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Manhay, Helston

South West

£750,000

Listed on 03/07/2025

Property details

Bedrooms
3
Type
Cottage

Description

This adaptable smallholding offers significant potential for renovation and investment, set on approximately 7.8 acres of land between Falmouth and Helston. The property features a detached three-bedroom cottage that underwent redevelopment around 2015, having been transformed from two dilapidated cottages into a well-presented family home. With a traditional build under a pitched roof, it retains attractive features such as exposed granite lintels and quoins. The layout includes a utility room equipped for white goods, a dual-aspect kitchen/diner with integrated appliances, and a living room highlighted by a wood burner and French doors leading to an outdoor terrace with scenic views. The first floor comprises a galleried landing leading to three bedrooms, including a master with en-suite facilities and additional family bathroom. Externally, the grounds offer expansive gardens ideal for further landscaping or enhancement; bordered by an old ruin and natural pond which could be revitalized. A variety of outbuildings are present, including workshop/store facilities that have potential for conversion (subject to planning), making this property an intriguing opportunity for those looking to invest in rural development. The surrounding land is comprised of level pastures with traditional Cornish hedges, providing ample space for agricultural or recreational use. With mains electricity, water supply, oil-fired heating, and private drainage already in place but requiring verification of current operational status, interested parties are encouraged to inspect the property strategically to explore its full potential.

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Investment analysis

(TR13 area)
Area Average
£335/sq ft
Avg Rent (weekly)
£245
Avg Yield
3.3%

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
18
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TR13)

Area prices are stable by -1.1% over the last 12 months
3 year growth: -8.2%
5 year growth: +13.2%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,833
Based on a loan of £562,500 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

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