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Nansmellyon Road, Mullion, Helston - Image 1
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Nansmellyon Road, Mullion, Helston

South West

£500,000

Listed on 11/10/2026

The listing

Property details

Bedrooms
8
Type
Detached
Area
3042 sqft

Description

This substantial detached residence features eight bedrooms, providing an impressive 3,042 sq ft of flexible living space. The property includes a self-contained one-bedroom annex, ideal for multi-generational living or as a home office. While the main house has been partially renovated, there remains an opportunity for new owners to complete the remaining works and personalize the space to their taste. Located in the vibrant village of Mullion on the picturesque Lizard Peninsula, this home benefits from a strong community atmosphere and is close to various amenities, including independent shops, traditional pubs, and scenic coastal paths. The property is well-situated just over a mile from Mullion Cove, a historic harbor perfect for sailing and coastal walks. Inside, the principal house boasts spacious reception rooms filled with natural light, along with a well-proportioned kitchen designed for modern living. The layout accommodates larger families or guests comfortably, with seven versatile bedrooms that can adapt to changing needs. Externally, the property offers an enclosed garden and off-road parking, enhancing its appeal as a family home. Ridgeback represents a rare opportunity to acquire a versatile residence with significant potential in a sought-after coastal location.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

78out of 100
Grade BGood opportunity

Confidence: MEDIUM

This substantial 7-bedroom detached residence offers a fantastic opportunity for buyers looking to create value through renovation. Priced at £500,000, which translates to an impressive £164/sqf, this asking price is significantly below the local average of £349/sqf, presenting an attractive entry point for potential owners. The property spans over 3,000 sq ft and includes a versatile integral 1-bedroom annexe, enhancing its appeal for various family configurations or as a rental unit.

While the property has undergone partial renovations, there are still areas that require finishing, allowing savvy buyers to put their own stamp on the home. The spacious living areas and modern kitchen fittings are notable highlights, while the garden and exterior are in good condition, further adding to the property's charm. With an anticipated renovation budget of £40,000 to £80,000, this project presents a medium scale undertaking, ideal for those looking to enhance and modernize the living space while benefiting from a strong potential return on investment.

Key opportunities

  • Spacious living areas and 8 bedrooms provide flexible accommodation for families or rental potential.
  • The modern kitchen fittings can be further enhanced to create a stunning central hub in the home.
  • The integral 1-bedroom annexe adds significant value and versatility, perfect for guests or additional rental income.

Key risks

  • Partial renovations may deter some buyers due to unfinished areas.
  • The condition of unseen areas remains uncertain, which could impact overall renovation costs.

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Location

Nansmellyon Road, Mullion, Helston
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Finance

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Illustrative repayments based on the asking price, not a mortgage offer.

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£
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Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,889
Based on a loan of £375,000 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.

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