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Predannack, The Lizard TR12

South West

£35,000
Listed on 12/04/2026

Property Details

Bedrooms
1
Type
Chalet

Description

This one-bedroom chalet-style property presents a significant renovation opportunity within a respected complex on the Lizard Peninsula. The home is surrounded by well-maintained communal grounds, offering informal parking for residents. Once refurbished, this property could serve as an ideal 'lock-up-and-go' retreat in one of Cornwall's most picturesque settings or be transformed into a lucrative Airbnb investment. The accommodation includes an open-plan lounge/dining area, kitchen, bedroom, bathroom, and cloakroom, providing a functional layout that can be customized to your taste. The surrounding area boasts stunning natural beauty, with sandy beaches and access to the South West coastal path just a stone's throw away. Nearby amenities in The Lizard village cater to daily needs with local shops and eateries. This property is leasehold with a remainder of a 99-year lease initiated in 1981, and while it comes with some restrictions on occupancy periods, the potential for rental income during permitted times is substantial.

Investment Analysis

(TR12 area)
Area Average
£352/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TR12)

Area prices are falling by -5.1% over the last 12 months
3 year growth: -10.4%
5 year growth: +10.1%
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

Predannack, The Lizard TR12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£124
Based on a loan of £26,250 over 30 years at 3.91% 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

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