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Higher Terrace, Ponsanooth

South West

£240,000
Listed on 20/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
663 sqft

Description

This quaint two-bedroom stone cottage, nestled in the sought-after village of Ponsanooth, offers a fantastic refurbishment opportunity for those looking to create a personalized living space. The property features charming gardens and parking facilities, making it suitable for both immediate enjoyment and future enhancement. Upon entering from Higher Terrace, the inviting lounge boasts an impressive inglenook fireplace, serving as a focal point in the cozy environment. A pocket door leads from the lounge to a kitchen/dining area equipped with an oil-fuelled Aga and ample fitted units, providing plenty of space for meals and entertaining. A rear door opens onto a small patio that ascends to the garden. The first floor hosts two bedrooms; the main bedroom is generously sized, featuring built-in storage and picturesque countryside views through its recessed sash window. The second bedroom is smaller but offers useful built-in cupboard space. Completing this floor is a bathroom with a three-piece suite including a shower over the bath. The rear garden slopes gently and is predominantly laid to lawn, complemented by a storage shed at the upper end. Additionally, there’s potential for further landscaping or enhancing this space into a tranquil outdoor retreat. To the front of the property lies parking along with access to an extended garden area that could be transformed into an idyllic rural escape amidst stunning countryside views. While requiring modernisation and redecoration throughout, this cottage presents an excellent canvas for buyers eager to stamp their unique style on a traditional Cornish dwelling.

Investment Analysis

(TR3 area)

Below Market Value

This property is priced -7.0% below area average per sq ft

-7.0%
Potential saving
This Property
£362/sq ft
Area Average
£389/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£283,989
10% above area average per sq ft
Potential ROI
+1.4%
After renovation
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
9%
Properties sold annually

Local Market Trend (TR3)

Area prices are falling by +3.2% over the last 12 months
3 year growth: -14.5%
5 year growth: 22.0%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£879
Based on a loan of £180,000 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.

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