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See how verdicts work6-bedroom detached house · TR12 6HL
For saleListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to acquire a unique waterfront property comprising two detached residential dwellings in an idyllic Creekside setting, with approximately 70 meters of water frontage to Gillan Creek and the benefit of a private quay.
Situated within an Area of Outstanding Natural Beauty, the properties require comprehensive renovation or redevelopment potential, subject to the necessary planning consents.
The Properties Accessed via a private driveway, the site occupies a sheltered protected wooded position on the southern slopes of Gillan Creek, enjoying a westerly aspect.
The grounds extend to approximately 3⁄4 of an acre and include a double garage, generous parking, sloping gardens leading to the creek, and a private landing quay.
This opportunity boasts two residential properties in an idyllic creek side setting, located at the end of a no through private road, leading to the driveway and private parking area with a detached double garage.
The properties lie within the Lizard Area of Outstanding Natural Beauty and within a protected tree location.
Both properties require complete renovation or subject to planning approval, the site offers outstanding scope to create a spectacular single waterside residence or redevelop as two individual homes.
Due to the construction and condition of the properties, it is felt this opportunity would not be suitable for lending purposes by mainstream lenders.
Alternative specialist lenders may offer financial assistance.. The Grounds The garden and grounds are sloping towards the creek with pathways formed which lead down to the quay.
The properties lie within a tree preservation order area, and the gardens are currently overgrown.
The private granite quay, with steps and a timber slip provides private access to the creek, and views are enjoyed up and down the creek towards St Antony in Meneage.
Tyllertythy Arranged over three floors, Tyller Tythy is of timber construction with part cedar-clad elevations beneath a pitched roof, incorporating a useful block-built store at ground floor level.
Heated by oil fired central heating.
Accommodation comprises: Lower Ground Floor : - Store room and Utility Ground Floor: - Kitchen, Dining Room, Living Room, Study, Conservatory, Family Bath/shower room First Floor: 3 / 4 bedrooms, shower room.
Creek View Creek View is arranged over two floors and currently divided into two self-contained apartments. Constructed of blockwork, the property enjoys an elevated position, just above Tyler Tythy.
Accommodation comprises: First Floor: Kitchen, dining room, reception room. Two bedrooms, family bathroom. Ground Floor: Kitchen/dining/living room. Bedroom.
Property Information EPCs: Tyller Tythy: F Creek View: Ground Floor G; First Floor G Council Tax Bands: Tyller Tythy: F Creek View: D Services Mains electric and water. Private Drainage.
Agent's Note: It is not known if the private drainage system complies with current legislation. The property is being sold as seen.
None of these services have been tested and therefore no guarantees can be given. Interested parties are advised to make their own enquiries to the relevant service providers.
Wayleaves, Easements & Rights of Way The sale will be subject to and with the benefit of all wayleaves, easements and rights of way as may exist.
A neighbour has a pedestrian right of way down the driveway to place his rubbish bins.
Location Positioned on the south side of Gillan Greek with a westerly outlook, the area is a popular location for the local and visiting yachtsman.
Gillan Creek is a small separate tidal creek situated on the southern side of the wood fringed Helford River with its sheltered creeks and inlets.
The river and creek open onto the superb sailing waters of Falmouth Bay and the Carrick Roads.
The former market town of Helston, home to the famous Furry Dance on Flora Day is approximately 11 miles distance and boasts a wide range of retail and professional and health services and leisure facilities whilst locally the village of Manaccan provides a public house and village school.
St Keverne, approximately 31⁄2 miles distant provides for services and facilities for everyday requirements.
The Lizard Peninsula, an Area of Outstanding Natural Beauty provides a plethora of country, wooded, creekside and clifftop walks and the property is superbly placed for easy access to the sailing waters of the Helford River, Falmouth Bay and the south coast of Cornwall.
The Helford village and the popular sailing club with bar and restaurant organizes a variety of social events throughout the year along with regular dinghy racing in the summer.
The property lies in the renowned agricultural district in beautiful unspoilt countryside in the heart of the popular and thriving holiday area of the Lizard Peninsula.
Viewing & Directions Strictly by appointment with the sole selling agent Lodge & Thomas. Tel: Email: what3words///punctuate.region.graver
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About Tyller Tythy and Creek View, Manaccan
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