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Manhay, Helston

South West

£599,950
Listed on 07/07/2025

Property Details

Bedrooms
3
Type
Cottage

Description

This charming three-bedroom cottage, set on a generous plot of 3.8 acres, offers a unique opportunity for renovation and investment in a scenic area between Helston and Falmouth. Originally a pair of derelict cottages, it was tastefully redeveloped around 2015 while retaining its traditional character, including exposed granite features and slate hanging. The property includes essential amenities such as a utility room, dual-aspect kitchen/diner, and an inviting living room with wood burner. Upstairs, the galleried landing leads to the master bedroom with en-suite facilities, two additional bedrooms, and a family bathroom. While the property is well-presented, potential exists to enhance both the interior spaces and the extensive outdoor areas that include gardens bordered by a natural pond and ruins which could be revitalized or transformed into attractive garden features. Investors may also consider optimizing the layout or extending into the ample grounds for additional value. Located close to local amenities in Helston and known for its natural beauty, this cottage is positioned well for future appreciation.

Investment Analysis

(TR13 area)
Area Average
£334/sq ft
Avg Rent (weekly)
£255
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TR13)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -5.8%
5 year growth: +16.6%
Investment Disclaimer: Analysis based on TR13 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

Manhay, Helston
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,140
Based on a loan of £449,962 over 30 years at 3.97% 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

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