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Gweek, Helston TR12

South West

£125,000
Listed on 20/08/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a notable opportunity for those interested in renovation and investment potential. Set on Bonallack Lane in the picturesque village of Gweek, this elevated plot offers stunning views towards the local boatyard. With planning permission already granted for a single-storey, one-bedroom dwelling (Planning Reference: PA21/11675), prospective buyers can begin envisioning their future project. The plot measures approximately 500 square meters, allowing for a maximum build size of 66 square meters. Please note that the garage on the site cannot be converted to a habitable space. It is also essential to be aware of the S106 local connection requirements, which prioritize residency ties to Gweek and neighboring areas. These conditions stipulate eligibility based on factors such as duration of residence or employment within the community. Although current planning permission expires on January 20, 2026, any new owner retains the option to apply for alternative building designs should they wish to pursue a different vision for the site. At this time, no services are connected, which allows for customization according to specific needs during development. Beyond its features and potential, Gweek offers an idyllic setting within a sheltered valley at the tidal limits of the Helford River. The area is known for its natural beauty and outdoor activities, with nearby access to scenic walking trails along both shorelines. Local amenities include a public house, café, shop, and boatyard, while Helston—a charming market town—is just six miles away and provides additional shopping and schooling options. This property not only has immediate potential but also serves as a canvas for creative development amid one of Cornwall's attractive rural locations. Interested parties are encouraged to conduct their own inquiries regarding planning permissions and potential alterations before proceeding with any offer or investment decision.

Investment Analysis

(TR12 area)
Area Average
£376/sq ft

Renovation Potential

Est. Renovation Cost
£12,500 - £31,250
10-25% of property value
Monthly Sales
7
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (TR12)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -14.1%
5 year growth: 19.0%
Investment Disclaimer: Analysis based on TR12 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

Gweek, Helston TR12
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