, which allows for personal customization while potentially increasing property value in this desirable region.

Investment Analysis

(PL26 area)

Above Market Value

This property is priced +5.5% above area average per sq ft

+5.5%
This Property
£303/sq ft
Area Average
£287/sq ft
Avg Rent (weekly)
£225
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £80,000
Target Value
£166,893
10% above area average per sq ft
Potential ROI
-30.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PL26)

Area prices are rising by +7.6% over the last 12 months
3 year growth: 2.9%
5 year growth: 26.8%
Investment Disclaimer: Analysis based on PL26 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

Polgooth, St. Austell
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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
£586
Based on a loan of £120,000 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE