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Mylor

South West

£425,000

Listed on 22/07/2026

Property details

Bedrooms
3
Type
Cottage
Area
1195 sqft

Description

This attractive double-fronted cottage offers three bedrooms and is located in a desirable creekside village, ideal for those looking to invest in property with significant renovation potential. The home features a spacious dual-aspect living/dining room, complete with a wood-burning stove and access to the garden, alongside a generous kitchen/dining space that invites reconfiguration. The first floor presents three bedrooms—one with an en-suite—and a family shower room, all of which would benefit from modern updating. The south-east facing garden, extending approximately 75 feet, backs onto open fields and includes a timber summerhouse that could serve multiple purposes. Off-road parking accommodates one vehicle at the front of the property. Given the charming character of this cottage and its strategic location near local amenities and natural beauty, it represents an excellent opportunity for renovation and value enhancement without onward chain complications.

Investment analysis

(TR11 area)

Below Market Value

This property is priced -11.9% below area average per sq ft

-11.9%
Potential saving
This Property
£356/sq ft
Area Average
£404/sq ft
Avg Rent (weekly)
£408
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£530,795
10% above area average per sq ft
Potential ROI
+14.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TR11)

Area prices are falling by -3.9% over the last 12 months
3 year growth: -2.9%
5 year growth: +6.2%
Investment Disclaimer: Analysis based on TR11 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

Mylor
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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
£1,606
Based on a loan of £318,750 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

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