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South West
£95,000
Listed on 04/09/2026
Listed on 04/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This unique development opportunity presents a traditional granite cart house alongside a detached studio-style chalet, both located in a highly desirable rural area. The asking price of £95,000 is significantly below the local average, making it an attractive option for those looking to invest in property in West Cornwall. While the properties show signs of neglect and require extensive refurbishment, the generous garden space and the granted planning permission for residential conversion offer a promising canvas for renovation. There is ample scope to transform these buildings into desirable homes, capitalizing on the favorable location near Penzance and the stunning beaches.
However, potential buyers should be aware of the significant refurbishment required, alongside possible structural issues that might arise. The project scale is light/typical, allowing for a manageable renovation journey. The absence of specific square footage limits some calculations, but the overall price remains compelling against local market values. With planning permission in place, this could be a rewarding venture for the right buyer willing to embrace the challenge.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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