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Collon Field, Lerryn, Lostwithiel, Cornwall - Image 1
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Collon Field, Lerryn, Lostwithiel, Cornwall

South West

£200,000
Listed on 01/04/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
664 sqft

Description

Nestled within the tranquil cul-de-sac of the desirable village of Lerryn, this two-bedroom semi-detached property presents an exceptional renovation opportunity. Currently in need of comprehensive refurbishment, the home offers a versatile layout with potential for significant transformation. The ground floor features a spacious reception room, providing ample room for a comfortable lounge/dining setup, and a dual-aspect kitchen that opens onto the garden—ideal for reconfiguration and modernisation to suit personal tastes. On the first floor, two well-sized bedrooms offer flexibility for various uses such as guest accommodation or a home office. The family bathroom is centrally located and awaits an update to create a contemporary space. Externally, the property boasts off-road driveway parking and gardens at both sides and rear, laying the groundwork for landscaping and outdoor entertaining enhancements. Lerryn itself is known for its picturesque surroundings along the River Lerryn, enveloping residents in natural beauty while fostering a strong sense of community. This property's location in such a sought-after area adds further investment appeal with considerable potential to enhance both its living space and aesthetic charm.

Investment Analysis

(PL22 area)

Below Market Value

This property is priced -9.1% below area average per sq ft

-9.1%
Potential saving
This Property
£301/sq ft
Area Average
£331/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£241,908
10% above area average per sq ft
Potential ROI
-3.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (PL22)

Area prices are falling by -13.5% over the last 12 months
3 year growth: -11.2%
5 year growth: +3.6%
Investment Disclaimer: Analysis based on PL22 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

Collon Field, Lerryn, Lostwithiel, Cornwall
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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
£708
Based on a loan of £150,000 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.

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