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meneage villas, St. Austell, PL25

South West

£155,000
Listed on 13/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1160 sqft

Description

This semi-detached three-bedroom home in the vibrant heart of St. Austell presents a notable opportunity for investors and developers. With a sitting tenant already in place, it's ideal for cash buyers looking to secure a property with immediate rental income potential. The Cornish unit construction offers a solid foundation for renovation, although the property does require significant refurbishment. Its spacious layout across two floors includes an open-plan lounge/diner that can be transformed into a contemporary living space, while the kitchen at the rear awaits a complete redesign to meet modern standards. Additionally, it features practical amenities such as a downstairs bathroom and separate WC on the ground floor, alongside three well-proportioned bedrooms on the upper floor that offer flexible usage options. The outdoor area includes off-road parking and a manageable rear garden. Given its generous plot and location in a popular tourist region, this home has substantial potential for value addition and transformation into an appealing family residence or lucrative rental investment.

Investment Analysis

(PL25 area)

Below Market Value

This property is priced -51.5% below area average per sq ft

-51.5%
Potential saving
This Property
£134/sq ft
Area Average
£275/sq ft
Avg Rent (weekly)
£204
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£351,219
10% above area average per sq ft
Potential ROI
+80.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PL25)

Area prices are falling by -3.9% over the last 12 months
3 year growth: -7.1%
5 year growth: +10.0%
Investment Disclaimer: Analysis based on PL25 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

meneage villas, St. Austell, PL25
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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
£549
Based on a loan of £116,250 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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