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Higher Anderton Road, Millbrook, Torpoint PL10 - Image 1
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Higher Anderton Road, Millbrook, Torpoint PL10 - Image 3

Higher Anderton Road, Millbrook, Torpoint PL10

South West

£400,000
Listed on 02/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1317 sqft

Description

Nestled behind a gated entrance, this distinctive detached bungalow sits on a generous plot and offers abundant living space with significant renovation potential. The interiors feature a spacious kitchen equipped with a central island and a traditional Heritage range cooker, while the vaulted living room includes a stunning mezzanine dining gallery and a conservatory that provides expansive views over the gardens. The layout comprises three well-proportioned bedrooms surrounding a central hall, complemented by a family bathroom and an en-suite in the principal bedroom. A separate utility room enhances practicality. The property boasts additional features including a 10mx4m detached garage with an inspection pit, as well as various outbuildings, which add to its overall functionality. With formal gardens and productive spaces for gardening enthusiasts, this property not only offers serene outdoor areas but also the opportunity for considerable enhancement or redevelopment—subject to relevant consents. The unique first-floor mezzanine is accessible via a timber staircase, illuminated by multiple Velux windows, offering versatility for alternative uses. The extensive grounds of over half an acre are segmented into distinct sections: manicured lawns, fruit-bearing gardens complete with multiple greenhouses, and ample rainwater storage solutions. With substantial development possibilities indicated by preliminary discussions suggesting potential for several new dwellings on site, this property holds promise for investors or those looking to pursue ambitious projects in an appealing Cornish village setting. Interest should be directed toward obtaining necessary planning permissions from local authorities to maximize its investment potential.

Investment Analysis

(PL10 area)

Below Market Value

This property is priced -7.3% below area average per sq ft

-7.3%
Potential saving
This Property
£304/sq ft
Area Average
£328/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£474,594
10% above area average per sq ft
Potential ROI
-3.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (PL10)

Area prices are falling by +15.5% over the last 12 months
3 year growth: -15.6%
5 year growth: 6.1%
Investment Disclaimer: Analysis based on PL10 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

Higher Anderton Road, Millbrook, Torpoint PL10
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,465
Based on a loan of £300,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE