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Whitecross, Lanteglos

South West

£125,000

Listed on 03/07/2026

Property details

Bedrooms
3
Type
End Of Terrace
Area
678 sqft

Description

This three-bedroom end-of-terrace property presents a compelling renovation opportunity in the peaceful rural hamlet of Whitecross, nestled within Lanteglos-by-Fowey. With its extensive garden and outbuildings, this home is ideal for cash buyers seeking to invest in a project that can transform the existing structure into a modern living space while retaining its charming period features. The layout includes a welcoming porch leading into an entrance hall, from which you access a spacious sitting room with an open brick fireplace and built-in cupboards. The kitchen, though basic, offers potential for enhancement with its existing wall and base units along with a Rayburn. Upstairs, two double bedrooms and a single bedroom await your vision, complemented by countryside views from the rear-facing bedroom. The shower room is functional but could benefit from refurbishment. Outside, the generous gardens include shared pathways and three storage outbuildings, offering ample space for outdoor living or additional projects. Given that the property is non-mortgageable due to its concrete screening test result B status and requires significant work before it can be enjoyed fully, it represents an enticing venture for those looking to invest in a property with clear potential.

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Investment analysis

(PL23 area)

Below Market Value

This property is priced -57.5% below area average per sq ft

-57.5%
Potential saving
This Property
£184/sq ft
Area Average
£434/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£323,565
10% above area average per sq ft
Potential ROI
+50.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
2%
Properties sold annually

Local Market Trend (PL23)

Area prices are rising by +14.9% over the last 12 months
3 year growth: -3.2%
5 year growth: +11.6%
Investment Disclaimer: Analysis based on PL23 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

Whitecross, Lanteglos
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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
£472
Based on a loan of £93,750 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

Next Steps

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