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Churchtown, Mullion TR12

South West

£350,000

Listed on 10/05/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This property is located in the picturesque coastal village of Mullion, offering a distinctive freehold opportunity with both residential and commercial prospects in the desirable Lizard Peninsula. Formerly the site of 'The Galleon' fish and chip shop, this property encompasses a charming three-bedroom cottage accompanied by an adjoining commercial space, creating exciting possibilities for various future endeavors, pending necessary planning approvals. The cottage is in need of modernization, providing a blank canvas for potential buyers to design their ideal family home according to personal preferences. Simultaneously, the former restaurant area presents flexible options for commercial use or could be repurposed for lifestyle ventures, workshops, studios, or as a mixed-use investment. Situated at a prominent location within the vibrant village, this property enjoys significant foot traffic from locals and visitors attracted to the scenic Cornish coastline. The area is celebrated for its stunning beaches and access to the South West Coast Path, supported by nearby holiday accommodations that bolster local tourism. This offers not only a residential investment but also an opportunity to tap into a thriving local economy.

Investment Analysis

(TR12 area)
Area Average
£352/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £65,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TR12)

Area prices are falling by -3.4% over the last 12 months
3 year growth: -7.7%
5 year growth: +11.5%
Investment Disclaimer: Analysis based on TR12 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

Churchtown, Mullion TR12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,249
Based on a loan of £262,500 over 30 years at 3.97% 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

Price History

-6.7% since listed
£350,000£25,000(-6.7%)
25/02/2026
Current price
£375,000Initial listing
11/12/2025

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