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Penmere Road, St. Austell, PL25

South West

£240,000
Listed on 08/05/2026

Property Details

Bedrooms
2
Type
Detached
Area
781 sqft

Description

This unique detached home presents a rare opportunity for those looking to invest in a property with significant potential. Located in the desirable area of St. Austell, this two-bedroom residence combines comfortable living with exciting future possibilities. The interior features a practical layout that focuses on ease of use, highlighted by a spacious open-plan lounge and dining area at the rear, offering serene views of the garden. The kitchen stands ready for modernization, providing an excellent canvas for your creative improvements. Both bedrooms are generously sized, accommodating ample storage and comfort, while the family bathroom is well-equipped but could benefit from updating. Perhaps the most appealing aspect is the extensive exterior plot—an uncommon feature in this sought-after location—that holds tremendous potential for further development or extension (subject to planning permissions). This property is perfect for those with a vision to transform it into a larger, high-value family home while enjoying all that St. Austell has to offer.

Investment Analysis

(PL25 area)

Above Market Value

This property is priced +12.8% above area average per sq ft

+12.8%
This Property
£307/sq ft
Area Average
£273/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£234,105
10% above area average per sq ft
Potential ROI
-19.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (PL25)

Area prices are falling by -2.8% over the last 12 months
3 year growth: -7.8%
5 year growth: +10.8%
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

Penmere Road, St. Austell, PL25
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£856
Based on a loan of £180,000 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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