Deveral Road, Fraddam, Hayle

This three-bedroom detached house presents a compelling opportunity for buyers looking to invest in a substantial renovation project. With an asking price of £125,000, it sits significantly below the local average of £343/sqf, making it a remarkable chance to acquire a property at a bargain price. The spacious layout of the house, along with a large garden and an adjoining stone barn, opens up various possibilities for reconfiguration and enhancement, potentially allowing for future development (subject to the necessary consents).

However, the condition of the property is notably poor, with extensive wear and visible damage throughout, including in the kitchen and bathroom. This necessitates a full refurbishment, suggesting a renovation budget in the range of £100,000 to £250,000. The scale of work required indicates a deep dive into the project, with stripped interiors and the potential for structural issues to consider. Despite these challenges, the overall value proposition remains strong given the low entry price against local market rates.