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Higher Terrace, Ponsanooth

South West

£220,000

Listed on 13/06/2026

Property Details

Bedrooms
2
Type
Cottage
Area
663 sqft

Description

This quaint two-bedroom stone cottage, set in the sought-after village of Ponsanooth, presents an excellent project for those looking to invest in a renovation. With no onward chain, new owners can seize the chance to reimagine this property into a warm and inviting home. Upon entry, you are greeted by a snug lounge that features a traditional inglenook fireplace, perfect for creating a cozy atmosphere. A pocket door leads from the lounge into a spacious kitchen/dining area equipped with an oil-fired Aga and fitted units along both sides, offering ample room for dining furniture. The rear door provides access to a small patio that ascends to the garden above. Moving upstairs from the lounge, you will find two bedrooms and a bathroom. The main bedroom boasts built-in storage and beautiful views through its recessed sash window. The second bedroom is compact with a built-in cupboard, while the bathroom includes a standard three-piece suite with an over-bath shower. The exterior includes steps leading to a sloped garden predominantly laid to lawn, featuring a shed at its upper section. This garden area offers potential for use as an appealing outdoor retreat that overlooks the village cemetery. Additionally, there is parking available across the access lane and steps leading down into another long garden space where creativity can flourish. Though this property requires comprehensive updating and redecoration throughout, it stands as an ideal canvas for someone eager to stamp their own style on this traditional Cornish stone cottage. Surrounding countryside enhances its appeal further. Conveniently located between Truro, Falmouth, and Redruth, Ponsanooth benefits from local amenities including a post office and primary school. Nature enthusiasts will appreciate nearby attractions like Kennal Vale Nature Reserve and Stithians Reservoir.

Investment Analysis

(TR3 area)

Below Market Value

This property is priced -14.4% below area average per sq ft

-14.4%
Potential saving
This Property
£332/sq ft
Area Average
£388/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£282,604
10% above area average per sq ft
Potential ROI
+4.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TR3)

Area prices are falling by -3.8% over the last 12 months
3 year growth: -13.7%
5 year growth: +8.9%
Investment Disclaimer: Analysis based on TR3 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

Higher Terrace, Ponsanooth
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£831
Based on a loan of £165,000 over 30 years at 4.45% 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.

Stamp Duty Calculator

Price History

-8.3% since listed
£220,000£20,000(-8.3%)
11/02/2026
Current price
£240,000Initial listing
19/12/2025

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