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Helston Road, Germoe, Penzance

South West

£225,000
Listed on 07/04/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1034 sqft

Description

Available through auction, this detached three-bedroom bungalow offers significant potential for either extensive remodeling or complete redevelopment, subject to planning approval. Nestled on approximately 0.22 acres less than a mile from Praa Sands, the property boasts a generous internal area of around 1,133 sqft. The current layout includes an entrance hall, a sitting room, a conservatory, a kitchen/breakfast area, a snug, utility space, three bedrooms, and a bathroom. Outside, there is ample off-road parking and a garage with an adjoining workshop. Situated in the tranquil parish of Germoe, this location provides easy access to the picturesque south Cornish coastline and is conveniently positioned between Penzance and Helston. The surrounding area features a blend of agricultural land and coastal scenery ideal for beach enthusiasts and nature walks alike. The small community-oriented parish offers a mix of historic and modern housing while maintaining its rural charm rather than focusing on tourism. The property enjoys an elevated position adjacent to scenic countryside views. Practical transport connections are available via the A394 corridor to facilitate travel throughout the region. Utility services include mains electricity and water with oil-fired central heating as well as ultrafast broadband access; however, mobile coverage may be variable. Prospective buyers should conduct relevant due diligence regarding local conditions as outlined in the legal pack.

Investment Analysis

(TR20 area)

Below Market Value

This property is priced -38.5% below area average per sq ft

-38.5%
Potential saving
This Property
£218/sq ft
Area Average
£354/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £90,000
Target Value
£402,185
10% above area average per sq ft
Potential ROI
+27.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (TR20)

Area prices are rising by +9.9% over the last 12 months
3 year growth: +3.0%
5 year growth: +12.8%
Investment Disclaimer: Analysis based on TR20 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

Helston Road, Germoe, Penzance
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£797
Based on a loan of £168,750 over 30 years at 3.91% 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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