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St Just, Penzance TR19

South West

£675,000
Listed on 12/12/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
1596 sqft

Description

'Cocks Roost' presents a distinctive opportunity for investors and renovators, featuring a partially converted property that was originally two separate cottages. The structure has undergone some initial improvements, boasting a new roof and uPVC double glazing, yet still awaits significant renovation to make it habitable once more. The layout suggests potential for an expansive reception area with kitchen, alongside a generously sized dining room with an inglenook fireplace. Upstairs, three bedrooms and a dedicated office add to the appeal of this unique dwelling, all while offering stunning views of the surrounding countryside and coastline.<br><br>In addition to the main property, this sale includes various outbuildings in differing states of repair, plus a stone barn that comes with lapsed planning permission for conversion into a holiday cottage—a lucrative prospect in this scenic region. With approximately 45 acres of agricultural land enveloping the property, there is considerable scope for enhancing value through agricultural use or further development (subject to necessary permissions). This rarely available combination of property and land offers significant investment potential in a charming rural community close to local amenities.

Investment Analysis

(TR19 area)

Above Market Value

This property is priced +12.5% above area average per sq ft

+12.5%
This Property
£423/sq ft
Area Average
£376/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£120,000 - £180,000
Target Value
£660,018
10% above area average per sq ft
Potential ROI
-22.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (TR19)

Area prices are falling by +5.9% over the last 12 months
3 year growth: 9.5%
5 year growth: 28.6%
Investment Disclaimer: Analysis based on TR19 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

St Just, Penzance TR19
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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
£2,473
Based on a loan of £506,250 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