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Old Pound, Nanpean, St. Austell

South West

£150,000

Listed on 11/06/2026

Property Details

Bedrooms
2
Type
Detached
Area
872 sqft

Description

This detached 2-bedroom property offers an excellent opportunity for a complete renovation in a serene rural setting. Situated with only one immediate neighbour, it provides a peaceful environment while being just a short distance from the village of Nanpean, where you can find essential amenities such as shops, a post office, and a primary school. The house features two reception rooms and benefits from majority double glazing and electric heating, although it requires significant updates throughout. The entrance hall leads into a lounge with a multi-fuel burner that could be revitalized to create a cozy focal point. The dining room also requires modernization but retains character with its wood-clad walls. A spacious kitchen diner offers the possibility for reconfiguration to enhance utility and style. The upstairs accommodation includes two bedrooms, with the principal bedroom having convenient access to a wet room that also needs refurbishing. Outside, the expansive rear garden holds great potential for landscaping or building an outdoor retreat. With ample scope for improvements inside and out, this property represents a promising investment for those looking to create their ideal home. Please note that services have not been tested by agents, further emphasizing the need for thorough inspection prior to renovation.

Investment Analysis

(PL26 area)

Below Market Value

This property is priced -40.5% below area average per sq ft

-40.5%
Potential saving
This Property
£172/sq ft
Area Average
£289/sq ft
Avg Rent (weekly)
£233
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£277,353
10% above area average per sq ft
Potential ROI
+38.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (PL26)

Area prices are rising by +10.7% over the last 12 months
3 year growth: +3.3%
5 year growth: +22.7%
Investment Disclaimer: Analysis based on PL26 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

Old Pound, Nanpean, St. Austell
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£567
Based on a loan of £112,500 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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