2 Cornubia Close, Hayle, Cornwall

Description

A two bedroom semi-detached house. Externally the property benefits from off road parking and a rear garden. In need of modernisation. Extension potential subject to requisite consents. Vacant.

Accommodation

Ground Floor - Entrance Hallway, Reception Room, Kitchen. First Floor - Two Bedrooms, Bathroom/WC.

Location

Located on Cornubia Close, accessed off Harvey's Way. Local amenities are available along St George's Road. Recreational amenities such as green spaces are nearby, including the Paradise Park and JungleBarn. Hayle Beach is in close proximity. Transport links via Hayle station with access to the A30. Transport Hayle - CrossCountry, GWR.

Tenure / Property Information

Investment Analysis

The guide is £110,000. Same-street completed sales for semi-detached freehold properties range from £173,000 to £265,000, including £225,000 on 27 January 2026. However, the comparable bedroom counts, sizes and condition are not supplied, so a reliable subject-specific GDV or refurbishment-adjusted valuation cannot be established. The evidence suggests potential headroom over the guide, but not enough to set a supported bid figure.

Investment Snapshot

Strategy Recommendation

Proceed only after verifying the legal pack, buyer premium, VAT and other sale charges, and obtaining a property-specific refurbishment and resale appraisal. Do not rely on the guide-to-comparable price difference alone.

Works Required

Modernisation is required, but the evidence does not specify the affected elements or scope. Extension potential is mentioned, subject to the requisite consents; no extension cost or planning position is provided.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be completed reliably because refurbishment costs, supported rent and a subject-specific GDV are unavailable. Same-street sales indicate possible value above the guide, but the comparable property details are incomplete and buyer fees are unstated.

Buy-to-Let Analysis

A BTL assessment cannot be completed because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Gross yield, operating costs and debt coverage therefore remain unquantified.

Flip Analysis

A flip appraisal cannot be quantified. Completed same-street sales provide a broad reference range of £173,000 to £265,000, but the comparables' bedroom counts, sizes and condition are unknown. Modernisation costs, selling costs and applicable auction charges are also unavailable.

Investor Risks & Due Diligence

• The property is described as being in need of modernisation, but the scope and cost are unknown.

• No sufficiently specific rental evidence is available, preventing a supported yield assessment.

• Comparable bedroom counts, floor areas and condition are not supplied, limiting GDV reliability.

• The buyer fee is unstated and VAT or other seller charges may apply under the Special Conditions of Sale.

• Any extension would be subject to the requisite consents.

Recommendation

Proceed only after verifying the legal pack, buyer premium, VAT and other sale charges, and obtaining a property-specific refurbishment and resale appraisal. Do not rely on the guide-to-comparable price difference alone.

Strategy Rating

Analysis Confidence

The evidence confirms tenure, occupancy, property type, guide price and several same-street sales, but lacks comparable bedroom/size/condition data, rental evidence, refurbishment costs and complete purchase charges.