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Glebe Row, Phillack, Hayle, Cornwall TR27

South West

£195,000
Listed on 27/07/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terrace cottage presents a promising opportunity for renovation and investment in the sought-after Glebe Row area of Phillack. While the property is in need of updating, it features gas central heating and boasts front and rear gardens that benefit from sunny exposures, enhancing its outdoor appeal. Upon entering, you’ll find an open-plan lounge/diner measuring 6.8m by 3.3m max, which includes double-glazed windows at both the front and rear, alongside charming exposed ceiling beams. This space offers potential for a modern redesign that could beautifully blend character with contemporary living. An alcove houses a traditional Cornish-style range, adding a unique touch to the room. The compact kitchen (3.4m x 1.5m) provides essential amenities, including base and wall units, an electric oven with a gas hob, and access to the rear garden through a double-glazed door. With thoughtful updates, this area could become a functional hub for cooking and entertaining. Upstairs lies the property's two bedrooms—both of which feature fitted carpets and double-glazed windows that invite natural light. The main bedroom (3.4m x 2.8m) overlooks the front of the property, while the second bedroom (3m x 2.5m) has a view of the rear garden and also contains a cupboard accommodating the wall-mounted central heating boiler. The bathroom includes a panel-enclosed p-shaped bath with shower attachment, complemented by modern amenities such as a heated towel rail and inset ceiling spotlights—updates here could further enhance comfort and style. Outdoor spaces consist of a paved patio at the front with hedge borders that contribute to privacy and an enclosed rear garden featuring an outbuilding—a versatile space with potential for garden office or storage solutions. It’s important to note that due to a single block rear extension, this property may be most suitable for cash buyers, as mortgage options could be limited. Prospective owners are encouraged to discuss financing requirements with their lenders beforehand. Situated in Cornwall Council’s jurisdiction with low council tax banding (Band A), this cottage not only offers immediate living space but also serves as an engaging project for those looking to invest in property or create a personalized residence within this desirable location. Accessing local amenities is convenient, while parking is available nearby—even if it doesn’t form part of the property’s legal title. Overall, this cottage stands out as an adaptable canvas brimming with potential for anyone eager to make their mark in

Investment Analysis

(TR27 area)
Area Average
£352/sq ft
Avg Rent (weekly)
£245
Avg Yield
4.0%

Renovation Potential

Est. Renovation Cost
£19,500 - £48,750
10-25% of property value
Monthly Sales
18
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (TR27)

Area prices are falling by +7.9% over the last 12 months
3 year growth: -6.2%
5 year growth: 19.1%
Investment Disclaimer: Analysis based on TR27 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Glebe Row, Phillack, Hayle, Cornwall TR27
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